|
|
Lease Purchase
For non VAT-registered companies that want eventual ownership of the vehicle.
A funding agreement, where the company acquires ownership when all the payments, including the option to purchase, have been made. Part of the capital cost of the vehicle payment may be deferred into a 'Balloon Payment' at the end of the agreement, which equates to the anticipated market value of the vehicle at the end of the agreed leasing period.
|
