Lease Plan Purchase
Lease Plan Purchase is available as another
Money-for-Cars funding option, but unlike Personal Lease there is no
Guaranteed Future Value, this means that the balloon payment is not
guaranteed.
How Does It Work?
We use the same parameters for Lease Plan Purchase as we do for Personal
Lease, in that parameters for the vehicles usage are agreed and a
Residual Value Balloon is established. Monthly payments and interest
rates are fixed for the duration of the contract. At the end of the
contract an option to purchase the vehicle for the Residual Value
Balloon amount is available or the vehicle can be returned. Lease Plan
Purchase is a particularly useful product for financing vehicles that
hold their Residual Value. Service and maintenance options can be
included
(See Fleet Management -
Maintenance).
Automotive Management Ltd,
Central Boulevard, Blythe Valley Park, Solihull, B90 8AG | 0800 389 6713
|
automan@auto-man.co.uk
