Hire Purchase
Simple finance solution giving you the benefits of ownership without the capital outlay.
Hire Purchase: Flexi-Buy
Flexi-Buy has all the traditional benefits of hire purchase, with the added flexibility of an optional annual payment of up to 20% of your remaining balance 鈥 without incurring any penalty charges. You can repay your finance quicker and reduce your overall interest costs. Terms and conditions apply*.
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* Please note that we are no longer able to offer this product to natural persons (including sole traders and partnerships) in Ireland.
Key features
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| You own the vehicle听 听 听 听 听 听 听 听 听 听 听 听 听 听 听听 | Fixed payments听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 | Accurate budgeting听 听 听 听 听 听 听 听 听 听 听 听 听 听听 |
| A flexible deposit and repayment programme | Shows the vehicle as an asset on your balance sheet | Tax-writing down allowances available听 听 听 听 听 听 听 听 听 |
| VAT fully reclaimable听 听 听 听听 | Interest charges allowable against tax听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 | Balloon payments available听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 |
| Extra payments to help speed up your finance repayment process | Reduces your cost of finance overall | 听 |
FLEXI-BUY explained
Contact us
Get in touch if you have any questions about our products and services, or to request a quote.
FAQS
Answers to frequently asked questions about your finance agreement, updating details and more.
PRODUCT GUIDE
Download your copy of the Hire Purchase Flexi-Buy product guide that explains the key features of the product.听
Our finance products
*Terms and conditions apply. Finance is only available for business use where the amount borrowed exceeds 鈧25,000. All applicants must be based in the Republic of Ireland. The granting of credit听is subject to status and must meet certain credit criteria.
黑料不打烊 Flexi-buy: Payment instalments must be up to date at the time you give notice for a Flexi-buy payment. A maximum of one Flexi-buy (鈥渁dditional鈥 Hire Purchase) payment in each year of your agreement with us is permitted, up to the value of 20% of the remaining balance. Flexi-buy payments are not allowed for the first six months of the agreement. A 鈧295 flat fee is required at the start of the agreement in addition to the standard arrangement fee. A 鈧50 plus VAT administration fee, per vehicle, is incurred for any additional payments made each year.
Please note that TRATON Financial Services Ireland Limited no longer provides the following products to natural persons (including sole traders and partnerships) in Ireland: Hire Purchase, Finance Lease, Operating Lease, Flexi-Buy and Freedom.听Existing customers that are affected by this change will receive information from us. 听If you think you might be affected, please contact us听or get in touch with your local representative.