Car finance glossary | H

Hire Purchase

Hire Purchase is the name for one of the most common types of car finance agreements where you own the car at the end of the term. The entire cost of the finance including the total interest is spread across the entire agreement.
Hire Purchase Explained >

HPI Check

A HPI check is a type of vehicle check used to ensure that the car you are purchasing is completely genuine and does not have any problems that could affect you after the sale has been completed.
HPI Check Explained >

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