How can personal car leasing benefit you over purchasing?

Author:      Date: 20-03-2014

As the country climbs out of recession, many people and businesses are starting to look at how they can spend their hard earned money. In the last year new car sales have soared, with more than 400,000 sold during September 2013 alone, an increase of nearly 20% on the same month from the year before, and the highest monthly figure since before the financial crisis in 2008.

What Is Personal Car Leasing?

Personal car leasing is where instead of buying the car outright; you lease the car for two or three years before giving it back. The system originated in America and has grown hugely popular there since, where it now accounts for one in four cars in private use. Many people are put off buying a new car because of the high depreciation which can mean you lose a lot of money from your original investment, but personal car leasing takes away this issue.

How Does Personal Car Leasing Work?

With leasing you pay a fixed monthly rate for a set amount of time after you have paid a deposit which you decide before the contract starts. How much of a deposit you pay will be one of the factors which decide how much you pay per month. Once the contract is over you give the car back and the leasing company will sell the car, meaning you never have to worry about the cost of the depreciation and can have a brand new car every time your contract finishes.

Monthly payments for this type of leasing are usually lower than buying the car through finance, but the overall cost can be higher as you don’t see any of the money when the car is eventually sold.

The Benefits Of Personal Car Leasing

Here are some of the main reasons people choosing leasing over buying or finance:

  • Benefit from constantly improving standard specifications
  • Lower fixed monthly payments
  • Like having a vehicle that is always under warranty
  • Like driving a vehicle that has the latest safety features
  • Don't like trading and selling used vehicles
  • Don't want to lose money on high depreciation costs
  • Have a steady income
  • Businesses who want to free up cash flow

Business & Personal Car Leasing From Select Contracts

At Select Contracts we are one of the leading specialists for business and personal car leasing in the UK. We have built up partnerships with many of the biggest car manufacturers, large motor groups and leasing companies around, meaning we can offer some of the most competitive quotes from anyone in our market.

We can give you a quote on any make or model of car or commercial vehicle, with free UK delivery from a national network of dealers and vehicle preparation centres. For more information on any of our cars or services, please get in contact with us by emailinginfo@selectcontracts.co.uk or call 0845 6770 770.

  • Keywords:

PreviousNext
Search By Manufacturer
Featured Work
Pothole peril - UK drivers swerving to avoid bumps in road
Pothole Peril – UK drivers are putting lives at risk by drifting onto the wrong side of the road to avoid bumps in the road. That’s according to damning new research into a worrying trend of dangerous driving in the country. A survey by leading UK firm Select Car Leasing found that a quarter - 23 per cent – of motorists had noticed how ‘other drivers are drifting in their lane or accidentally driving over the middle divider line much more frequently’.
Read More »
Latest Tesimonials
We dealt with Sean Stubbs and he was really helpful from the very first phone call right through unt...
This is my second lease with SelectCarLeasing so I guess that says it all. Lee’s handling of t...
Good service from Jordan - would recommend to friends and family
Having never leased a car I was very uncertain of how the process worked. My Sales Advisor Sam Malik...
Excellent service throughout. Second time using the company and will continue to do so.
Read All Reviews »
 

Call us on: 0118 920 5130

 

Monday to Friday: 09:00 to 19:00   

Saturday: 10:00 to 16:00    

 Follow us on Facebook  Follow us on Twitter  Follow us on LinkedIn  Image result for instagram logo

 

Select Car Leasing is a trading style of Select Contracts (UK) Limited and the firm is authorised and regulated by the Financial Conduct Authority FRN 670832. Select Car Leasing are a credit broker not a lender. VAT Registration No 181 8746 74. ICO Registration ZA076253. Company Number 065690988. Select Car Leasing are proud to be a member of the British Vehicle Rental and Leasing Association (BVRLA) No 1846.

 


Copyright 2019 Select Car Leasing. All Rights Reserved.

Key Partners
Proud Member Of:
Find us on social media

Select Car Leasing is a trading style of Select Contracts (UK) Limited and the firm is authorised and regulated by the Financial Conduct Authority FRN 670832. Select Car Leasing are a credit broker and not a lender. VAT Registration No 181 874674. ICO Registration ZA076253. Company Number 06569098. Select Car Leasing are proud to be a member of the British Vehicle Rental and Leasing Association (BVRLA), No 1846. Registered address: Atlantic House, Imperial Way, Reading, Berkshire, RG2 0TD

© Copyright 2019 Select Contracts UK Limited. All Rights Reserved.

^
Top