Hire Purchase

Hire Purchase is probably the easiest way to spread the cost of buying a new vehicle.

It's fixed rate finance with a set monthly payment. The deposit you pay is flexible - typically between 10-50% of the vehicle cost, or the deposit may even be covered by part exchanging your old vehicle. In some cases, we can even finance the whole amount without the need for any deposit at all.

The remaining balance (including fixed interest) is repaid in equal instalments over an agreed period, usually 12 to 60 months.

The benefits of Hire Purchase:
  • Low deposit - keeps valuable cash available

  • Control - you decide the deposit and the terms

  • Fixed monthly payment - perfect for budgeting your cashflow

  • Flexibility - doesn't compromise your other lines of credit

  • Assets - you gain vehicle ownership

  • Tax benefits - Tax allowances for business users

  • VAT free - no VAT on payments

Merry Hill Van Centre Ltd
Rear of Osprey Fabrications Ltd
Lyde Green, Cradley
Halesowen
West Midlands
B63 2PG

Tel: 01384 483535
Fax: 01384 411188
Mobile: 07950 311188

Email: info@merryhillvancentre.co.uk

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VAN SPECIALISTS