End of your Lease Purchase agreement.
As your Lease Purchase agreement reaches its term, you need to be ready to pay the Final Instalment at the end. If you have further questions, please get in touch with your Sales Administrator. Contact your branch.
What happens at the end of your contract?
At the end of your Lease Purchase agreement, you will pay a Final Instalment and subsequently own the vehicle.
Pay the Final Instalment.
On a Lease Purchase agreement, you must pay the Final Instalment at the end of your contract. This figure will have been agreed on your initial quote, which your Sales Administrator can clarify. The Final Instalment figure will be combined with an Option to Purchase Fee and invoiced to you after the contract end date.
After this has been paid, the vehicle will belong to you. The DVLA will be notified of the keeper change by the funder.
Whilst the vehicle is now yours to keep, you may find that you wish to obtain a new vehicle. Please speak to your Sales Consultant for more information about your options.
For more information about what happens at the end of your contract, please visit our End of Contract page or click the links below.