No Payout Penalties
Automotive Lease Packaging premium finance product has no payout penalties, this is important to you because 80% of cars that are financed are paid out early. This should be the key factor when choosing finance for your next car. The unpaid interest in the event of an early termination is not added to your payout figure, this can effectively save you thousands of dollars in payout penalties.
Why do other Finance Instututions have payout penalties? The simple answer is "money", this provides finance companies with an lucrative income stream and is the one area where they make enormous profits. Most Finance Instututions retain at least 70% - 80% of the remaining interest when the car is paid out, this is on top of the money you've already paid back.

All payout penalty wording is writen within the terms and conditions (small print) of the contract. Look for discount interest rate, termination fees etc, these are examples of payout penalties. Remember it's a legal requirement to have written into the contract terms and conditions any forms of payout penalties.
Ask the finance provider or finance broker, what the payout penalty or retained interest is if you payout your car. If they say none, get it in writing. Automotive Lease Packaging can give you access to finance where you pay absolutely no retained interest and no payout penalties. Automotive Lease Packaging's quotes all have a payout schedule highlighting these benefits.
Request a quote online or give us a call on and let us show you how you can benefit from these products.
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