Lease Purchase

Drive Your Dream Car with Flexible Ownership

At Boost Finance, we offer tailored Lease Purchase plans designed to help you acquire high-value, specialist, or classic vehicles without the burden of large upfront costs. With manageable monthly payments and a clear path to ownership, you can drive the car you desire while preserving your cash flow.

How Lease Purchase Works

  • Choose Your Vehicle

    Select the car that suits your preferences and needs.

  • Agree on Terms

    Determine your deposit, repayment period, and balloon payment with our team.

  • Fixed Monthly Payments

    Make regular, fixed monthly payments over the agreed term.

  • Final Balloon Payment

    At the end of the term, pay a lump sum (balloon payment) to take full ownership of the vehicle.

Benefits of Lease Purchase

  • Lower Monthly Payments: By deferring a portion of the cost to the end of the term, monthly payments are reduced, making it more affordable.
  • Flexible Ownership Options: At the end of the agreement, you can choose to pay the balloon payment, refinance it, or sell the vehicle to settle the balance.
  • Ideal for High-Value Vehicles: Perfect for acquiring specialist or classic cars that may appreciate in value over time.

Considerations

Balloon Payment

The final lump sum is based on the vehicle’s predicted residual value and is not guaranteed.

Commitment

Ensure you can meet the monthly payments and the balloon payment at the end of the term.

Depreciation Risk

If the vehicle’s value decreases more than anticipated, the balloon payment may exceed its market value.

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