Hire Purchase (HP) car finance
Fixed monthly payments — and the car is yours at the end of the term. HP is the simple, straightforward way to buy your next car.
- ✓You own the car at the end
- ✓Fixed monthly payments
- ✓No mileage limits
- ✓Bad credit accepted
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
“Amazing service from start to finish. Really consistent communication throughout the whole process.”
“They managed the purchase of my new car. It was a breeze! Talked me through every step.”
“A great experience. Helped me from start to finish and found me a car the same day!”
“Found a car very quickly. The finance was easy — the lender was specific to my situation.”
“Excellent service from start to finish. Very professional and efficient. Highly recommended.”
“Massive thank you for helping me get my first ever car. Made a stressful process easy.”
“I never thought I'd get a car in my own name with my credit score — they made it possible.”
“First class. Very professional — they came back to me right away with clear answers.”
“Can't fault them. I've been using them yearly for refinancing. They go above and beyond.”
“Just magic! From a few clicks at midnight to a closed deal within 24 hours!”
HP car finance explained
Hire Purchase (HP) is the most straightforward way to buy a car on finance in the UK. You put down an optional deposit, then pay fixed monthly instalments over 24–60 months. Once the final instalment is paid, ownership of the car transfers to you.
Because HP repays the full value of the car during the term, monthly payments are typically higher than a PCP on the same vehicle — but there's no balloon payment to worry about and no mileage restrictions to stick to. This makes HP a favourite for high-mileage drivers, family cars kept for the long term, and anyone who simply prefers the clarity of "pay the finance, own the car".
HP is a secured agreement: the car acts as collateral, which is one reason it's often more accessible to drivers with adverse credit than an unsecured personal loan.
Rates depend on your credit profile, deposit and term. Prime credit customers can often secure HP from around 9.9% APR representative, while specialist bad-credit HP typically runs from 18–35% APR.
Getting an HP quote from us takes 2 minutes and uses a soft credit search only — no impact on your score. There are no upfront broker fees and you're under no obligation to proceed.
Pros and cons of Hire Purchase (HP)
- ✓You own the car outright at the end
- ✓No mileage restrictions
- ✓Fixed monthly payments for budgeting certainty
- ✓Available with or without a deposit
- ✓Great option for high-mileage drivers
- ✓Bad credit HP possible via specialist lenders
- !Higher monthly payments than an equivalent PCP
- !Car is legally the lender's until the final payment
- !Can't modify the car without lender approval
- !Longer terms mean more total interest
Car finance calculator
These estimates are for illustration only and are subject to credit checks and lender criteria. Your actual rate and monthly payment will depend on your personal circumstances.
Hire Purchase (HP) FAQs
How car finance works
Apply in 2 minutes
Tell us the car you want, how much you want to borrow, and a monthly payment that fits your budget. We'll match you to the best deal from our panel of lenders.
Pick a car from any dealer
Once accepted, choose a new or used car — or part-exchange your current one — from a reputable UK dealer. We run the full checks for you.
Drive away the same day
Arrange same-day collection or home delivery. Get behind the wheel and enjoy your new car.
HP vs PCP vs Personal Loan
| Finance feature | Hire Purchase (HP) | Personal Contract Purchase (PCP) | Personal loan |
|---|---|---|---|
| Requires initial deposit | Optional | Optional | × |
| Car is yours at the end | ✓ | Optional (balloon) | ✓ |
| Fixed monthly payments | ✓ | ✓ | ✓ |
| Optional final (balloon) payment | × | ✓ | × |
| Avoid excess mileage charges | ✓ | × | ✓ |
| Secured against the car | ✓ | ✓ | × |
| Support with vehicle issues | ✓ | ✓ | × |
| Available with bad credit | ✓ | ✓ | ✓ |
We work with 15+ trusted UK lenders
A smarter way to finance your next car
15+ lenders, 100+ deals
Access to a wide UK lender panel means we're more likely to find the right deal for you.
Soft search only
Getting a quote won't affect your credit score. A hard search only happens if you go ahead.
Tailored expert advice
UK-based advisers guide you at every step — by phone, WhatsApp or online.
Fast & efficient
Instant decisions in minutes and same-day delivery or collection once approved.