Unlike traditional long-term leasing, the hire purchase option (or HP) is a form of leasing that allows you to own the vehicle you are renting.

Depending on availability at our partners and resellers in the PEUGEOT network, you will be able to choose, and even configure, your vehicle from among all of our ranges: city cars, saloons, estate cars, SUVs or vans...

As a tailor-made financing solution, HP offers many advantages:

• Attractive repayments adapted to how you will use the vehicle.

• A financing solution with or without upfront payment.

• The possibility of buying the vehicle after the 12th payment thanks to intermediate purchase options.

• The possibility of becoming the owner of the vehicle at the end of the contract by settling the option to purchase payment.

When you choose to lease a car with an option to purchase, there is no obligation to make an initial contribution at the time you receive your new vehicle.

The repayments are determined in advance, in your rental contract. It is up to you to choose whether you want to make an initial higher payment or whether it will be the same as subsequent repayments.

Similarly, the HP contract provides for the surrender value of the vehicle at the end of the contract. Also, you immediately become the owner of the vehicle once the last payment has been made.

In your hire purchase option, you have the possibility to add different services to cover all your needs. You then pay only one monthly instalment.

Among the services associated with HP, you can opt for: supplementary insurance, extended new vehicle warranty, as well as various vehicle servicing and maintenance services.

Also, PEUGEOT is there to help you even after the purchase of the vehicle and offers a wide range of aftersales services that can be found in the PEUGEOT Service Plans section.