Contract Purchase:
- Cars and vans can be financed via Contract Purchase for a pre-agreed time and mileage, for a fixed monthly instalment followed by a final balloon payment, which is guaranteed by the finance company.
- At the end of the term, the customer can either hand the vehicle back to the finance company, or pay the balloon and take title to the vehicle.
- Rentals are determined by the cost of the vehicle, the period, the mileage covered, and the balloon figure set by the contract hire company.
- Maintenance/breakdown cover can also be built in to the rentals if required.
