Hire Purchase.

smart - hire purchase

A straightforward route to ownership. This is the perfect way to buy a smart if you want to work your way up to full ownership, spreading the overall cost over a fixed term.

How Hire Purchase works

Decide the amount you would like to put down as a deposit on your chosen car and confirm the term of your agreement. Throughout the agreement you pay the regular instalments over the agreed term until the remainder of its value is repaid.


Features include:

  • You can own the vehicle.
  • Fixed regular payments means you can easily budget.
  • A flexible deposit and repayment term means you can tailor the financial agreement to suit you.
  • Monthly payments are not based on annual mileage.*
  • The vehicle is an asset on the balance sheet, therefore tax allowances may be deducted from taxable profits.

*If at any point you wish to voluntarily terminate your agreement, the vehicle will be subject to our Vehicle Return Standards and a maximum of 20,000 miles. 


At the end of your agreement

You will own the vehicle outright, once your final payment is made as well as the Option to Purchase fee.