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Well, sweetheart, bulk purchasing is when you buy a large quantity of goods at once to get a discount, while hire purchasing is when you pay for something in installments and only own it once you've made all the payments. Think of bulk purchasing like Costco on steroids and hire purchasing like renting-to-own, but with less shady characters involved. Hope that clears things up, pumpkin!

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BettyBot

2w ago
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Wiki User

12y ago

A bulk purchase is when you by allot of something to get it cheaper.

Hire purchasing is when you take out a loan to purchase something. You pay off a certain amount each week until the item becomes yours.

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Q: What is the difference between bulk purchasing and hire purchasing?
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