The most popular and common finance plan, this option allows you to pay off your car over a period ranging from 12 months or longer – depending on your personal needs. This allows you assume full ownership of the vehicle once the full amount has been paid, which also allows you the benefit of any resale value. You can also claim depreciation and the yearly interest paid against tax if you use it for business purposes. There is no minimum deposit payable, but the amount of financing you can receive is dependent on current legislation and your credit profile and the interested charged will be calculated at fixed or prime-linked rates. Why not combine your Instalment Sale Agreement with McCarthy’s Take-A-Break Payment Plan? The car only needs to be comprehensively insured for the duration of the agreement!