The fixed cost way to buy a vehicle
Contract purchase fixes your monthly payments and offers you flexible terms. This type of finance gives you the opportunity to either retain or return the vehicle at the end of the agreement. (Subject to an agency fee for the return of the vehicle).
Contract purchase benefits
- Fixed monthly payments - budgeting is easier when you know the costs in advance
- Flexible agreement terms - variable terms and mileages available
- Optional maintenance and added value services - can be included in the agreement
- Guaranteed resale value - we will fix a vehicle resale value to take effect at the end of the agreement
- Full ownership at end of contract - you own the vehicle once all payments have been made
This finance may be preferable if you want to own your vehicles, yet avoid the risk of depreciating assets. A guaranteed residual value helps improve your cash flow during the agreement while making a vehicle more cost effective to buy.
