UK Leasing and Contract Hire features vehicle finance specialists who can help you with your Lease Purchase enquiry. Lease Purchase is by definition a purchase agreement so it allows you the customer to own the vehicle at the end of the contract.
Your payments are made up from the following elements ; the length of contract, the cost of the vehicle that you choose, the total mileage for the contract period and the anticipated future re-sale value of the vehicle at the end of the contract.
A balloon payment which is equivalent to the anticipated re-value of the vehicle is payable by the customer at the end of the contract. Once this payment is made the vehicle becomes yours to use and dispose of as you choose.