Leasing & Hire Purchase

 

Partial amortisation contract (with right to tender)

With a partial amortization contract, the leasing installments only cover part of the acquisition costs including interest during the term of the leasing contract, so that an imputed residual value remains at the end of the basic rental period.

The customer then has the option...

...return the object and we will take over the disposal. If no buyer can be found, we will sell the property to you
...to buy
...to extend the contract
...choose a new property and finance it as part of a new leasing contract

 

Full amortisation contract

Under a full amortisation contract, the purchase price, including interest, is covered by the lease payments over the term of the contract.

The customer then has the option to

...return the asset
...buy it
...extend the contract
...select a new asset and finance it under a new lease.

 

Hire purchase

We first purchase the investment property you want and let you use it. The total costs of your investment are spread over a contractual term and paid for through constant hire-purchase installments. The contract duration or term, the monthly installments and any different final installments can be agreed individually.

Hire-purchase can make sense if, for example, you take advantage of support measures that are linked to the acquisition of beneficial ownership. The customer can claim regular depreciation and, if necessary, special depreciation as well as interest for financing as operating expenses.

 

Advantages of hire purchase

• Use of depreciation and funding opportunities by accounting for the property
• Term up to 100% of the normal operational life
• Constant monthly rental purchase installments
• Automatic transfer of ownership after the rental period has expired