 | | With a Finance Lease agreement, a vehicle is hired to you for a fixed period without the option of ownership. At the end of the contract, the proceeds from the sale of the vehicle, less a small fee, are returned to you. The basic details are;
• You agree an initial rental
• You pay monthly or quarterly for the use of a Mercedes vehicle over an agreed period
• At the end of the agreement the vehicle must be sold on to an independent third party. We will invoice the third party on your instruction and then return 95% of the sale price to you
• Alternatively you may return the vehicle to us. We will then sell it and return 95% of the net sale proceeds to you, after deductions and collection fees
• You can choose to pay a final lump sum to reduce the regular rentals |
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