LEASE PURCHASE

LEASE PURCHASE - HIRE PURCHASE WITH ADDED FLEXIBILITY TO SUIT YOUR NEEDS.​

Lease Purchase offers all the benefits of Hire Purchase, but with the added flexibility of an optional deferred large sym (balloon) payment. This deferred lump sum can reduce your monthly payment, or reduce your contract length.

LEASE PURCHASE BENEFITS INCLUDE:

• Fixed monthly rentals for ease of budgeting
• Monthly payments are not subject to VAT
• No mileage restrictions
• Option to include a deferred sum / final 'balloon' payment to keep monthly payments low
• Taxation benefit from writing down allowance
• CVs acquired ​on Lease Purchase should be eligible for the Annual Investment Allowance
• LCVs acquired on Lease Purchase are required to pay VAT upfront as a lump sum

HERE'S HOW IT WORKS: STEP 1

You pay an initial deposit followed by a fixed number of monthly payments over an agreed contract period.

HERE'S HOW IT WORKS: STEP 2

Monthly payments can be reduced by making a 'balloon' payment at the end of the agreement.

HERE'S HOW IT WORKS: STEP 3

The amount of the 'balloon' payment has to be set at the beginning of the contract.

DISCOVER OUR RANGE OF LEASE PURCHASE OFFERS