LeasePLUS's hire purchase product offers clients the opportunity to buy vehicles with no deposit, and with the option to repay the loan and take control of the vehicle at any time.

Hire Purchase is a flexible way to purchase vehicles and equipment and offers the following benefits:

• No deposit is required, although clients can make a deposit if they prefer.
• Repayments are made from a nominated bank account and can be programmed and seasonally adjusted to suit cashflow.
• Interest and depreciation are tax-free when the equipment is used to generate tax-assessable income.
• Monthly payments and balloon payments are GST-free.
• Clients can repay the loan and take possession of the equipment at any time.
• Ownership of the equipment transfers immediately from the financier to the customer at the end of the contract or when the contract is terminated early.
• Full maintenance and management of hire purchased vehicles and equipment can be provided if required.

For more information on hire purchase lease agreements please contact LeasePLUS.