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Getting a hire purchase financing from a banking institution is a common way of purchasing a motor vehicle. However, it's best that you know which banking institution to choose from as different banking institutions offer different rates for everyone. There are also some factors to consider before signing up the facility with the banking institution but most importantly, make a comparison of different banking institutions in terms of their rates and services.

First, decide what type of vehicle and interest rate you want:
1) I want financing for a:
  New passenger vehicle
  Used passenger vehicle
  Reconditioned passenger vehicle
  Used reconditioned passenger vehicle
  New motorcycle
2) Based on this type of financing:
  Fixed rate term financing
  Variable rate term financing
3) Bank:
  Press CTRL key and left mouse button to multi-select or deselect.