Hire purchase
Pay it off, make it yours
Enjoy the ease of fixed scheduled payments with no hidden surprises. By the end of the contract, the machine is yours to own.
Main benefits
- Once the machine has been paid off completely, it still has value. You can keep the proceeds when you decide to sell the machine, or use it as a trade in for your next purchase.
- The machine appears on the balance sheet and is subject to depreciation as an annual income tax reduction.
Balance sheet
On balance
Ownership
At contract end
Subject to terms and conditions. You should always seek advice from your accountant, financial and/or legal advisor before entering into any finance transaction.
Other financing options
Operating Lease
A budget-friendly, minimal commitment option. You only pay for usage of the machine, which helps reduce your monthly costs.