: At the end of the term, you may pay a small "option to purchase" fee (e.g., as low as £99 + VAT at FlexiBuy Vans ) to transfer the title to your name. Key Benefits
: You sign a contract—typically lasting 12 to 36 months —and pay a weekly or monthly fee. rent to buy van
Unlike a standard rental where you return the vehicle, or a contract hire where you simply "lease" it, rent to buy is a path to legal ownership. : At the end of the term, you
: Payments are usually fixed, making it easier to manage cash flow and budget for the long term. : Payments are usually fixed, making it easier
: You will almost always pay more in total than if you had purchased the van with cash or a low-interest bank loan due to the higher "effective interest" built into the rental price.
: A portion of your payment goes toward the rental cost, while another portion builds your "equity" in the vehicle.