Personal Car Leasing Explained

At Select we offer leasing contracts from 24, 36 and 48 months, with the term determined by you at the beginning of your contract, to suit your lifestyle and needs.

While the selection of vehicles and deals are more restricted, short-term lease contracts are available on a variety of models, from 3, 6 and 12 month contracts. You can find out more on our short term leasing page.

Yes, Select Car Leasing offers used car leasing - and it's an option that's growing in popularity in the UK. The vehicles themselves are often called 'Re-Lease' cars, in that they've been through one or two cycles of leasing with previous customers before being returned to the market. Nearly-new used lease cars are typically between 2, 3 or 4 years old and come with a varying amount of mileages on the clock. They're typically much cheaper to lease than their brand-new counterparts and optional servicing and maintenance plans are also available.

The three types of car leasing are:

• Personal Contract Hire (PCH) - View our PCH Guide
• Hire Purchase (HP) - View our HP Guide
• Personal Contract Purchase (PCP) -  View our PCP Guide

Leasing offers you a practical, affordable way to drive the latest vehicles from a wide range of manufacturers, with the ability to swap out to a newer model at the end of contract. With your contract length, initial payment cost, and mileage limit all flexible and customisable, you can ensure that your lease fits perfectly with your needs and lifestyle, rather than having to adapt to what the car can do.

Due to the sheer variety of manufacturers available, leasing can be suited to a wide variety of customers, whether you're looking for a family SUV for the school run, or a sturdy off-roader to drive you into a new adventure. If you want to drive a brand new or used car without having to worry about the depreciation of the vehicle long-term, leasing could be the best choice for you.

Find out more about how leasing could fit your lifestyle in our complete lifestyle driving guides.

Personal leasing contracts for brand new vehicles automatically include breakdown cover, your road tax is paid, and you're backed by a manufacturer warranty - just like you would if you purchased a new car outright. 

A leasing contract does not, however, include motoring insurance which will need to be sourced separately, or servicing and maintenance, unless you take out a maintenance package alongside your lease. To find out more, check out our maintenance guide.

When leasing a vehicle, you are temporarily taking control of the vehicle- however you are not the legal owner. A lease car is on loan from a funder, to whom the vehicle will return at the end of contract, when you'll be presented with the opportunity to take out your next lease. With car leasing, there is no option to purchase the vehicle at the end of your contract.

You'll require a drivers licence in order to lease a car, alongside proof of identity, address, and ability to pay the monthly cost of a lease vehicle, usually in the form of a credit check. Anyone who drives the lease vehicle will require insurance, organised separately to the lease contract itself.

Insurance for your lease vehicle will need to be organised separately to the leasing contract, with insurance commencing on the day of delivery to ensure you and others are protected in the event of an incident. To find out more about car leasing insurance, check out our insurance guide.

To lease a car in the UK, you must hold a full UK drivers licence, and be a resident of the UK. Once you enquire, you'll be asked for evidence of ability to pay the monthly lease charges, usually in the form of a credit check, with a minimum of 3 years employment (or education) history. 

Want to know more about what you need to take out a lease? Check out our guide on what documents are required for leasing.