Drive Now, Own Later

Rent-to-buy gives you the flexibility to drive the vehicle you want today, with the option to own it at the end of your contract. Lower monthly payments with a balloon payment at the end.

20%

Typical deposit

2-5

Year terms

Own it

At end of term

Simple Process

How Rent-to-Buy Works

1

Choose Your Vehicle

Pick from our range of cars and vans. New and nearly-new vehicles available.

2

Pay Your Deposit

A deposit secures your vehicle. Typically 20% of the total price.

3

Monthly Payments

Fixed monthly payments for 2-5 years. Lower than standard leasing because of the balloon.

4

Own It or Return It

At the end, pay the balloon payment to own the vehicle outright — or simply hand it back.

Why Choose Rent-to-Buy?

The Benefits

Lower Payments

Monthly payments are lower than standard leasing because of the deferred balloon payment.

Ownership Option

Pay the balloon at the end and the vehicle is yours. No obligation — you can also return it.

Flexible Terms

Choose from 2 to 5 year terms. At the end, own it, refinance, or hand it back.

Cars & Vans

Rent-to-buy is available on both cars and vans, for personal and business customers.

Estimate Your Payments

Adjust the vehicle price and term to see your estimated costs.

Rent-to-Buy FAQ

What is rent-to-buy?

Rent-to-buy (also known as lease purchase) is a vehicle finance agreement where you make monthly payments with a large final "balloon" payment at the end. If you pay the balloon, you own the vehicle. If not, you can return it.

How is it different from leasing?

With standard leasing (PCH/BCH), you never own the vehicle. With rent-to-buy, you have the option to own it at the end by paying the balloon payment. Monthly payments are typically lower than leasing because of this deferred cost.

What is a balloon payment?

The balloon payment is a lump sum due at the end of your contract. It represents the estimated future value of the vehicle. You can pay it to take ownership, refinance it, or return the vehicle.

Do I have to pay the balloon?

No. At the end of your agreement you have options: pay the balloon and own the vehicle, refinance the balloon into a new agreement, or return the vehicle (subject to condition and mileage terms).

Can businesses use rent-to-buy?

Yes. Rent-to-buy is available for both personal and business customers. Business customers can reclaim VAT on the payments and the vehicle can appear as a business asset once the balloon is paid.