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How Leasing works

​A lease is essentially a long-term rental agreement, offering exclusive use of a car for a set period at a fixed monthly price. As a business, this is the most cost efficient method of funding the vehicles as it takes advantage of tax and VAT regulations to reduce the whole life running costs of your vehicles and is supported by the buying power of the finance company, to assist in reducing the cost even further. 

​Contract hire agreements will usually include road fund licence and roadside assistance for the duration of the contract. Maintenance / servicing can also be included if required

​Leasing Explained

  • Leasing a car lets you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease
  • Unlike conventional purchase loans, you only pay for the depreciation of the vehicle over the term rather than the full capital value
  • Rather than pay large deposits you simply pay a small initial amount, usually equivalent to 3 or 6 monthly payments, at the start of the lease.
  • Then at the end of the lease period (typically 3 or 4 years), you simply hand the car back. The job of selling the car and picking up the tab for depreciation is the responsibility of the lease company – thus protecting you from any possible loss in value vs. market value of the car in the future.

If you would like to look enquire over a certain model for your business please contact our team and they will find the best vehicle for your business.

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