How Lease Purchase works
A lease purchase agreement can make monthly payments more affordable as part of the loan is deferred to the end of the agreement. They are designed for people who know that they want to keep their car at the end of their agreement.
Once you have chosen your SEAT and paid your deposit, you then make monthly payments and finally, your option-to-purchase fee and the remainder of the loan.
At the end of the agreement
If you reach the end of the agreement you can either pay the remainder of the loan in a lump sum, or you can apply to re-finance this final amount. You will need to apply to re-finance which will be subject to your status and satisfactory payment history.
Once you have paid the final sum, your SEAT is yours to keep or part exchange.