Financing Your New Vehicle
Here at Rix Motor Company in Warrington, Cheshire we have a few different vehicle finance options that work with your budget so you can get your new car with the minimum of hassle. Our team works with industry leading vehicle finance houses to get the best package to suit your pocket. Apply online NOW and get the fastest possible feedback.
Hire Purchase (HP)
Hire Purchase (HP) is the traditional way to finance a used car. HP is very similar to borrowing a sum of money from a bank and paying it back over a fixed period of time, with interest.
Hire purchase is a type of secured loan which are often preferred over unsecured loans because they allow a greater borrowing limit. The term "secured loan" means, a loan that the lender can secure against an asset, in this case, one of our used cars in Warrington, Cheshire.