About your agreement
Finance Lease is a rental agreement where you can choose to either pay the entire cost over an agreed lease period, or, you can opt to pay lower monthly rental payments with a final rental payment at the end of the agreement.
You select your car, pay a deposit and choose a rental plan. Please note Finance Lease customers do not have the option to own the vehicle at the end of the contract period.
The two different Finance Lease rental plans are called:
- Full Payout Lease - where the entire cost is paid over an agreed term with monthly rental payments (plus VAT).
- Balloon Lease - which allows cheaper monthly rental payments (plus VAT) but requires a lump sum to be paid as the final rental payment.
Please note, the options at the end of these agreements are slightly different.