Car Leasing Specialist - Ultracar.co.uk

Personal Leasing

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 (sometimes contracts can be constructed over 12 months right upto 60 months)
2. Fixed cost motoring - A personal leasing rental is extremely unlikely to change throughout the contract
3. No depreciation risk - the finance company assumes the risk for any depreciation on the vehicle. If all of a sudden, the value of the car is halved - its not your problem.

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.

A short time before your vehicle is returned, we will contact you to arrange another.

Simple as that!

Due to customer demand, we have created a selection of documents which will help you to decide if personal leasing is for you or not.

If you think there should be an article here, or some additional information which you cannot find, please do not hesitate to contact us and we'll add it.

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