The Car Finance product available from Post Insurance is a hire purchase agreement which is arranged and administered by First Citizen Finance DAC, who purchase the car on your behalf from an approved SIMI/ franchised motor dealer - once you have put down an agreed deposit (your deposit could come from cash, a trade-in or a combination of both). You then pay monthly payments over an agreed term of between 1 and 5 years. The car then becomes your property when you make your final payment. Final payment is made inclusive of a €1 completion fee. It really is that simple! You will not own the car though, until the final payment is made.