Author Topic: buying a new car (higher purchase??)  (Read 1919 times)

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Offline welshbrickie

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buying a new car (higher purchase??)
« on: February 23, 2011, 15:18:26 PM »
Hi all has anyone purchased a new car by this means or is it not possible to do so.
I was just wondering if it was easy to do so and what requirements do you need to provide?
thanks:D



Offline GordonA

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buying a new car (higher purchase??)
« Reply #1 on: February 23, 2011, 16:09:30 PM »
Don't you mean HIRE purchase?
Must say that I never saw any evidence of it in the 5 years we lived over there. Not to say that it does not exist. Iyi Sanslar.  ;)
Gordy.

Offline BM06

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buying a new car (higher purchase??)
« Reply #2 on: February 23, 2011, 16:53:34 PM »
Yes you can get credit/HP for a vehicle, BUT!! its not credit as in the UK, they freeze the amount you lend from your bank account, you still get your interest paid on the total amount, but you are lending your own money at a rate far higher than you receive.




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