*Please check with your local retailer for conditions. Subject to credit approval.
CUPRA HIRE PURCHASE BENEFITS
Enjoy the CUPRA experience with fixed instalments and become the owner at the
end of the term - a straightforward way to experience CUPRA excellence. Here's what you can expect.
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 your repayment term and once completed, the car is fully yours. It’s a super easy way to own a CUPRA.
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FAQs
Who owns the car in financing?
With the Hire Purchase financing option, you become the rightful owner of the vehicle when you have paid all the fixed monthly instalments over the agreed contract period.
How do I find out my monthly instalment for my dream car?
We suggest first visiting our CUPRA website and configuring your ideal car online. Usually, you will be provided with an estimated monthly repayment amount. If not, we then suggest contacting your local retailer with the details of your ideal CUPRA and they will gladly calculate the monthly installment for you, based on your exact requirements.
What is balloon finance?
Balloon finance is when the finance agreement defers some of the car’s price until the end of the contract. This can bring down the monthly cost compared to other types of finance. Auto Credit is an example of balloon finance. It increases affordability for the customer and provides a purchase option at the end of the contract to own the car outright.
Can I trade in my current car for the deposit?
As a general rule, you can trade in your current vehicle and use the profit to pay part of the financing for your new vehicle, such as the down payment at the beginning of the contract period. Depending on your down payment amount, you can lower the monthly payments.
Ask your local CUPRA retailer about this option.
Can I configure my dream car however I want?
You can choose freely from the entire range of configurable options and models from CUPRA, creating your own personalised dream car.
What happens if I have an accident with my financed CUPRA?
Upon accident resulting in a total loss or theft, the optional CUPRA purchase price protection protects you, regardless of whether it is caused by a third-party or self-inflicted. The purchase price protection reimburses you for the difference between the original purchase price and the replacement value of the vehicle. If you have fully comprehensive insurance as part of the contract, the purchase price protection also covers the excess. Therefore, the purchase price protection provides you with peace of mind in the event of such a situation.
However please check with your local CUPRA retailer for a personalised insurance offer.
What options do I have with HIRE PURCHASE?
Hire Purchase is a financing option that allows you to own your CUPRA with simple, fixed monthly payments. Enjoy the CUPRA experience with fixed instalments and become the owner at the end of the term.