Contract Purchase and Leasing
Ideal for companies with high value cars who want the option to purchase the vehicles without the risk of depreciation.
Contract Purchase benefits from many of the advantages of contract hire such as accurate monthly budgeting, minimum capital outlay, improved cashflow and no depreciation risks.
After the final monthly payment, you pay a lump sum or 'balloon' payment (usually the predicted residual value) in order to secure ownership. Alternatively the vehicle can be simply returned provided the neccessary option to do this was selected.