Lease Purchase allows you the customer to own the vehicle at the end of the contract.

What makes up the payments involved in Lease Purchase are; the cost of the vehicle, the length of contract i.e. 24,36, 48 months, the total mileage covered within the contract period and the anticipated future re-sale value of the vehicle at the end of the contract.

A payment which is equivalent to the anticipated future re-sale value of the vehicle is payable by the customer at the end of the contract. The vehicle then becomes the property of the customer/ lessee.