Car Leasing & Van Leasing
Car Leasing & Van Leasing for Business & Personal Users – from 2-5 Years
Our services are offered to Sole Traders, Partnerships and Limited Companies who need Car Leasing vehicles for their Directors and employees, or Commercial Vehicles for their business.
We also offer Personal Contract Hire (PCH) and Personal Contract Purchase (PCP) to private individuals looking for a totally budgeted solution to their motoring needs, including employees who receive a Company Car Allowance or are opting out of their Company Car scheme.
What is Car Leasing?
Car Leasing (also known as Contract Hire) is simply the hiring of a vehicle for an agreed period of time for a fixed monthly rental. Unlike Short Term Rental or Daily Rental, a car lease is usually for 2-5 years, after which you can simply hand the car back with no further commitment or, in some cases, you may be able to purchase the vehicle if you wish. Check out our Car Leasing Guide for loads of FREE information and advice on Car Leasing & Van Leasing.
How does Car Leasing work?
Almost all new cars and commercial vehicles are available to lease. So, the first thing you should do if you’re thinking of leasing a vehicle is to decide on the make and model you want, plus any options or extras you would like – just as if you were buying the vehicle.
Then decide how long you want to lease a car, what your annual mileage is likely to be, and whether you want to include Car Leasing Maintenance in the contract. If you add maintenance to your contract, all bills for repairs, tyres, servicing and parts are paid by the finance company. If you are unsure about any of these factors, we will be happy to advise you.
Your monthly payment depends on your annual mileage, the cost of the vehicle, and what it’s likely to be worth at the end of the contract hire (known as the residual value). Road Tax is usually included for the duration of your car lease – all you need to do is insure it and put fuel in!
Car Leasing vs Buying
When looking for car leasing advice, many people are faced with the lease vs buy dilemma, and which is best. And the short answer is – it depends!
To decide whether leasing or buying is best for you, a number of points need to be considered. Check out this article on Car Leasing vs Buying which should help you make up your mind.
Company Car or Company Car Allowance
Of course, your first question may not be “Should I lease or buy?”, but whether to accept a company car or a company car allowance from your employer. If you decide to accept the car allowance, or ‘cash for car’ as it is sometimes known, you will then have the choice of leasing or buying. This article on Company Car Or Car Allowance gives more information.
Benefits of Car Leasing
There are many benefits of leasing a car, which is why Car Leasing is becoming more popular every year. Not only is it cost effective and tax efficient for businesses to lease cars rather than purchase them, but there are also many reasons why it makes sense for the private individual. Check out the Benefits Of Leasing A Car.
Business Contract Hire or Personal Car Leasing
There are various types of leasing. As a Company Director, Partner or Sole Trader, you may be unsure whether Business Contract Hire or Personal Contract Purchase is the most cost effective and tax efficient way to lease a car. You should, of course, seek car leasing advice from your accountant or a reputable vehicle leasing consultant about this, but this article on Business Or Personal Car Leasing – Which Is Best For Me? offers more information to help you make up your mind.
Check out our Car Leasing Blog for regular helpful tips and advice on Vehicle Leasing and general motoring issues.