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HIRE PURCHASE FOR COACHES L'OLLOWING the removal of restrictions on

27th August 1954, Page 37
27th August 1954
Page 37
Page 37, 27th August 1954 — HIRE PURCHASE FOR COACHES L'OLLOWING the removal of restrictions on
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Which of the following most accurately describes the problem?

hire purchase, Road Transport Finance, Ltd„ the finance company of the Passenger Vehicle Operators' Association, are to consider proposals from members contemplating buying new or used coaches.

A minimum initial payment of 25 per cent, of the total cost, with a maximum repayment period of 36 months, will apply in the case of new vehicles, and a third deposit, with 24 months to repay the balance, for used coaches. Seasonal payments can be arranged.