Car Leasing News & Blog

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Personal car leasing - your guide to driving a brand new car

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07/06/2017

Personal car leasing - your guide to driving a brand new car

Car leasing, or contract hire has been a great option for businesses for many years but it’s only in recent times that individuals have  realised that leasing a car is a great option for them too.

What exactly is a personal car lease?

Leasing allows you to drive a new car every few years, with relatively low monthly payments and no worries about the car's resale value. You will part with an upfront payment followed by regular monthly payments over a fixed period of time. You can set all of this (within your lease company’s parameters) to ensure the costs fit with your budget.

Leasing a car is usually cheaper than financing a vehicle outright as you are effectively renting the vehicle, it doesn't belong to you.

You will need to pass a credit check to be granted finance to lease the vehicle and have a valid driving licence (of course!).

Car leasing is a great option for many drivers - here’s some more information with our top ten benefits of car leasing.

  1. You're driving a car which is never more than three years old. And you can have a new car every three years.

  2. You know what your monthly car costs are going to be. Especially if you choose the maintenance option.

  3. When you buy a car you're buying the entire car, with leasing you're not, so you pay a lot less.

  4. With leasing you don't have to worry about what happens to the car after three years, it simply gets collected, you can take out a new lease or walk away.

  5. As a lease company we are not trying to sell you a specific make or model. You can choose whatever you want from our website full of deals..

  6. We aren’t trying to sell you a specific make or model, so you get impartial advice on any make or model that we can supply.

  7. You can choose the vehicle and terms which totally suit your budget.

  8. When you lease a car we are on hand to offer your advice throughout your lease period.

  9. Your monthly cost is just one payment covering the car, servicing, road fund licence and maintenance if you choose this option

  10. You are always driving a new car that’s only ever been yours, it’s a great feeling!