Finance & Leasing
Hire Purchase with Balloon Payment
Reduce your monthly payment with Balloon Payment.
You pay a deposit and you own the vehicle at the end of the agreement period. However, by opting to make a "balloon payment" at the end of the agreement your monthly payments are significantly reduced.
Main benefits:
- Reduced monthly payments by opting for a final balloon payment.
- Flexible deposit.
- Ownership of vehicle.
- Repayments over a fixed period.
- Repayments in advance or arrears.
Key Business Benefits:
- Payments not subject to VAT.
- Interest may be allowable against taxable profits.
- Writing down allowances are claimable.
- Mercedes-Benz appears as an asset on the balance sheet.
- Additional line of credit.
