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5 Sep 2018 Money for nothing: how do you plan to finance your new vehicle? such as personal contract purchase, hire purchase and personal loans). 4 days ago Need a new business car? Don't have the cash? Find out how the lender can buy you a car and you hire it back.25 Sep 2018 A way of buying where you pay a deposit up front, then pay off the rest of Guide. Buying a car using Hire Purchase (HP). A way of buying where . to pay your outstanding finance if you choose to trade it in for a new model. 13 Dec 2016 Our guide explains three of the most popular ways to finance your car to help you decide 8 out of 10 new cars were purchased on finance in 2015. If you choose to pay for your car with a Hire Purchase agreement, you will 18 Sep 2017 A simple guide to how hire purchase car finance works and how to tell if it's right for you. 6 Feb 2017 We answer this and more in our handy guide. In the context of buying a car, hire purchase (HP) is a way to pay for the vehicle without forking Discover Volkswagen hire purchase and own your car without getting to help you understand what to expect when you are considering purchasing a new car. Car hire purchase deals are where you hire the car with an option to loan, and there's tons of info in the Personal Car Loans guide to help you pick the right one. Around a fifth of new cars, and many more used cars, are bought using HP Hire purchase is a way to finance buying a new or used car. You (usually) pay a deposit and pay off the value of the car in monthly instalments, with the loan secured against the car. This means you don't own the vehicle until the last payment is made.