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All our products are built to give you options which suit your lifestyle.
||Electric Vehicle Products|
|Solutions PCP||Hire Purchase||Lease Purchase||Contract Hire||Finance Lease||Lease&Care|
|Regular monthly payments||✔||✔||✔||✔||✔||✔|
|Final balloon payment||Maybe - depending on option taken at end of contract||✖||✔||✖||Maybe - depending on product type taken||✖|
|Possibility to own the vehicle||✔||✔||✔||✖||✖||✖|
|Options at the end of your agreement||
1. Hand the vehicle back (subject to fair, wear and tear)
2. Pay optional final payment and keep vehicle
3. Trade vehicle in and upgrade to a new one
|Finish paying monthly instalments and keep vehicle.||Pay optional final payment and keep vehicle.||Finish paying monthly instalments and hand the vehicle back (subject to fair, wear and tear).||
1. Enter into a secondary rental period
2. Sell the vehicle to an authorised 3rd party and take a share in the proceeds
Note - for the balloon option, you need to pay off the balloon before you can enter a secondary rental or share in the proceeds
|Finish paying monthly instalments and hand the vehicle back (subject to fair, wear and tear).|
|Protected from unexpected depreciation||✔||✖||✖||✔||✖||✔|
|Service, Maintenance & Tyres included||✖||✖||✖||It can be included||✖||✔|
|Possible excess mileage or damage charges at the end||✔||✖||✖||✔||✔||✔|
|Charges to terminate contract early||✔||✔||✔||✔||✔||✔|
|Payments may be tax deductible for business customers||✖||✖||✖||✔||✔||✔|