Lease Purchase is a form of Hire Purchase available at Johnsons Cars dealerships. It offers you the security of fixed monthly rentals, as well as the flexibility of choosing to pay a lump sum at the end of your agreement to own the vehicle or return it. This type of agreement enables you to defer much of the total cost of using the car. A balloon payment, which is equal to the anticipated resale value of the vehicle at the end of the contract, can be deferred until the end of the agreement. In this way, you can lower rental costs and save money for the final lump sum payment. A Lease Purchase agreement can be a blessing for both personal and business customers who are working to a strict budget but know that their financial situation is likely to be better by the end of the contract. Contact our skilled and impartial sales staff to discuss whether Lease Purchase is the right option for you.