The longer the contract term the lower the monthly payment. The van will depreciate more in the
early years so its cost effective to keep the van 3-5 years subject to the mileage you do! If
you're not sure how long you want to keep the van you can add a year, you don't have to keep the
van the full term simply trade in or settle early as required.
Whats your annual mileage?
Selecting the correct mileage is important as this dictates the end of term balloon payment. If
you underestimate the mileage, you could find you owe more than the van is worth.
Final Balloon Payment
You have the option not to have a balloon payment (this is known as Full Pay Out Lease) at the
end of the agreement you retain 97.5% of the vehicles value. (More Info)