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Introduction to lease purchase

Also known as Hire Purchase with a Balloon, Lease Purchase is an ideal way to fund your Asset if you want lower monthly payments compared to a standard Hire Purchase deal.
To Reduce your monthly instalments a deferred final payment also known as a balloon payment, is offset to the end of the agreement. This allows you to pay a lump sum to purchase the car in full, if you choose to do so. The amount of the deposit is flexible, a deferred payment is set at the end of your chosen term which is usually set between 12 and 60 months.

Lease purchase is ideal for lower monthly payments

useful information

The Benefits of Lease Purchase to you:

  • Low Deposit – keep your money earning you money, keeping more money in the business
  • Lower Monthly Payments – payments are lower due to the increased end payment
  • A Better Car – this could enable you to purchase a newer car with higher specification
  • Flexibility – you can change the car whenever you like in the agreement
  • Assets – you can take full ownership of the car once all the payments have been made

Before choosing Lease Purchase, what you need to know:

  • You do not own the car until the final payment has been made
  • There is no guaranteed future value

At the end of the agreement you have several options to choose from options:

  • Purchase the car, by paying the final payment in either one payment or re-financing to pay monthly instalments
  • Part-exchange the car, using any equity towards your next vehicle
  • Sell the car privately, retaining any equity once the balloon has been paid
  • We will assist with all the above for you, with or dealer partners.

We understand that finance is confusing, we will talk you through it to make sure you have all the information you need to make an informed choice.
We can run comparison quotes so you can decide which plan works best for you.

Vehicle Finance

Why Finance With Us?


Cars we finance

We are able to fund all of your cars from your daily drive, weekend racer to that special restoration project.

Directly Authorised status disclosure

Lillian Stanley Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FRN: 838153). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at For complaints information when a transaction is completed online, please also access the Online Dispute Resolution platform at