Hire Purchase is the traditional way to
finance your new car - you simply choose the deposit amount you wish to
pay and the length of the repayment period.
How it works
- You pay for your car over a pre-agreed period, during which time the balance and interest are repaid by fixed payments.
- You can select any level of deposit or period of agreement from within our product parameters to suit your own individual needs.
- The
interest charged is calculated at the beginning of the agreement and
will remain unaffected by any future changes in interest rates,
allowing you to plan your budget with confidence.
- When all the payments have been made at the end of the agreement you own the car.
PRODUCT COMPARISON
Please see the table below for a product comparison of the benefits of Preferences and Hire Purchase.
All
Nissan Finance products can be tailored to meet your individual needs.
Before making a final decision, we recommend you visit your local
Nissan dealership where our trained sales staff will be happy to
discuss options available to you in more detail.
Benefits & Features
| |
Hire Purchase |
Preferences |
Eventual Ownership |
Yes* |
Optional |
Deposits |
0% - 90% |
0% - 35% |
Term |
12 - 60 months |
12 - 36 months |
Fixed monthly payments |
Yes |
Yes |
Option to defer a proportion of the capital cost to the end of the agreement |
No |
Yes |
Lower monthly rentals due to deferred amount |
No |
Yes |
Disposal responsibility |
Yes* |
Optional |
* Subject to payment of the nominal option to purchase
Finance
is only available to persons aged 18 years or over and is subject to
status. Guarantees and Indemnities may be required. Certain categories
of business user may be ineligible. Written quotations are available
upon request from Nissan Finance (GB) Limited, P O Box 493, Watford,
WD1 1FJ.
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