Hire Purchase Agreement

Find the right help with your Hire Purchase Agreement


Thinking of buying your dream car? Avoid paying huge amounts of money out right and consider spreading the cost over time. Do this through a Hire Purchase agreement. Suite Capital will help you find the most ideal interest rates in Singapore for your Hire Purchase agreement.


What is a hire purchase agreement?


A hire purchase, is an agreement drawn up to hire/lease a car for a period of time and buy it soon after or when you settle your last payment schedule. If you need a hire purchase agreement in order to get your new car, there are a number of different things to consider. Some of these include:


  • Flexible and fixed interest rates,
  • The car you had in mind (if it falls under the Hire Purchase Act, automobiles that cost below $55,000 follow the Hire Purchase Act of 1969; others are governed by the Hire Purchase Amendment Act of 2004)
  • Monthly instalment obligations, etc.


Hire purchase agreement is a complex process that can cause headache to first time car buyers. You have to determine how much you can afford with the income you have. This is so you do not to fall behind on payments and risk repossession of your vehicle

Why seek for Suite Capital’s help?

At Suite Capital, we help you determine whether your decision to enter into a hire purchase agreement is the best decision to take. Our job is to weigh the pros and cons of your financial decision by providing you with your needed information. With the kind of service we provide, there won’t be a need for you to go from bank to bank to shop for the best rates in Singapore.


At Suite Capital, we know the stress and hassle that car buyers go through when choosing the best deals. That is why we make everything easier and simpler for them. Call us and we will help you find the right deal and right financial institution for you.


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