Car Leasing

Car leasing is essentially a long-term rental agreement, offering exclusive use of a car for a set period at a fixed monthly price. Leasing a car lets you avoid any unexpected depreciation costs by offering a fixed monthly payment for the term of the agreed lease. There are various funding methods available to choose from, each with their own pros and cons.

When you opt for leasing, you will typically make a small initial payment, usually equivalent to three monthly installments, at the beginning of the lease. Then each month you pay a fixed monthly payment for the term of the agreed lease. You will have an agreed annual mileage allowance for the lease to meet your requirements (Excess mileage charges will apply if you exceed the contract mileage.) At the end of the lease period (typically two or three years), you simply hand the car back. Some methods of funding (not all) allow you to buy the vehicle at the end of the agreement for a fee, known as a balloon payment, if you wish to keep the car. 

Click here to read our 'End of Contract' guide for more information regarding returning your lease car. 

• As a vehicle leasing brokerage, we deal with the major finance companies who negotiate batch deals with manufacturers. This means we can offer you most competitive rates available, helping keep your monthly costs down.

• When you lease a car, you get a brand new vehicle. Not only are new vehicles much more reliable than used ones, but any issues will be covered by the manufacturer's warranty.

• With leasing, you're only paying for the vehicle's depreciation during the time you have it, not the value of the vehicle itself. Because of this, your monthly rentals are usually lower, meaning you can lease a better spec vehicle than you would have bought.

• Car leasing allows you to manage your monthly expenses effectively, as it offers a fixed monthly payment for the agreed term of the lease.

• New cars don't require an MOT until they are 3 years old. As all of the vehicles we source as brand new, by the time the MOT is due, you'll more than likely have handed it back to the finance company.

When you lease a car, your Road Fund Licence is included, and many manufacturers offer at least 1 years breakdown recovery. It is possible to add servicing and maintenance to most of our car lease deals for an additional fixed monthly cost. 

If a car is readily available in stock, you can expect delivery within approximately 2-4 weeks from the order date. However, the finance company's statutory cooling off period, typically lasting 14 working days, must expire before the delivery can take place. Please be aware that delivery dates are subject to change by the manufacturer, and occasional delays may occur.

For cars not currently in stock, a factory order will be placed, and delivery times may vary. Rest assured, we will keep you regularly updated on the progress of your lease car. It's essential to have all the necessary documentation in place before delivery of the car.

Ultimately, our goal is to provide you with a seamless and enjoyable car leasing experience, from selecting your desired vehicle to its timely and hassle-free delivery. Should you have any questions or need further assistance, our team is always here to support and guide you through every step of the process.

In brief, yes, it is necessary to undergo a credit check or credit search when leasing a car. This is when a creditor examines your financial information by accessing your credit report. This helps to determine your reliability as a borrower and to ensure that you are likely to fulfill your monthly payments for the car. Click here to find out more.