A straightforward route to ownership. This is the perfect way to buy a Mercedes-Benz if you want to work your way up to full ownership, spreading the overall cost over a fixed term.
How Hire Purchase works:
Decide the amount you would like to put down as a deposit on your chosen vehicle and agree the term of your agreement. Then throughout the term of your agreement you pay the regular instalments over the agreed term until the remainder of its value is repaid.
Hire Purchase features include:
Once you have made the final payment and option to purchase fee, you will own the vehicle.
At the end of your agreement
Once your final payment is made as well as a nominal 'Option to Purchase Fee' of £10, you will own the vehicle outright.