Common Profiles

Conditional Sale normally involves a fixed interest rate and fixed period of repayments, similar to a Hire Purchase contract.

The customer agrees to make regular payments to the finance company and should keep the vehicle fully insured and in roadworthy condition. 

There are no mileage restrictions for customers. However, lenders may impose certain restrictions on the use and location of the vehicle. For example, the customer may be prohibitied from taking the vehicle outside the EU.