Personal Car Leasing Blog

Personal car leasing is one of the most popular ways in which people purchase and finance their new cars here in the UK. There are a number of reasons that leasing your new car as a private customer is both popular and also a very viable way for people to buy and finance their new car. This includes things such as peace of mind, as all car leased through us are all brand new and come with full manufactures warranty. Car leasing can also be useful in helping you plan your finances as the monthly payment remains the same for the duration of your agreement.

When it comes to financing your new car on a personal car leasing agreement there are a number of different finance deals available. This includes options such as PCP (Personal Contract Hire), PCP (Personal Contract Purchase) and Hire Purchase. Each one of these finance options offer you a slightly different option and all allow you to get on the road in a brand new car, subject to you passing a credit check. For more information on the various finance options, please click here.

This short video from Mercedes explains briefly how their leasing works

Personal car leasing has been around for many years now and it is easy to see why nearly 80% of new car purchases for private customers are purchased in this way. For many people it’s nice to know that you can update or upgrade your car every couple of years and it is this flexibility that is appealing. Personal leasing is available on a wide variety of cars from nearly all manufactures and here at Car Leasing Online we have been helping to get customers into new cars for over 10 years. It is this extensive experience that allows us to pride ourselves on our service levels and pricing – ┬ámeaning that our customer get the car that they want at the price they want.

If you are new to personal or private leasing and need any help, advice or guidance on the whole process or if you have any questions please do give us a call on 0151 356 5629 and one of our car leasing experts will happily explain the process for you in detail.

Personal Car Leasing Advice

September is one of two months in the year when new cars and registrations take place and if you are looking for a new car, now is a good time to start thinking about the make and model you would like to buy. Quite often, new cars that are going out and being sold on personal lease can take up to 6 weeks to be delivered from main dealers and this is why August is a good month to start thinking about your next new car.

When leasing a car on Personal Car Leasing there a number of points to consider. These include:

How long do you want the car for?

This affects the monthly payments as how old the car is at the end of the agreement affects its long-term residual value and has to be taken into consideration when working out the monthly payments.

How many months initial rental do you want to put down (Pay)?

The initial deposit or up-front payment as it is sometimes known as, is often 3, 6, 9 or 12 x the monthly rental and this payment has an effect on much your ongoing monthly rental will be. As a general rule, the larger the initial deposit the less the ongoing monthly payments will be.

What sort of annual mileage will you do each year?

The annual mileage has large effect on the residual value of the car and this is considered and influences the monthly rental cost.

The process involved in leasing your new car is fairly simple once you know what car you want. You can either then find the car and deal you would like here on our website and apply or give one of our car leasing experts a call, then we apply for finance and once this has been approved we can then start to look at a delivery date.

All cars that come from Car Leasing Online are brand new and come direct from dealerships from across the UK and are delivered free of charge to your home or work address. One of the key benefits of leasing a new car via Car Leasing Online is that your monthly payments remain the same throughout the duration of rental and this can help you plan your monthly outgoings. The only extras that need considering are insurance and fuel, as would be the case with any other vehicle.

If you have any questions or need any advice on choosing your next car then please do give us a call on 0151 356 5629 and one of our team will be more than happy to help.