Existing Customers 2019-07-25T11:42:44+01:00

Hire Purchase and PCP Options on New and Used Cars and LCVs

Hire Purchase and PCP Options on New and Used Cars and LCVs

Existing Customers

If you have an existing Hire Purchase agreement with us and would like to apply for a new load please apply here, application from existing customers will be review as a priority

Submit Online Proposal

We offer Hire Purchase on new and used cars, and used light commercial vehicles and PCP on new and nearly new cars.

Hire Purchase Terms for cars and LCVs

YEAR OF CAR LOAN TERM
2008 36 Months
2009-2010 48 Months
2011 – New 60 Months
YEAR OF VAN LOAN TERM
2015 36 Months
2016 48 Months
2017 60 Months

What is PCP?

A typical PCP means:

  • 20% deposit
  • Pay a pre-agreed monthly repayment for three years
  • Agreed minimum future value at the end of the term

After three years you have three options:

  • Use the equity (agreed minimum amount) towards a brand new car on another PCP
  • Buy it for the minimum amount agreed at the outset
  • Hand back the car and walk away

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First Auto Finance Ireland Ltd is the exclusive intermediary for Close Brothers Motor Finance in the Republic of Ireland.
First Auto Finance Ireland Ltd is a subsidiary of Finance Ireland Limited. See About Us or visit www.financeireland.ie

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