Crawford Clarke Cars
PCP or HP
Hire Purchase (HP)
This is the most straightforward method of purchase, where you’ll pay the price of the car off monthly, over an agreed period. This is ideal for customers who like outright ownership of their car. What’s more, there’s no mileage limit which makes it great value for drivers who cover significant miles.
It’s not always necessary to have a deposit, but putting down as much as you can up front will help to reduce the balance to be cleared. This brings down your monthly repayments and also reduces the amount of interest incurred.
How does it work?
- Choose the car you like
- Choose the most suitable repayment period, between 24 and 60 months
- You agree a deposit and monthly payment to suit your budget
- At the end of the agreement, as long as all the payments have been made, the car is yours
What are the key features?
- At the end of the agreement you own the car with nothing further to pay
- Fixed monthly payments help with your budgeting
- Fixed interest rate