Skip to main content

Vauxhall Hire Purchase (HP)

Vauxhall Hire Purchase (HP) is the traditional method of financing the purchase of a motor vehicle because unlike a PCP agreement there is no final payment to make, so once all your monthly instalments are paid, the full cost of the purchase will be covered. HP is not be as flexible as a Personal Contract Purchase, but the main difference is that it does guarantee immediate ownership at the end of the finance agreement.

Learn More

Vauxhall Hire Purchase Agreement

A Hire Purchase agreement spreads the purchase cost over an agreed term after you pay an initial deposit, and after you’ve made all the monthly payments the vehicle is yours!

This type of finance option is ideal if you want to own the vehicle outright at the end of the loan agreement and want to have a fixed monthly payment, as your repayments will be fixed for the duration of your agreement. You are able to select the term of the HP agreement, usually from 1 to 5 years and it can be used for the purchase of a new or used vehicle. There is also the option of paying off the full agreement early in order to get a rebate on future interest charges.

Points to Note: You do have protection under the Consumer Credit Act Termination Rights and the Consumer Rights Act, but you have no protection against depreciation as a result of an unexpected fall in the value of the vehicle. Furthermore, your vehicle is at risk of repossession if you do not make the contractual repayments.

Other terms & conditions will also apply.

Our Vauxhall cars available on finance deals

We think you might like

Trade Up - Additional £1,000 saving

New Car Offers

Special offers on an abundance of new Vauxhall cars.

View Offers
Your local Vauxhall dealership

Your local dealership

We have 14 locations covering the country.

Your nearest dealership

Nearly new car offers

Take a look at our nearly new car range.

View offers

Drive Motor Retail Limited is an Appointed Representative of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Drive Motor Retail Limited to act as a credit broker, not as a lender, for the introduction to a limited number of lenders and to act as an agent on behalf of the insurer for insurance distribution activities only.

We can introduce you to a selected panel of lenders, which includes Vauxhall Finance. An introduction to a lender does not amount to independent financial advice and we act as their agent for this introduction. Our approach is to introduce you first to Vauxhall Finance, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to be make the next best offer of finance for you. Our aim is to secure the best deal you are eligible for from our panel of lenders. Lenders may pay a fixed commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow. Different lenders may pay different commissions for such introductions, and Vauxhall Finance also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over. Guarantees may be required.