Rear view of a SEAT Leon plug-in hybrid charging by an industrial looking garage

Hire Purchase (HP) guide

Hire Purchase is a financing option that allows you to own your SEAT with simple, fixed monthly payments.

How does Hire Purchase work?

Hire Purchase is simple to arrange and understand, simply follow these steps:

Choose your car

Start by selecting your perfect SEAT.

Choose your deposit amount

This can be made up with your part exchange, cash or both. The minimum deposit for hire purchase can also be from £0 (unless the vehicle is being used for taxi purposes).

Contract term

Choose a term between 12 and 60 months.

At the end of the agreement

You can pay a one-off option to purchase fee of £10 and become the proud owner, or part exchange your vehicle for another SEAT.

Hire Purchase benefits

The back of a woman walking towards a red SEAT Ateca parked on the street

Ownership

Hire Purchase allows you to own your SEAT once you have covered all the repayments and the option to purchase fee of £10.

No mileage restrictions

Unlike some leasing options, there are no mileage restrictions with Hire Purchase. Drive your SEAT without the worry of additional mileage fees.

Flexible repayment period

With Hire Purchase, you get more choice with how long the agreement lasts. Choose between a period of 12-60 months.

No balloon payment

There is no balloon payment at the end of a Hire Purchase agreement. Monthly payments together with a deposit covers the entire cost of the vehicle, making budgeting more straightforward.

A red Ibiza parked in a car park next to a building

Why choose Hire Purchase?

Hire Purchase provides a simple financing option with fixed payments, no mileage limits and no final balloon payment. You can choose how long your agreement lasts to suit your budget. Then, at the end of your agreement you can pay a one-off option to purchase fee of £10 to own your SEAT, or part exchange it for another.

FAQs

Who owns the car?
With the Hire Purchase financing option, you become the owner of the vehicle when you have paid all fixed monthly instalments over the agreed contract period and a one-off option to purchase fee of £10.

How do I find out my monthly instalment for my dream car?
Talk to a Retailer today to find your perfect SEAT and they will then be able to provide you with the relevant finance calculations.

Can I trade in my current car for the deposit?
As a general rule, you can trade in your current vehicle to pay for part of the financing of your new vehicle, such as the deposit at the beginning of the contract period. Your SEAT Retailer can even assist with settling any existing finance amount on your part exchange vehicle.

What options do I have with Hire Purchase?
Enjoy the SEAT experience with fixed monthly payment and at the end of your agreement you can pay a one-off option to purchase fee of £10 to own your SEAT, or part exchange it for another.

Can I test drive the SEAT vehicle first?
Yes, of course. You can request a test drive at your nearest Retailer.