Finance Lease

This provides finance funding only. The customer is never entitled to purchase the vehicle. It must be sold to an unconnected third party when you have finished with the vehicle.

You will bear the risk of any financial settlement from the vehicle value at the end of the contract. The optional final rental owed on the agreement will be clearly stated in your Finance lease contract agreement.

You can manage this risk by requesting a 'Balloon' rental payment that is less than the predicted Residual Value. This creates a 'safety' margin with the vehicle being worth more than the final payment due to the lease company at the end of the contact..