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Is "Hire Purchase" another name for Lease Purchase contract?

Syd1435 06:22, 2004 Oct 25 (UTC)

I may be a little late, but no, "Hire Purchase" is not another name for Lease Purchase contract.

Jeff_B 12:17, 17 October 2007 (UTC) reply

A lease purchase is NOT the same as a lease option. A lease purchase requres a purchase at the end of the terms, a lease options allows an option to purchase at the end of the terms. —Preceding unsigned comment added by 158.71.226.111 ( talk) 18:14, 9 November 2010 (UTC) reply

What's the difference between financing lease and lease purchase contract? Are the two synonyms? 69.159.16.214 ( talk) 00:43, 25 April 2016 (UTC) reply