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Hire Purchase

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A Commercial Hire Purchase is also referred to as a Hire Purchase, CHP, HP, Term Purchase, Asset Purchase, Corporate Hire Purchase.

This product is suitable for those customers who prefer the benefits of a term purchase contract, with or without a balloon payment and want to own the asset at the end of the term.

Both new and used vehicles can be financed with an Advance Car Loans Term Purchase.

Advance Car Loan's Term Purchase is suitable for those customers who will use their vehicle predominantly for business purposes. Customers should be able to demonstrate that the vehicle will be used for business purposes more than 50% of the time.

,p>With an Advance Car Loans Term Purchase, you can elect to place a deposit into your contract. This provides you with the flexibility to utilise the equity in your trade-in and structure your contract to suit your specific requirements.

Give us a call at Advance Car Loans on 1300 798 873 for a free CHP quote today!

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1300 554 553

Did you know?

You could save up to 46.5% by salary packaging your next car purchase with a Novated Lease package from Advance Car Loans.

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