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Can I Vary The Value Of The Initial Rental Payment?

Yes you can vary the amount you pay as an initial payment. Some customers prefer to pay a higher payment at the beginning of their Hire Agreement, as this will reduce your ongoing monthly rental amounts for the balance of the contract. Please see the question "what is an initial payment?" for an example of how varying your initial rental payment will impact your future rentals. The total amount you pay over the lease period will remain the same, all that you are varying is the amount you pay at the onset of your agreement and the subsequent monthly repayments. Certain vehicle finance companies may require a minimum Initial lease payment and this will be confirmed at the vehicle order stage, this may be due to your personal financial circumstances/credit history or down to being a standard policy from the finance company.

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