Consumer Hire Purchase, also known as Car Finance, is a credit agreement allowing you to purchase your vehicle through payment of regular fixed instalments.
1. Term dependent on the age of the asset and whether asset is used or new.
To find out more about applying for Consumer Car Finance, the dealerships we work with, or if you would like a quote, please call our team on 0818 210 263. Lines open Monday to Friday 9am to 5pm (excluding public holidays).
You may end your Agreement by giving notice to PTSB Asset Finance.
You can then either:
Purchase the car at the amount calculated within the Termination section of your finance Agreement; or
Paying any instalments that are in arrears at the time of your notice and a settlement figure. The amount of the settlement figure will depend on how much you have already paid in instalments. How this is calculated is detailed within the Termination section of the Agreement.
Warning: You may have to pay charges if you pay off a hire-purchase agreement early.
Warning: If you do not meet the repayments on your hire purchase agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire purchase agreement, a consumer hire agreement or a BNPL agreement in the future.