Skip Links

“The Cheaper Route to your New Car or Commercial Vehicle”

0845 612 3341

Lease Purchase

This is similar to hire purchase but has greater flexibility.

Cashflow Benefits

The initial deposit is normally expressed as monthly payments in advance and is much lower than traditional HP, and a final lump sum or balloon payment (sometimes called a residual value) is usually included. This has the effect of reducing the amount of the monthly payments, thereby aiding cashflow.

Tax Implications

The tax and financial benefits are the same as hire purchase, but the payments can be structured to suit a businesses particular cashflow needs.

Who owns the vehicles at the end of the agreement?

After making the balloon payment, ownership of the vehicle can be taken, or it can be part exchanged - using any surplus equity towards a deposit for a new vehicle.

For more information please call one of our friendly staff on 0845 612 3341 or by emailing enquiries@buyanewcaronline.co.uk

Search for a new Car

 

Call us now on...

0845 612 3341

Our Guarantee

  • Brand new UK Main Dealer Supplied
  • Full manufacturers warranty
  • FREE DELIVERY
  • 12 months Road Fund Licence
  • 1st Registration Fee
  • Number Plates
  • Manufacturer Breakdown Cover
  • Excellent finance rates

Sonnauto UK Ltd is an active member of the Federation of Small Businesses