13. The durable good is recorded as if bought by the purchaser the day he takes possession of it at the price the purchaser would have paid in a cash transaction. The purchaser receives an imputed loan (F.4/AF.4) of equivalent value. The ESA splits the payments from purchaser to financier into repayments of principal (F.4) and interest payments (D.41), using the same method as the one applied for financial leasing.

The productive activity carried out by financiers of hire purchase contracts is financial intermediation. As they do not usually charge explicitly for their services, their entire output is financial intermediation services indirectly measured (FISIM), calculated as property income receivable less interest payable, excluding any property income receivable from own funds. As the case of financial leasing, the amount of interest payable may be difficult to observe and must therefore be estimated.

14. In NACE rev. 1, financiers of hire purchase contracts are classified in class 65.22 'Other credit granting'. Hire purchase corporations are classified in institutional sub-sector S.123 ‘Other financial intermediaries except insurance corporations and pension funds', but financiers of hire purchase contracts may also be encountered in sector S.14 ‘Households'.

If the purchaser is non-resident while the financier is resident, the good is treated as if exported (P.61) when the purchaser takes possession of it. In this case, the financier provides a non-resident unit (the purchaser) with a loan (F.4/AF.4). If the purchaser is a resident unit while the financier is not, the good is recorded as imported ((P.71) when delivered to the purchaser, who at the same time obtains a loan (F.4/AF.4) from the non-resident financier. Repayments of principal (F.4) and interest payments (D.41) are treated in the same way as for financial leasing involving non-resident units.