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 – without incurring any penalty charges. You can repay your finance quicker and reduce your overall interest costs. Terms and conditions apply*.
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 |
| Extra payments to help speed up your finance repayment process | Reduces your cost of finance overall |
FLEXI-BUY explained
Contact us
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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.
Our finance products
*Finance is only available for business use where the amount of credit/amount payable exceeds £25,000. All applicants must be based in the United Kingdom. The granting of credit is subject to status and must meet certain credit criteria. Terms and conditions apply.
Scania 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 (“additional” 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 £295 flat fee is required at the start of the agreement in addition to the standard arrangement fee. A £50 plus VAT administration fee, per vehicle, is incurred for any additional payments made each year.