Existing Customers 2018-06-28T15:11:53+00:00

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 already have a Hire Purchase agreement with us and would like to apply for a new loan please apply here:

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

Hire Purchase Terms for cars and LCVs

YEAR OF CAR LOAN TERM
2003-2007 36 Months
2008 48 Months
2009-2014 60 Months
YEAR OF VAN LOAN TERM
2011 36 Months
2012 48 Months
2013 – NEW 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

Enquiry Form

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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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