News Formal

Hire purchase (HP) explained - Car Finance Guide

  • 📰 whatcar
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Most people buy new cars on personal contract purchase (PCP) deals, but what about traditional hire purchase - could it be more suitable for you?

You don’t own the car until the final payment has been made, so you don’t have the legal right to sell the car. If you do sell the car, the finance company might take action against you for any payments you owe.Car companies are keener for people to buy on PCP rather than HP, so they often offer ‘deposit contributions’ of up to £1500 off the cost of a car with a PCP deal.

You need to ensure the car is in good condition if you’re going to hand it back early; if it’s not, you’ll be charged for any work that’s needed to bring it up to scratch.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 554. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Why your Company Needs a Virtual Chief Information Security Officer | HackerNoonWhy should your company hire a virtual CISO to increase security? - onlinesecurity datasecurity
ソース: hackernoon - 🏆 532. / 51 続きを読む »