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Sheffield Business Contract Purchase

Sheffield Business Contract Purchase

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

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