Hire Purchase with Balloon Payment
MAKING PAYMENTS AFFORDABLEAn attractive ‘spin’ on conventional Hire Purchase in so far as it calls for lower monthly payments. It does, however, require the customer to make a final ‘balloon’ payment at the agreement’s end, which then releases the car into the customer’s possession.
Advantages
• Payments are lower than with a ‘standard’ Hire Purchase arrangement
• The vehicle becomes the owner’s property at the agreement’s end after the balloon payment & option to purchase fee are paid
• Payments are made monthly over a fixed period
• Payments are fixed throughout
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.
