Lease Purchase (LP) is where you make fixed monthly payments based on the total cost of the car, minus the estimated resale value. This amount is known as the Final Payment which is deferred until the end of the agreement. After all your monthly payments have been made, you must then make the Final Payment and you'll become the legal owner.
To find out all you need to know about Lease Purchase, read our guide here.
And if you would like to make an enquiry or apply for a Lease Purchase agreement you can contact our team here.