|  | | Flexible deposit, fixed or variable interest rates and ownership of vehicle |
| |  | | Hire Purchase with Balloon Payment |
Pay your agreed deposit as per hire purchase. Choose to make a final `balloon` payment at the end of your contract to significantly reduce your monthly repayments |
| |  | | Pay a deposit. Make your monthly payments. Pay a final or `balloon` payment based on your agreed anticipated mileage. That`s it. |
| |  | Improved cashflow. Your vehicle is hired to you for a fixed period of time without the option of ownership.
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| |  | | Avoid a large initial outlay and return the vehicle at the end of the contract |
| |  | Mercedes Advance is based on hire purchase but gives you even greater flexibility
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| |  | Download the Mercedes-Benz CharterWay brochure by clicking the link below:
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| | Finance Toolkit |  | |
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