Used Prestige Car Lease Purchase Hero Image

Used Prestige Car Lease Purchase

View our vehicle stock

While Lease Purchase has many similarities with Hire Purchase, this form of finance has a significant difference. Monthly payments are, on average, much lower than HP, with a final "balloon payment". Unlike PCP, there is no return option at the end of the Lease Purchase agreement, so the balloon payment must be paid for, either in cash or via a second finance agreement.

At Saxton 4x4, we specialise in 4x4 LP finance, understanding that purchasing a 4x4 or SUV is a significant investment for many. That's why we offer Lease Purchase (LP), also known as Balloon HP, as a flexible and affordable finance option to help you own your dream car. Whether you're in the market for a robust SUV LP finance solution, seeking a prestige car LP finance package for a more luxurious ride, or exploring luxury car LP finance options for the ultimate in high-end vehicle ownership, we have tailored solutions to meet your needs.

What is Lease Purchase?

Lease Purchase (LP) finance simplifies acquiring premium vehicles, offering 4x4 LP finance for reduced monthly payments and budget flexibility. SUV LP finance mirrors this benefit, easing the path to owning versatile vehicles without significant initial costs. For high-status vehicle enthusiasts, prestige car LP finance tailors terms for accessible ownership, while luxury car LP finance provides cost-effective plans for luxury car buyers, designed to meet their unique financial needs and the vehicle's exclusivity.

Benefits of Lease Purchase

Lower Monthly Payments: With LP, you'll have lower monthly payments compared to other finance options, making it more affordable on a month-to-month basis.
Flexible Terms: You can choose the length of your agreement to suit your budget. The term typically ranges from 1 to 5 years.
Ownership: At the end of the agreement, after the balloon payment is made, you'll own the car outright.

How Does Lease Purchase Work?

Deposit: The process starts with a deposit. The amount can vary, but it's usually around 10% of the car's value.
Monthly Payments: The remaining balance plus interest and fees, minus the balloon payment, is divided into equal monthly payments over the agreed period.
Balloon Payment: A final balloon payment is made at the end of the agreement. This is a larger sum that clears the remaining balance.
Ownership: Once the balloon payment is made, the car is yours.

At Saxton 4x4, our team of finance experts will guide you through the process, ensuring you understand all the details of your Lease Purchase agreement. We're committed to providing a smooth and hassle-free car buying experience.

Visit our dealership today or browse our online inventory to find your perfect car. At Saxton 4x4, we're not just selling cars; we're delivering dreams.

Frequently Asked Questions

The primary difference between Lease Purchase (LP) and Hire Purchase (HP) lies in their payment structures and end-of-agreement terms. In HP, payments are spread across the term, leading to outright ownership after the final instalment. LP, such as 4x4 LP finance, often involves lower monthly payments and a significant "balloon payment" at the end, not dividing the car’s total cost equally across the term

Lease Purchase agreements, like SUV LP finance, come with the key restriction of a mandatory balloon payment to secure ownership at the term's end, lacking the option to return the vehicle. This contrasts with some finance options allowing vehicle return.

LP differs from leasing by aiming for the lessee's eventual vehicle ownership. Leasing resembles renting, with no buy option post-term, focusing on covering the car's depreciation. This makes prestige car LP finance appealing for those intent on owning a luxury car eventually.

Monthly payments in LP, including luxury car LP finance, cover the vehicle's depreciation minus the balloon payment, allowing lower monthly outlays while facilitating future ownership. This setup makes owning a high-end vehicle more accessible monthly, culminating in a larger final payment for ownership.

Please enter your vehicle price


Find Your Perfect Car Now

Find your perfect car now at Saxton, the largest 4x4 dealer in Europe, selling used 4x4 cars at incredible value to customers across the world.

Search Cars
4.1 (2,000+ reviews)
4.5 (2,700+ reviews)
4.6 (3,000+ reviews)
4 (210+ reviews)