Flexible Lease means you use the vehicle for the length of the contract, and it appears on your balance sheet. It is similar to traditional methods of funding, whereby the total price of the item, in this case a vehicle, including interest and costs, is charged back to you over an agreed period of time, in the form of monthly payments.
After this, the vehicle is then transferred back to us and we dispose of it. If there are any proceeds from the sale, these are passed back to you less the fees. You cannot retain the vehicle at the end of the contract. It is sometimes possible to sell it onto a third party.
As with this method of funding the full price of the vehicle is funded, so there is no residual value risk, and no final balloon payment.
You also have the option of extending the term at a fee or terminating early by paying the outstanding amount.
The Flexible Lease method offers fixed monthly payments.
The Flexible Lease method is different from traditional funding methods, as we purchase the vehicle and can use our buying power and expertise to offer you the best rental.
At the end of the contract, you don't have to worry about the vehicle mileage as the vehicle has been paid for.
Flexible Lease is a simple method of funding available to all fleet sizes. It is available on cars and commercial vehicles up to 3.5 tonnes.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
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Drayton Vehicle Solutions
Drayton Vehicle Solutions are an Appointed Representative of Lookers Motor Group Limited who are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 309424
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Drayton Group Ltd trading as Drayton Vehicles Solutions, Drayton Group Ltd is a subsidiary of the Warwick Holdings
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