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Finance: Hire Purchase with Balloon Payment
An attractive alternative to simple hire purchase
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Key Features |
Hire Purchase/Balloon Payment |
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- You pay a deposit but opt to pay a final balloon at the end of the agreement
- By opting for a final balloon amount, your monthly or quarterly payments are noticeably reduced
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Key Benefits |
Hire Purchase/Balloon Payment |
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- Reduced monthly payments
- Vehicle ownership
- Repayments over a fixed period
- Fixed or variable interest rates
- Flexible deposit
- Repayments in advance or arrears
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For more information and expert advice, telephone Pam Tait, Marlborough West London's Business Manager on 08448 152486
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Authorised and regulated by the Financial Services Authority for the purpose of insurance mediation activity. |
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