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Car Finance Rescue

What is Hire Purchase HP?

Hire Purchase (HP) is perhaps the most common car finance product. HP allows you to use the car while paying for it and at the end of the agreement you can take ownership of it with an additional sum called the 'Option to Purchase Fee'. The car is in fact the security for the agreement.

 

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Cambria Automobiles(Swindon) Limited, Cambria Vehicle Services Limited, Grange Motors(Brentwood) Limited, Grange Motors(Swindon) Limited, Invicta Motors Limited, Invicta Motors(Maidstone) Limited, Thoranmart Limited and SOGO Mobility Limited(including all trading names) are Appointed Representatives of Cambria Automobiles(South East) Limited which is authorised and regulated by the Financial Conduct Authority - FRN 308872.

We are a credit broker not a lender; we will assess your needs and introduce you to a limited number of finance providers who offer a limited range of finance products.No fees are payable by you for our Finance &Insurance Services.In most cases we are paid a fee by the provider for introducing you to them, typically an introductory fee which is either a % of the amount financed or a fixed amount.The interest rate is fixed by the lender therefore neither the interest rate nor the agreement length has an influence on the fee that we are paid.

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