Personal leasing is more often than not, the most efficient and cost effective way of personally using a vehicle.
Leasing is no longer restricted to business users, but now anyone. In fact, 60% of the business we underwrite is for personal users. Beit second cars, boys toys are whatever – year on year personal leasing is the biggest growing sector of the automotive industry. Personal leasing is more often than not, the most efficient and cost effective way of personally using a vehicle.
Leasing is no longer restricted to business users, but now anyone. In fact, 60% of the business we underwrite is for personal users. Beit second cars, boys toys are whatever – year on year personal leasing is the biggest growing sector of the automotive industry.
There are two main types of personal leasing:
Personal Contract Hire & Personal Contract Purchase
Fundamentally, the difference between the two is that with PCP, you have the option to purchase the vehicle at the end of the contract, should you wish to do so.
Personal leasing is one of the best ways of getting a new vehicle, for the following reasons.
1. New car every 2 or 3 years
2. Fixed cost motoring
3. No depreciation risk
And the process is very simple. You just pick the make and model, decide on your preferred contract and submit the finance application.
Once the application is approved, we order the vehicle for you (with your choice of colour and spec) and deliver it to your front door once it becomes available.