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Ferst launches winter special

26th July 1990, Page 12
26th July 1990
Page 12
Page 12, 26th July 1990 — Ferst launches winter special
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Which of the following most accurately describes the problem?

• An unusual rental scheme has been launched by contracthire specialist Ferst for Whale Blazer demountable gritter bodies.

Customers pay rent of £586.80 (ex-VAT) for each of the five winter months of the year for a total of seven years. There are no payments during the other seven months of the year and customers are given the opportunity to buy the body for £250 (ex-VAT) at the end of the rental agreement.