Hi, I have been running my own business on a self-employed basis for just under 20 years. I'm looking to get a van and am interested in the option to purchase the vehicle at the end of the lease period by means of a balloon payment. Am I able to do this as a business customer or do I have to do it as a private individual? I am not vat registered and also do not file returns with Companies house, I do my own book keeping. Thanks in advance for your help.
Our expert Mike answered...
Hello Daniel, thanks for getting in touch. As you are self-employed then we can certainly look at a purchase agreement for you with an optional final payment at the end. If you would like to discuss this in further detail, please feel free to contact any of our specialist direct on 01442 838193 so we can discuss the options in greater detail. Alternatively, you can drop me an email with your contact details and I’ll make sure one of my team give you a call. Kind regards, Mike Daly.