What are the benefits of leasing?
After 25 years in this industry, the confusion between what a lease actually is has confused many. Why the finance industry confused this issue who knows! They just did!
First of all let’s deal with the word leasing. To many, the word leasing means you never own the vehicle. This is actually not correct!
The word leasing encompasses many types of finance for business users and private individuals where you can own it at the end if you want to, or not if you don’t want to. There isn’t one leasing / finance agreement in the market place that satisfies all these requirements so with our expertise we can fully explain the differences between each and select the correct funding method to suit your individual requirements.
Here is a list of many features that customers like to have. They don’t require them all but please use the list to help identify the things “you’d like to have” and those “you need to have”. Then call us to help select the most suitable solution for your needs.
Creature comforts we all like to have You want to have a better car than if you were purchasing one outright. You want a new vehicle every 2, 3 or 4 years. You can have the vehicle delivered anywhere in the UK free of charge.
Finance / Taxation Features
You just want to hand it back at the end with no disposal headaches. You want to sell your part exchange to us as part of the process. You don’t want to trail round dealers wondering if you have got a “good deal”. You would like the option of owning the vehicle at the end. You want a younger vehicle with lower running costs. You don’t want to worry about the depreciation of the vehicle. You would like to have the flexibility of changing the vehicle during the agreement with the least cost or no cost to change. You don’t want to be tied to a mileage limitation. You don’t want refurbishments charges when the vehicle is collected. You want to purchase the vehicle over the period of the agreement. You would like to settle the finance on the current vehicle. You want to recover the vat on a car. You would rather not pay the entire VAT up front on a commercial vehicle. You want the maximum TAX relief possible. You want to maximize your written down allowances. You want the maximum VAT relief possible. You want fixed cost for the period. You want low or no deposits to help cash flow. You want affordable monthly payments.
Vehicle Administration Features
You can extend your agreement at the end of the primary period. You would like to include the service costs in the agreement. You would like to include the cost of tyres in the agreement. You would like to include AA or RAC for the duration of the agreement. You would like to include GAP insurance for peace of mind. You want to put a private registration on the vehicle. You want to take your vehicle abroad on holidays.
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