If you are looking to lease a vehicle or a whole fleet of vehicles then TrackCompare.co.uk is the best place to start. We work with the top UK leasing companies to give you a fast and easy way to compare prices and get quotes. Simply select the make and model of car or van you are interested in, tell us how to contact you and we will do the rest.
What is Car Leasing?
Buying a car on a lease is more popular than ever and gives you the opportunity to drive a new car without the large initial outlay associated with buying a new car.
When you lease a vehicle you do not actually own it, but instead rent it on a long-term basis from the lease company. Lease vehicles are usually offered with a maintenance package giving you the peace of mind that all the costs of repair and maintenance will be covered by the leasing company. Road tax (VED) is also usually included for the term of the rental.
Advantages of Car Leasing
- If you use your cars only for business purposes then you can claim back 100% of the VAT.
- If you use your car for business and private use you can claim back 50% of the VAT.
- Low initial outlay in comparison to buying a vehicle.
- The cost is fixed, as you pay a set amount each month and return the vehicle when the term is complete.
- Lease cars are not considered an asset of a business and therefore is not taxable.
- When the lease term comes to an end there is no need to spend time selling the vehicle, you simply hand it back to the leasing company.
Tips For Leasing A Car
As with any large purchase do your home work first, find out which make and model best suits your needs and budget. Look out for offers, manufacturers often promote certain models and lease companies secure large stocks which they offer extra incentives for. Consider what is included in the lease deal, hands free, Sat Nav and metallic paint are just some of the features popular with leasing customers.
Importantly think about what mileage you will be doing on average each year, higher mileage makes the cost of leasing much greater and if you run over your agreed limit the penalties can be expensive. Finally save yourself time and money by using TrackCompare.co.uk, either search for the make and model you require or visit our special offers sections to find great deals on class leading vehicles.
