HP offers a simple path to car ownership with fixed monthly payments over 3 to 5 years. Once all payments — including any fees — are made, the car is yours.
While an initial deposit is usually required, some deals offer a zero deposit option. HP is perfect if you want to own the car outright and prefer predictable payments.
If you like switching cars often, HP may not be ideal, as you must settle the agreement first — either by paying off the balance or part exchanging the car.