Monthly rentals are based on the difference between the price of the vehicle at the start of the agreement and its projected residual value, plus finance charge. Therefore only a proportion of the vehicle's value is being repaid which avoids any large initial outlay and reduces the monthly rental.
At the end of the lease period, the vehicle is simply returned, freeing you from any further obligations, apart from any excess mileage or damage charges, if applicable.
You agree an initial rental
You agree the mileage you wish to cover over the period of the agreement. This helps us determine the expected ‘Residual Value’ of the vehicle at the end of the agreement
You simply pay monthly or quarterly rentals throughout the agreement. At the end of this, you just give the vehicle back
To find out more please contact your local dealer. Click here to access the dealer locator