Peugeot Hire Purchase
- No Deposit
- We help find you the perfect car
- PCP and HP from 8.9% APR
- Free car history and dealer quality check
Have you been searching for a great Peugeot Hire Purchase (HP) deal?
Well, you are in the right place! Our handy guide will show you exactly what you can expect when you choose Peugeot hire purchase finance. If you choose HP, we can guide you through the process and our transparent car finance service can help you get the very best HP deals on the market.
Representative Example: Borrow £7,000 with £1,000 deposit over 48 months with a representative APR of 17.9%, monthly payment would be £171.83, with a total cost of credit of £2,247.83 and a total amount payable of £8,247.83. CarMoney Limited can introduce you to a limited number of finance providers based on your credit rating and we will receive a commission for such introductions this can either be a % of the amount borrowed or a flat fee. This does not influence the interest rate you’re offered in any way. CarMoney is a broker not a lender.
Peugeot has been producing cars since 1882. As a result, this well-known French brand is continuously invigorating the car industry. With fresh, stylish designs that are great value for money, it’s no surprise that a Peugeot car caught your eye.
Peugeot hire purchase from Car Money is a popular option since it allows you to spread the cost of your next Peugeot over a fixed period of time, usually two to three years, although it is possible to lengthen this to five years.
These costs are fixed and agreed upon by both you and the lender, so you know precisely what payments will be made and when.
What is Hire Purchase?
Well, put simply hire purchase is the hire of a car from a finance company for a fixed period of time. You and the lender come to a mutual agreement about how much your initial payment will be, the monthly payments and the terms of the policy.
This lets you spread the cost of your desired car over a fixed term, and there’s no hidden costs. The higher the initial payment you make, the lower your monthly payments will be.
Once the contract ends, and assuming you have met the terms of the agreement, the vehicle is signed over and you become the legal owner.
Benefits of Peugeot Hire purchase
Peugeot Hire purchase from Car Money is a great financing option for people who are looking to buy a new Peugeot model. There are many benefits to hire purchase which make it an attractive financing option. Including:
You own the car after final payment is made, and it’s a straightforward application process. Additionally, it offers additional protection over a personal loan. Finally, the monthly payments and terms are tailored to meet your budget.
The only risk of hire purchase is that the loan is secured against the vehicle. This means that if you repeatedly miss payments on the loan, the vehicle could end up being repossessed.
Frequently Asked Questions
Which is the right finance to buy a Peugeot?
Choosing the right car finance option for your Peugeot is essential to ensure you can afford the car you want and need. When considering your options, your circumstances, such as budget, credit score, needs, and lifestyle, must be considered. The two main types of car finance are PCP and HP. With PCP, you pay a deposit and lower monthly payments, but you do not own the car at the end of the agreement. You can then return the car, pay a final balloon payment to keep it or part-exchange it for a new one. With HP, you pay a deposit and higher monthly payments, but you own the car at the end of the agreement. There are no mileage limits with HP.
Which Peugeot should I finance?
When choosing a Peugeot car to buy and finance, consider your needs and personal circumstances, such as budget, family size, fuel efficiency, performance, features, and type of car (e.g., SUV, sedan, hatchback). Once you have considered your requirements, research different Peugeot models, such as the 208, 308, 508, and 2008. Peugeot cars are known for their stylish design, fuel efficiency, and comfortable ride. They also offer a variety of models to choose from, so there is a Peugeot car to suit everyone’s needs.
Is financing a Peugeot smart?
Peugeot cars are a brilliant choice for buyers looking for stylish, reliable, and affordable vehicles. If you’re looking for the best car finance option for your needs, CarMoney is the place to go. We offer a wide range of options to suit every budget and circumstance, and we’ll work with you to find the perfect solution for you. So what are you waiting for? Start your car buying journey today with CarMoney – The car finance ninjas!
Are Peugeot reliable?
Yes, Peugeot cars are generally considered to be reliable. They have improved their reliability ratings in recent years, and several of their models are now considered to be among the most reliable on the market. For example, the Peugeot 208 and 308 were both ranked among the top 10 most reliable cars in 2023 by J.D. Power. Peugeot also offers a comprehensive warranty on all of its new vehicles, which includes a 3-year/60,000-mile warranty and a 12-year anti-perforation warranty.
We are transparent about our car refinance agreements’ terms, conditions, and costs so you can make an informed decision.
Variety of Finance Options
We offer a variety of car finance options, including hire purchase (HP), personal contract purchase (PCP), and leasing, without the need for a down payment.
We make it easy to get approved for car finance with our fast and efficient approval process.
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CarMoney Ninja Sean
“Great service, Sean Davidson was great and was always trying to help and give me the easiest experience possible. Thank you very much Sean.”
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