Ideal for VAT registered companies who would prefer for the vehicle to be shown as an asset whilst retaining administrative control.

You pay a monthly rental and whilst you do not own the vehicle, at the end of the agreement the vehicle is sold and you retain 98% of the sale proceeds. The residual risk or reward is taken by you. The contract can be for up to 5 years and a balloon payment can be included to reduce the monthly rental and assist with cash flow.