Hire Purchase (HP)
Straight Forward Finance with Full Ownership

Looking for a simple, no-nonsense route to owning your next Mazda, Subaru, or Isuzu? Hire Purchase (HP) might be the perfect fit. With fixed monthly payments and no final balloon payment, it’s a clear path to full ownership at the end of your agreement.

What is Hire Purchase?

Hire Purchase allows you to spread the cost of a new or used vehicle over a fixed term. You’ll pay an initial deposit, followed by equal monthly instalments that cover the full value of the car, plus interest.

Unlike PCP, there’s no large final payment – once the final monthly payment (and small Option to Purchase fee) is made, the car is yours to keep.

How Does HP Work?

1. Choose your Mazda, Subaru, or Isuzu vehicle.
2. Pay an upfront deposit.
3. Make fixed monthly payments over an agreed term (typically 1–5 years).
4. After the final payment (including a small transfer fee), you own the car outright.

The Benefits of HP?

• Full ownership at the end – ideal if you plan to keep the car long term.
• No mileage limits – great for higher-mileage drivers or unpredictable routines.
• Simple, easy-to-understand finance – no surprises at the end.
• Fixed monthly payments – easy to budget and plan ahead.

Things to Consider
• Monthly payments are usually higher than PCP, as you're repaying the full cost of the car
• You won’t own the car until the final payment has been made
• The car must be insured, maintained, and kept in good condition throughout the term
• If you want to change or sell the car early, you'll need to settle the finance first.

Can I End an HP Agreement Early?
Yes – you can settle your Hire Purchase agreement early. This is done by requesting a settlement figure from the finance provider. If the car’s value is more than the remaining balance, you may be able to use that equity towards your next vehicle.

At Green 4 Motor Company, we’re here to make the process of financing your Mazda, Subaru or Isuzu as simple and transparent as possible. Whether you’re buying new or approved used, we’ll tailor a Hire Purchase plan to suit your budget.

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