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
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
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
