What is HP? | Ayaan Motors
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What is Hire Purchase (HP)?

As part of our comprehensive and flexible finance packages, we offer Hire Purchase facilities on the majority of our vehicles. The primary benefit of Hire Purchase is that the payments made towards your vehicle are broken down into convenient monthly instalments, allowing you to budget in a more effective manner.

Fixed interest rates are applied to the monthly payments, so you never have to deal with any unexpected costs. We will work out a contract with you at the beginning of the process, and the financial costs will remain the same for the duration of the agreement, following an agreed-upon initial deposit. We also give you flexibility in the duration of the Hire Purchase contract - usually between one and five years. After you have made your final payment with us, the car is yours to own.