Our products

Hire Purchase + Balloon
Car Finance

Finance with a balloon payment can add flexibility with high-value purchases

How much for your dream drive?
Tailored deposit & repayment plan
Quick and easy to arrange
Low monthly payments
Final ownership options
Made for you

Hire Purchase Finance + Balloon

Similar to standard Hire Purchase, you will be paying for your vehicle in regular monthly instalments rather than one lump sum, additionally you can often help reduce payments further with a deal including a balloon payment which is deferred until the end of the terms.

  • Set monthly payments over the term
  • Own the vehicle upon final payment
More info

Is hire purchase with a balloon payment right for you?

A popular choice when purchasing vehicles with strong residual values such as classics, supercars and prestige vehicles.

Finance that includes a balloon payment can provide additional flexibility with high-value purchases. At the end of the terms, you can settle the balloon with a lump-sum payment, or you could consider refinancing the amount with a new deal. Upon paying your final monthly payment and settlement of the balloon, you will then become the vehicle owner.

Keep in mind that whilst Hire Purchase with a balloon, can help reduce monthly costs, they can lead to you paying more for the vehicle over the duration of the deal. Call Harrington  today and see how of dedicated team can help you find the right deal to fund your next dream car.

How does it work?

We make finance easy


A dedicated account manager will discuss your needs and collect documentation


We find the right deals, complete applications on your behalf and get you a no obligation quote


If accepted we pay the dealer – you pick up your new car!

More info

Hire Purchase + Balloon Finance FAQS

How much deposit will I need? expand

Usually you will need to put down a small deposit (around 10%) however, in some cases you can arrange Hire Purchase with 0% deposit. Keep in mind a low deposit can in-turn drive up monthly costs and the size of your balloon payment.

Can I refinance a balloon payment? expand

At the end of your deal Harrington Finance can arrange to refinance your balloon payment. This allows you to spread the cost over a duration of your choice allowing you to avoid a one-off payment.

What happens at the end of an agreement? expand

At the end of your Hire Purchase + Balloon deal, you will own the vehicle upon payment of the deferred balloon payment.

How long will I have to wait for finance approval? expand

At Harrington Finance we take pride in delivering a fast and efficient service. In some cases we can give approval for finance in hours.

Customer Review

Approached these guys thinking that I was going up be treated like any another customer. To my surprise, my case was handled from beginning to end by a team of dedicated enthusiasts, who demonstrated great knowledge of the products, tailored to my specific needs, in addition to a relentless ability to support as needed.

Customer Review

Ticked all the boxes.

Very easy to deal with, managed to beat my current finance rates to combine everything into one place. Happy Customer.

Customer Review

Excellent company to deal with, quick on answering phones and responding to e-mails, all considered first class business. Having dealt with Harrington Finance recently to purchase a Porsche 911. I was delighted with service in terms of their efficiency, understanding and explanation of relevant products and their overall speed and clarity throughout the process.



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