Custom Quip’s Hire-Buy Option
The Hire-Buy option takes into account a buy now price and the term in which the equipment is to be hired (either 12, 24, 36 or 48 Months). Prior to the commencement of the contract, a monthly ongoing periodic rental payment and buy-out figure is calculated, the monthly ongoing periodic rental rental payment paid to by the Lessee to CQETR throughout the term of the contract. At the end of the hire-buy term, the Lessee is given the option to pay to CQETR the predetermined buy-out figure (and own the equipment) or de-hire the trailer to CQETR.
Hire-buy gives client’s new quality equipment to get the job done, whilst growing their business and investing capital where it counts.