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Hire Purchase

Fixed term business vehicle hire.
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Fleetcare’s Hire Purchase agreement offers you the flexibility of knowing exactly what the monthly repayment will be, while delivering ownership of the vehicle at the end of the agreed term, or earlier if desired.
Fleetcare, who is the lender, gives you immediate use of the vehicle of your choice in exchange for regular payments over an agreed period of time. Upon making the final payment, you become the outright owner of the vehicle.

Why choose a Hire Purchase agreement?

No upfront deposit
With no upfront deposit required, you have immediate use of the vehicle and you may be able to claim input tax credits for the GST payable on interest and fees.
Flexible contract terms
Contract terms can range anywhere between 1 to 5 years. You can structure your monthly repayments and balloon payment to meet business needs and improve cashflow.
Peace of mind
With a simple fixed monthly payment, you’re protected from interest rate changes, allowing for more accurate budget forecasting.
Buying power
Take advantage of Fleetcare’s buying power and access fleet discounts on vehicles, accessories and fit out. All costs will be bundled into the hire purchase agreement, and we’ll even arrange fit out requirements prior to delivery of the vehicle.
Expert fleet consultants
Our expert fleet consultants will offer the best advice and business solutions to assist in meeting your financial goals. No matter the size of your business, our team can tailor a package to suit your needs.
Vehicle protection options

Car care is essential in helping to safeguard your car against the inevitable bird droppings, dirt and mud, coffee spills and everything in between!

Fleetcare offers premium protection packages that help withstand whatever the environment throws at you, keeping you and your car safe and looking like new.

Check out our full range of protection products here.

Tailor your repayments

infographic of hire purchase balloon payment

Think a Hire Purchase is right for you?

Disclaimer: This advice is general in nature and based on present taxation laws and may be subject to change. We recommend you seek your own independent financial advice.