Hire & Option to Buy Scheme
If you’re facing delays with Capital Approval for purchases, our Hire & Option to Buy scheme allows you to operate equipment under standard CPA Hire Conditions until the necessary approvals are finalised.
Basic Terms & Conditions
Hire Period:
All hire is subject to standard CPA Conditions with a minimum 6-week initial hire period.
Payment & Delivery:
- Delivery and/or installation costs, along with the initial 6-week hire fee, must be paid prior to delivery.
End of Initial Hire Period:
At the end of the initial 6 weeks, you have three options:
a. Off-Hire: Equipment collection/dismantling will be arranged and invoiced.
b. Continue to Hire: Extend the hire period. Once all payments are completed, ownership will transfer.
c. Outright Purchase: Purchase the equipment outright at an agreed price, with full payment due upon invoice.
Inspection:
A full equipment inspection is recommended before delivery.
Adjustments:
Any additional requirements or changes for hire extensions or purchases will be discussed and agreed upon after the initial hire period, with costs adjusted accordingly.