MOTORHOME
HIRE PURCHASE

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Black Horse Hire Purchase could help you buy your dream motorhome while spreading the cost. Agree an initial deposit, the agreement term and monthly repayment amount with the dealer, who will submit the finance application to us. Subject to your application being approved, you can just drive it away – and after you’ve made all the repayments including the interest, the motorhome is all yours.

HOW IT WORKS

Borrow any amount from £1,000 and set repayments to suit your budget for periods of 1–10 years
Maximum age for motorhomes is not over 20 years old at the end of the agreement;
maximum age for holiday homes is not over 17 years at the end of the agreement
Flexible Deposit Options – 0% deposit may be available subject to status


WHAT YOU WILL PAY

WHAT YOU NEED TO KNOW

Ideal if
You want to own your motorhome outright at the end of your agreement
You like to budget and know the exact repayment amount each month

Budget with confidence
Fixed regular repayments, giving you peace of mind and no final lump sum repayment
Protection under the Consumer Credit Act Termination Rights and Protection under the Consumer Rights Act

Things to consider
Your motorhome is at risk of repossession if you do not maintain contractual repayments
You do not own the motorhome until all the repayments have been made
You must have fully comprehensive insurance
You have no protection against depreciation as a result of an unexpected fall in the value of the motorhome
• Before you decide to apply for finance for a vehicle, we would encourage you to make enquiries of the dealer to ensure you fully understand the history of the vehicle so that you can make a fully informed decision as to whether the vehicle is suitable for you
• Your caravan, motorhome or holiday home should be used for leisure purposes only and cannot be used as your main dwelling. In the case of holiday homes, the holiday park it is sited on may periodically request proof of your permanent residence


Hire Purchase

Watch the product video or download our Caravan, Motorhome and Holiday Home product eBook for more information.

Compare Our Finance Products

View the Black Horse Product Comparison page to help you decide which product is right for you.

Compare Our Finance Products