Additionally, in some cases, once you've paid half the cost of your car, you may be able to return it and not have to make any more payments. As we mentioned before, until you make your final payment, you don't own the vehicle. The deposit you put down, and the term length you choose, will also affect these payments. If you have a short term on the loan and your deposit is smaller, your loan repayments will often be higher than if you have a longer term and pay more of a deposit.
Until you have paid a third of the total amount of the vehicle, the lender is able to repossess the car without needing to get a court order. Don't forget, HP is not your only option when it comes to owning a car. PCP finance may suit you better, find out more about it here. Carbase is a credit broker, not a lender, and is authorised and regulated by the Financial Conduct Authority. The interest rate is fixed for the term of the agreement and is determined subject to status by your credit score. HP Deals are available from 6.
No matter your credit history, you can compare finance deals from a panel of lenders using your credit rating. Carry out a Free Car Finance Check, which uses a quotation search to show your likelihood of acceptance without affecting your credit rating. It is quick and easy to apply online once you have found your ideal car.
Sign up for our daily newsletter Newsletter. Aside from having different vehicles to offer, their interest rates, payment terms, and overall payment package may differ. Newsletter Sign up Receive the latest news and Car stock. View all Cars. How Carbase works From finding car finance to getting you on the road, our team is on hand to help you make the best decision! The salesperson you will be working with will know what your budget is exactly before showing you a single car. Are you keen to get behind
Annual Mileage 6, miles p. HP PCP. Hire Purchase facts Fixed Interest Rate Deposit and term can be adjusted to find the monthly payment that suits you The finance is against the vehicle Other forms of credit will remain available for future use Agreement can be settled at anytime At the end of the agreement you have full ownership of the vehicle. Simple Car Finance Deals from 6. Affordable Hire Purchase Finance Deals with Carbase If you want to buy and own your car at the end of the finance deal with no balloon payments, a HP finance contract may be right up your street.
What is Hire Purchase?
Benefits of Hire Purchase It enables you to purchase a more expensive car than if your deposit alone was used It is simple to understand and arrange The finance agreement is flexible and can be ended at any point At the end of your agreement you own the car outright It is easier to get approved on, especially if you have a poor credit score The car acts as security so you are not closed off from other forms of finance.
How does hire purchase work?
Will bad credit affect your ability to buy a car on Hire Purchase? What are the advantages of Hire Purchase? What are the disadvantages of Hire Purchase? How does my credit history affect the interest rate? Full price Monthly.
Term 24 months - 2 years 30 months 36 months - 3 years 42 months 48 months - 4 years 54 months 60 months - 5 years. Gearbox Manual Automatic. Mileage Up to 10, miles Up to 20, miles Up to 30, miles Up to 40, miles Up to 50, miles Up to 60, miles Up to 70, miles Up to 80, miles Up to 90, miles Up to , miles Up to , miles Up to , miles Up to , miles Up to , miles Up to , miles. Matches in stock: Search Reset. Or automatically know when your car is due its next service or how much fuel you have left.
Go to our Volkswagen Connect page to learn more about its many great benefits. There are eight great benefits to buying a Das WeltAuto used car from Volkswagen. Find your own Das WeltAuto used Volkswagen using our used car locator. For more details on the Das WeltAuto used car programme please visit your local retailer. Available on Solutions Personal Contract Plan until 30th September , on used car sales between 90 days and up to 4 years only. Maximum mileage at end of contract is , miles. Subject to availability and status.
Excludes electric vehicles. Ask for details. Offers are not available in conjunction with any other offer and may be varied or withdrawn at any time. Freepost Volkswagen Financial Services. From participating Retailers only.
For more information on compatible vehicles, please speak to your local Volkswagen Das WeltAuto retailer. Volkswagen Connect requires a compatible smartphone; an iPhone 4S or newer with iOS 8 minimum, or an Android running 5. Only available on Das WeltAuto models purchased by 30th September