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| MODEL DESCRIPTION | BALLOON PAYMENT | FINANCE LEASE RENTAL | ADVANCE AMOUNT (LUMP SUM) |
| Interstar F35 L2 Diesel 2.3 dCi 135hp H2 Tekna Van | £8,340.00 | £349.00 | £4,188.00 |
WHAT IS FINANCE LEASE?
Finance Lease is a hire product which gives businesses the flexible option of retaining the vehicle (for a small annual fee) at the end of the agreement. However the customer may also sell the vehicle to a third party one all the monthly rentals have been made. The customer retains 100% of the sales proceeds (paid as a rebate of rentals).
HOW DOES IT WORK?
1. You pay an advance rental follwed by a fixed number of monthly rentals over an agreed contract period.
2. To help bring down your monthly rentals, you can choose to take an optional balloon payment, which is made at the end of the primary contract period. Your expected annual mileage will help to calculate this. VAT is paid on the rentals.
3. At the end of the term there are two options. Even though you don't own the vehicle you can sell it on behalf of RCI finance. You keep 100% of the sales proceeds, which you can use as the advance rental for your next vehicle. You may be able to offset this advance rental against your taxable profit. Alternatively, once all of the rentals and balloon have been paid, you can continue your contract by entering a secondary period of rental. You will pay a 'peppercorn rental' of just £50 + VAT per year.
TERMS & CONDITIONS
*Business users only. All prices exclude VAT. You will not own the vehicle. Finance provided by Nissan Finance, Rivers Office Park, Denham Way, Maple Cross, Rickmansworth, WD3 9YS. Subject to status. Guarantees and indemnities may be required. 18+. UK resident (excluding Isle of Man and Channel Islands). Offer based on 60 month term, an advance payment of 12 monthly rentals or a specified lump sum in advance is required, followed by 59 monthly rentals, Followed by a specified balloon rental. 8,000 miles per annum. The vehicle must be sold to a third party or a 'peppercorn rental' of £50 + VAT paid thereafter (secondary term). Nissan reserves the right to amend or withdraw offers at any time without prior notice. Terms and conditions apply. Offer valid for vehicles ordered by 02.04.2024
