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| Full Payout |
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- Decide on the MINI you want and choose a rental period that's right for the business.
- Agree a deposit and a regular rental.
- At the end of the agreement, your business can sell the MINI to an unconnected third party on our behalf.
- The business receives a full refund of the sales proceeds.
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| Balloon |
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- Decide on the MINI you want and choose a rental period that's right for the business.
- We agree a future resale value for MINI, deposit and fixed regular rentals.
- At the end of the agreement, your business can sell the MINI to an unconnected third party on our behalf.
- If the MINI is sold for more (excluding VAT) than the resale value agreed, you'll receive a full refund of the sales proceeds.
- If the MINI is sold for less, you'll have to make up the difference.
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- Because we pass on our VAT savings from MINI's purchase, we can reduce the regular rentals.
- Your business can reclaim up to 50% of the VAT on the regular rentals.*
- Fixed regular rentals make budgeting easy.
- Avoiding an excessive initial outlay means more funds stay in your business.
- MINI can be classified as an asset on your balance sheet.
- Rental payments are allowable against tax.
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