HP Finance

HP – Hire Purchase


Hire Purchase offers the flexibility to repay the purchase of your car or van, with terms between 2 and 5 years. You also have the flexibility to put down as little or as much deposit as you like.


When you have paid off the finance agreement, and settled the option to purchase fee, the vehicle becomes yours.


You can enjoy a one-month payment holiday before your first instalment is due, with interest calculated from the day your agreement starts.


Some of our lenders will also offer longer deferred payment options, meaning you can delay your first instalment for up to 6 months, whilst taking delivery of your new vehicle immediately.


Pros & Cons

  • No minimum or maximum deposit, giving you full control of your repayments
  • Flexible repayment terms to suit your monthly budget
  • Fixed interest rates, so you have confidence knowing your payments won’t change
  • No mileage restrictions


  • You don’t own the vehicle until you’ve made your final payment, which means the vehicle could be repossessed if you do not maintain contractual payments
  • You cannot sell or give the vehicle away until you have paid all of the repayments under the finance agreement

From our happy customers

  • If looking for another car I would recommend you visit Ross Wilkie at Drive Autos in Dundee first. The service you receive is excellent. Ross really knows his stuff and his attention to detail is exemplary. When sourcing the car we requested he went above and beyond. Nothing was too much trouble.

    Linda, Muirhead

  • Outstanding. The service was second to none and the vehicle I collected, you would have sworn it was brand new! Ross at Drive Autos is who you need to speak to for your next car. First class!

    Barrie, Perth

  • I got in touch with Ross at Drive Autos for some assistance selling my car on a recommendation. Ross handled the sale of my car professionally, kept in touch with regular updates and the price that I received was above market value. I have since gone on to purchase two cars from Ross, both immaculately prepared and I am delighted with the service, knowledge and advice in all my dealings with Ross at Drive Autos. I wouldn’t hesitate to use Drive Autos again and I would highly recommend.

    Brian Youngson

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