Contract Purchase utilizes the future value of a vehicle to reduce monthly costs. This value is guaranteed based upon an agreed predetermined annual mileage and allows an option to either purchase the vehicle for this price or simply return it to the Funder with no extra cost (subject to mileage and/ or condition). Service and maintenance facilities can also be included where required.

Benefits

• Initial payment requirements are generally low
• Pre-determined costs and fixed terms smooth out cash flow
• Payments can include maintenance and vehicle servicing
• No purchasing or disposal hassles
• No risks of depreciation
• Accurate budgeting with minimal administration