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Hire Purchase

The Smarter Way to Get a Great Deal on Hire Purchase!

Looking for hire purchase options?

We can help!

We can help you with your hire purchase needs.

Enter your details below and one of our car experts will be in touch.

What is hire purchase?

Hire purchase or CHP is commonly used by businesses in order to acquire a car or expensive equipment. CHPs may be preferred over a lease, as ownership of the car or equipment is automatically transferred to the buyer at the end of the term.

A down payment or equity is usually required, however, there are cases wherein the car or equipment is financed 100%. This depends on the situation and the lender. Talk with one of our car brokers to have your situation assessed.

Benefits:

  • As low as 10% equity (100% financing option may also available)
  • 1 – 5 year payment terms
  • Tax and GST benefits
  • Available on commercial equipment / new or used car purchases

Why choose eCarz?

  • Interest rates as low as 4.79%*
  • Customised finance solution that best suits your needs
  • A panel of over 45 lenders
  • Quick approval (Some within 10 seconds!)
  • High approval rating – We are the finance experts
  • Obligation-free quotes
  • Satisfaction guaranteed – check out our testimonials

* based on a commercial contract for a new vehicle with specific criteria.

Click here for other car finance options.

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