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Or select your preferred monthly payments, deposit and loan period, based on an example Hire Purchase agreement at 15.9% APR

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Hire Purchase

The ‘traditional’ method of financing a new car.

Hire Purchase calls for an initial deposit, which is a predetermined percentage of the total vehicle cost, followed by regular, fixed monthly payments over a number of years, until the balance is cleared.

Advantages

•  The vehicle becomes your property at the agreement’s end after the final monthly payment and option to purchase fee is paid

•  Payments are made monthly over a fixed period (usually 1-5 years)

•  Payments are fixed throughout

There is a ‘pause payment’ option, which effectively extends the payment period by one month because no payment is made in month one, allowing the customer a little breathing space at the start of the agreement.

Subaru Finance is a trading name of International Motors Finance Ltd. Finance is provided, subject to status by International Motors Finance Ltd, Charterhall House, Charterhall Drive, Chester, CH88 3AN. You must be at least 18 and UK resident to apply. A guarantor may be required.