Peugeot Hire Purchase Calculator
Calculate your Peugeot Hire Purchase monthly payments for 208, 308, 3008, 5008. Get instant quotes with our free Peugeot HP finance calculator.
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Peugeot Hire Purchase Calculator
Your Peugeot Hire Purchase Results
Amount to be financed
£21,250.00
Monthly payment
£507.87
Term
48 months
Total Amount Paid
£28,127.87
Total interest
£3,127.87
You own the car after
48 months
About Peugeot Hire Purchase
Peugeot Hire Purchase is a straightforward way to finance your Peugeot.You pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the car.
Peugeot Financial Services offers competitive HP rates, typically ranging from 4.9% to 9.9% APR. Unlike PCP, there's no final balloon payment - you make equal monthly payments throughout the term.
Peugeot HP is ideal if you want to own your Peugeot outright and prefer predictable monthly payments. You can also settle the agreement early to save on interest charges.
Peugeot Hire Purchase FAQs
What is Peugeot Hire Purchase?
Peugeot Hire Purchase (HP) is a straightforward financing option where you pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the Peugeot.
How does Peugeot HP differ from PCP?
Unlike Peugeot PCP, Hire Purchase has no final balloon payment. You make equal monthly payments throughout the term and automatically own the car at the end. HP typically has higher monthly payments but lower total cost.
What Peugeot models are available on HP?
All Peugeot models are available on Hire Purchase including the 208, 308, 3008, 5008. Peugeot also offers HP on their vehicles with competitive rates and flexible terms.
What is the typical APR for Peugeot HP?
Peugeot HP APR rates typically range from 4.9% to 9.9% depending on the model and your credit profile. Peugeot often offers promotional rates on selected models, sometimes as low as 0% APR.
How much deposit do I need for Peugeot HP?
Peugeot HP typically requires a minimum deposit of 10-20% of the car's value. For a £25,000 Peugeot, you'd typically need a £3,750-£5,000 deposit. You can put down more to reduce monthly payments.
Can I get Peugeot HP with bad credit?
Peugeot Financial Services offers HP to customers with various credit profiles. Those with excellent credit will get the best rates, but Peugeot will work with you to find suitable terms based on your circumstances.
Can I pay off Peugeot HP early?
Yes, you can settle your Peugeot HP agreement early. You'll receive a settlement figure that includes any outstanding balance minus interest charges. Early settlement can save you money on interest.
What happens if I miss Peugeot HP payments?
Missing Peugeot HP payments can result in late fees and may affect your credit rating. Peugeot Financial Services will contact you to discuss payment options. In severe cases, they may repossess the vehicle.
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