Vehicle hire purchase and the leasing business have provided consumers with the opportunity to afford cars and motorbikes previously thought unattainable. Given the popularity and effects on the consumers in Thailand market, these businesses have been a controlled contract business in which the terms and conditions of a hire purchase agreement must comply with the requirements under the relevant laws since 2012. However, there have been no other key regulations governing these businesses. We will discuss the new requirements on hire purchase agreements from the Office of the Consumer Protection Board and the Bank of Thailand’s plan to regulate hire purchase and leasing of vehicles businesses.