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Sheffield Business Contract Purchase:
CP is ideal for any business that would like options at the end of its finance agreement. CP customers make an initial payment when they first take out the contract, then pay fixed monthly payments and finally have an Optional Final Payment (OFP) at the end at the end of the contract which is also referred to as the GFV (Guaranteed Future Value).
Advantages:
Low initial payment
Fixed monthly payments
You may be able to refinance the OFP
No depreciation concerns if you wish to walk away at the end
Maintenance and servicing can be included
Fixed OFP when you first take the contract out
Cost effective
Disadvantages:
You will have to make a decision at the end of the contract as to whether you wish to sell the vehicle, return it or keep it
You must have fully comprehensive vehicle insurance
For more information on Sheffield Business Contract Purchase talk to Vision Automotive Group Ltd
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