How does motor finance work | Hippo Motor Finance
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How does motor finance work

Car finance works by you purchasing a car over a set period of time instead of purchasing it outright with cash.

This works by you choosing whether to place a deposit or not, followed by a series of monthly payments for the duration of the agreement. After that, depending upon your preferred finance option, you can either drive away as the owner of the vehicle without paying anything extra(HP), or you pay a final balloon payment to take ownership(PCP).