What is Fiat Hire Purchase?
Fiat Hire Purchase (HP) in the UK is a popular finance option for buying a new or used Fiat car, including the Fiat 500. Hire Purchase allows you to spread the value of the car over an agreed period by paying fixed monthly payments, with an initial deposit paid in advance. You become the owner of the Fiat after paying all the dues.
As an alternative, you can also take out a personal loan. Your possible expenses:
Personal loan calculations for 1 year (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 5,000 | 7.40% | 200 |
| 5,000 | 8.40% | 228 |
| 5,000 | 9.40% | 255 |
| 10,000 | 9.50% | 515 |
| 10,000 | 10.50% | 569 |
| 10,000 | 11.50% | 623 |
| 20,000 | 11.60% | 1,257 |
| 20,000 | 12.60% | 1,365 |
| 20,000 | 13.60% | 1,473 |
| 25,000 | 13.70% | 1,855 |
| 25,000 | 14.70% | 1,991 |
| 25,000 | 15.70% | 2,126 |
What are advantages of Fiat Hire Purchase?
- Simple ownership. There is no big final payment compared to PCP. The car automatically becomes yours after making the last payment
- Fixed monthly payments during the entire term of the loan, this makes budget planning easier
- Flexible conditions. Fiat Hire Purchase allows you to independently choose the duration of the personal contract and the amount of the deposit, depending on your financial capabilities
- No mileage restrictions. If you drive a lot, don't worry about mileage limits. Hire Purchase contracts have no mileage restrictions
- You can repay the loan ahead of time if you wish, but some companies may charge commissions for this
You can see the similar FAQ at the link:
- HSBC loan repayment reward offer
- HSBC: how to apply for a loan
- How to claim PPI from HSBC?
- MandS Bank loan calculator
- Where do I fins calculators of Clydesdale Bank?
- Wire transfer in HSBC: how to make?
Details of companies offering the financial services:
Arnold Clark
Head office’s address: 454 Hillington Rd, Glasgow G52 4FH
Contact center: 01-416-481-088
Phone: +44-141-648-1200
Web-site: https://www.arnoldclark.com/
Carwow
Head office’s address: 2, 10 Bressenden Pl, London SW1E 5DH
Contact center: +44-20-4586-4000
Web-site: www.carwow.co.uk
Cazoo
Head office’s address: London, 41 Chalton Street, United Kingdom
Contact center: +44 20-3901-3488
Web-site: https://www.cazoo.co.uk/
gateway2lease
Head office’s address: Marshall Management Services Ltd Carleton House, 266-268 Stratford Road, Solihull, West Midlands B90 3AD
Contact center: 01299-407-360
Web-site: https://www.gateway2lease.com/
Hippo Leasing
Head office’s address: Trident Park, Trident Way, Blackburn BB1 3NU
Contact center: 01254-956666
Web-site: https://www.hippoleasing.co.uk/
LeaseCar (Central Contracts )
Head office’s address: Central House, Trentham Business Quarter, Bellringer Road, Stoke on Trent, Staffordshire
Contact center: 0344-745-1818
Web-site: https://leasecar.uk/
Leasing.com
Head office’s address: London
Web-site: https://leasing.com/
Leasing Options
Head office’s address: OPTIONS HOUSE, Atkin St, Walkden, Worsley, Manchester M28 3DG
Contact center: 0161 516 2430
Phone: +44 161-703-8744
Web-site: https://www.leasingoptions.co.uk/
Nationwide Vehicle Contracts
Head office’s address: London
Contact center: 0345-811-9595
Web-site: https://www.nationwidevehiclecontracts.co.uk/
Select Car Leasing
Head office’s address: Pacific House, Imperial Way, Reading RG2 0TD
Contact center: 0118-920-5130
Web-site: https://www.selectcarleasing.co.uk/
Synergy
Head office’s address: 2A Hornbeam Park Oval, Hornbeam Park, Harrogate, North Yorkshire
Contact center: 0330-127-4711
Web-site: https://www.synergycarleasing.co.uk/
What Car?
Head office’s address: London
Web-site: https://www.whatcar.com/