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PEUGEOT 308 HATCHBACK 1.4 VTi 98 Access 5dr reviews PEUGEOT 308 HATCHBACK 1.4 VTi 98 Access 5dr

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Hire Purchase (HP) is very similar to borrowing a sum of money from a bank and paying it back over a fixed period of time, with interest. It is a type of secured loan which is often preferred over alternative (unsecured) loans because it allows a greater borrowing limit. The term ‘secured loan’ means exactly that, a loan that the lender can secure against an asset (in this case, the vehicle). HP gives you additional rights over those of a personal loan and is only available through dealers that have passed the stringent approval process of the finance companies. HIRE PURCHASE REPRESENTATIVE EXAMPLE
4 Years 0%APR Representative Finance
48 Monthly payments	£209.08
Total OTR price	£12,545.00
Customer deposit(this could be your part exchange)	£2,509.00
Total amount of credit	£10,036.00
Total charge for credit	£0
Total amount payable	£12,545.00
Rate of interest (fixed)	0%
APR representative	0%
Retail only. Metallic paint available at extra cost. Subject to availability. Offers apply to vehicles ordered & registered by 31/01/2013. Price includes 12 months road fund licence. Finance subject to status to UK residents aged 18 or over. A guarantee may be required. Written quotations available on request from Peugeot Financial Services, Quadrant House, Princess Way, Redhill, RH1 1QA. Finance example figures are for illustration purposes and may vary depending on circumstances. Terms and conditions apply.

 

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