Lease Purchase Information
Lease purchase: A method of financing your Car or Van, normally for vat registered businesses or companies. The car rental is determined by the cost, period and the estimated future value of the cars based on the proposed annual mileage. The Payment, equivalent to the estimated future value of the cars, payable at the end of the contract, when the cars becomes the property of the lessee. Maintenance packages often available, if required. The lease Purchase of cars or vans is a cheaper alternative to Hire Purchase, the traditional method of financing, written on a hire purchase agreement with the protections afforded by the consumer credit act.