Hire Purchase

Advantages

  • Fixed monthly cost.
  • Full ownership of the vehicle once all payments are made.
  • Flexible contract period options.
  • Ability to have a large final payment to keep monthly payments lower.
  • Low initial payment options

Disadvantages

  • You are fully responsible for the resale of the vehicle and any potential risk on the residual.
  • No ability to return the vehicle.

Hire Purchase is perfect for those who want to own the vehicle, the vehicle title will be transferred into your name upon completion of all contractual payments. You will be responsible for the depreciation and disposal of the vehicle. 

By paying an initial payment, you have the ability to repay the balance over a number of affordable monthly payments. Once payments are completed a larger final payment can be made.   

This product is often used by businesses who plan to keep the vehicle for a prolonged period or are looking to have converted.

The lender purchases the vehicle and grants you permission to use it while making payments, after which you will fully own the vehicle.

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Vanaways Reviews

   
Charlie B

Charlie B

28 May 2025

"I recently bought a new Ranger Platinum from Vanaways. I dealt with Chris Baxter who helped make the whole process really straight forward and kept me up to date. I would highly recommend and look forward to further business! Many thanks"

Kimberley Harkins

Kimberley Harkins

30 June 2025

"Very happy with our Vanaways transaction! We needed three new vans quickly for our company and Vanaways didn't disappoint. Hannah and Abbie were on hand every step of the way and provided extremely good prices which suited our business. Customer service is a priority for them and it shows with every phone call and email! When I need a few more, they will be my first port of call. Thankyou guys!"

Phil Hunt

Phil Hunt

28 August 2025

"From initial van shopping, confirming the sale, to customer aftercare; Rob and Reece have been extremely helpful and always responsive to emails and phonecalls. Highly recommend using Vanaways, and we'll be back when we're ready to extend the fleet!"

Ross Adams

Ross Adams

21 August 2025

"These guys are brilliant, in particular Steve-Who Is a massive top geezer, they were helpful from start to finish. Informative, clear, very friendly, and clearly really knowledgeable. They spoke through the process perfectly, I would recommend these guys to anyone!"

David Kenning

David Kenning

16 June 2025

"Great service right from the first contact with Reece, who then passed me onto Ash once initial sale was completed. From making payment delivery was approximately 3 days. Received text from Nathan this morning (16th June) and he was on time with delivery. Really pleased with the service I've received. Many thanks!"

4.8 out of 5 from 468 reviews
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