Hire Purchase: FREEDOM

Freedom lets you take an annual payment holiday of one or two months on a hire purchase agreement. It helps ease your monthly financial commitments, giving your cash flow the chance to recover – ideal if you specialise in seasonal work or experience temporary business difficulties. Terms and conditions apply*.


* Please note that we are no longer able to offer this product to natural persons (including sole traders and partnerships) in Ireland.

Key features

You own the vehicle                               Fixed payments     Accurate budgeting    
A flexible deposit and repayment programme Shows the vehicle as an asset on your balance sheet Tax-writing down allowances available  
VAT fully reclaimable  Interest charges allowable against tax  Balloon payments available 
Help ease your monthly financial commitments Ideal if you specialise in seasonal work or experience temporary business difficulties Take one payment holiday a year of one or two consecutive months. Up to ten months’ payment holiday over a five-year hire purchase agreement. 

FREEDOM explained

Contact us

Get in touch if you have any questions about our products and services, or to request a quote.


Answers to frequently asked questions about your finance agreement, updating details and more.


Download your copy of the Hire Purchase Freedom product guide that explains the key features of the product. 

*Terms and conditions apply. Finance is only available for business use where the amount borrowed exceeds €25,000. All applicants must be based in the Republic of Ireland. The granting of credit is subject to status and must meet certain credit criteria.

The maximum funding period for Scania Freedom is 60 months. Payments must be up to date at the time you give us notice for a payment holiday. Payment holidays are not allowed for the first six months of the agreement. Measured by the anniversary of contract inception date, three regular payments must be made between each group of holiday payments and a maximum of one payment holiday (equating to one or two consecutive months) is permitted per annum. A €295 flat fee is required at the start of the agreement in addition to the standard arrangement fee. Each payment holiday taken will incur an administration fee of €295, plus VAT.

Please note that Scania Finance 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. Existing customers that are affected by this change will receive information from us.  If you think you might be affected, please contact us or get in touch with your local representative.