Lease Purchase – The Features
Lease purchase or also known as hire purchase with a final “balloon” payment offers lower monthly payments to conventional Hire Purchase. Payments are spread over an agreed period of between 12 and 60 months and at the end of the agreement there is a final “balloon” payment that can be paid to own the vehicle.
How it works .
Advise us on your annual mileage which will determine the estimated future value of the vehicle and final “balloon” payment.
Agree a deposit and decide your term between 12 and 60 months.
Lease Purchase – The Benefits
Fixed Payments –Ideal for budgeting.
Fixed Interest – protects from fluctuations in interest rates.
Low Deposit – Doesn’t tie up valuable cash reserves.
Better car - lower payments than standard Hire Purchase allow you to purchase a better car for your budget.
Flexibility - Not using your personal bank facility with a vehicle purchase gives you greater financial flexibility.
Tax Benefits – Speak to one of our Client Managers about tax benefits for business users.
No VAT – There are no VAT payments on Lease Purchase agreements.
Call 08455 193 293 or apply online for a FREE QUOTATION.
All finance packages are subject to status and finance company acceptance. UK residents only.
VIPcarfinance are a division of AutoVIP Group Ltd.
Licensed by the Office of Fair Trading. Credit Licence ref 631174/1
Data Protection registration number Z2048742
VAT registration number 976 47 46 62
Company Registration number 695 6499