Super Car Lease Purchase
What is a lease purchase agreement?
A lease purchase agreement lets you make regular payments, similar to a hire purchase agreement, but you own the car at the end of the fixed term. There’s a final ‘balloon payment’, usually paid at the end of the term. After that, the car is all yours.
A typical lease-purchase agreement lasts between two and five years, but it is possible to fully or partially settle the outstanding finance at any point. To find out more about how to do this, get in touch and we’ll do our best to help.
Flexible
Bespoke Finance
We are a direct lender and we assess every finance application individually. We will assess your eligibility and make sure we offer a loan that suits your financial circumstances.
Great
Customer Service
We’ve built great relationships with classic car dealers and auction houses and have a wealth of industry knowledge which enables us to offer the best advice at every stage of the buying process.
Fast
Decision Making
We’ve paid out deals in less than 24 hours and £1m+ deals in less than a week, enabling our clients to act fast when they require cash.
Lease Purchase Process
How lease purchase works?
Once you have found the vehicle you would like to buy, let us know how much you want to borrow, based on the price of the vehicle minus any deposit. Many of our customers choose to part-exchange their existing vehicle to help cover the deposit.
To find out more about how a lease purchase can help you to owning the car that you desire, please call us on 020 3355 0035 and asking us for a quotation.
For more details check our extended ‘Guide to Lease Purchase with Balloon Payment’ >> >
1. Submit Application
3. Pay Deposit
2. Credit Approval
4. Drive Your Dream
1. Get In Touch
2. Submit Application
3. Pay Deposit
4. Drive Your Dream
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Lease Purchase Calculator
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Advantages of Lease Purchase
Before choosing Lease Purchase this is what you should know:
- You pay a deposit and then make monthly payments for the length of the agreement
- The balloon payment is normally based on what the car is conservatively expected to be worth at that point in time, taking into account the car’s mileage, its age and the length of the agreement
Not sure if this is
the right choice?
The more the car holds its value, the more affordable the lease-purchase agreement becomes. This makes lease purchase agreements very popular with owners of premium or luxury cars. Contact us today to find out more.
At the end
of the agreement
At the end of the agreement, you are required to pay the balloon amount (usually through a cash payment or via a second finance agreement). There’s no option to return the vehicle.
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Lease Purchase FAQs
Frequently Asked Questions
How does car finance differ from leasing?
What happens at the end of the agreement term?
How much deposit will I need?
Can I arrange finance for more than one car?
What interest rate will I be charged?
Can I settle the agreement early?
Can I sell the car?
Lease Purchase news & Guides
Market Analysis, Opinions Pieces, Customer Stories and more
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