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Car Contract Personal Purchase

Wednesday, 28 May 2008

Here on the Van Lease website we offer a wide range of leasing contracts they include; contract hire, contract purchase, finance lease, hire purchase, lease purchase and personal contract purchase. This section deals with car contract personal purchase.

Contract personal purchase is essentially a personal contract hire agreement except it has one essential difference. When your contract finishes you can pay a balloon payment which means you keep the vehicle. The balloon payment is decided at the beginning of your contract. This is of course the clients choice and if they do not wish to keep the vehicle you can just return it to us.

Our car contract personal purchase are tailored to meet the need of the individual. We can decide between us which options to put into your contract. This type of contract offers maintenance at a fixed cost, insurance, fully comprehensive breakdown cover, we offer a guaranteed future value on any vehicle to ensure that our client can select a higher specification vehicle but the monthly repayments will be lower, at the end of the contract you can pay the guaranteed future value, returning the vehicle or selling the vehicle and keeping the proceeds that are over the future value.

The benefits of using a contract personal purchase include having to initially outlay a minimum amount of capital which usually amounts to the total cost of 3 monthly payments, you don't face the risk of your vehicle depreciating in value, you do not face the risk of high maintenance costs if you choose to add this option to your contract and all equity goes directly to you.

If you would like to learn more about our personal contract purchase offers then please go to the PCP section and click on the obtain a quote and we shall endeavour to give you the best possible. Feel free to bookmark our site so you can return regularly to see new amazing offers as they come in.

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