Personal Car Leasing
Discover more about personal car leasing with Lincoln Vehicle Solutions
What is Personal Car Leasing?
Very similar to renting a car, car leasing is a fixed term agreement that allows you to order a vehicle of your choosing, make, model, and all the specific options you would like. Contracts normally run between 24 and 48 months and are tailored to your needs in terms of the mileage required.
At the end of the lease agreement, you simply return the vehicle and start your next vehicle lease if required.
An increasing number of people are choosing car leasing as the most cost-effective way to finance a new vehicle without hefty upfront payments. With fixed terms and payments, leasing offers a great way to manage your personal finances efficiently.
Advantages of Personal Leasing
There are a few elements that should be noted when looking at personal leasing:
- Flexible initial payment
- Fixed term contract
- Fixed mileage contract
- Fixed cost motoring
- Flexible profiles to suit you
- You only pay for the use of the vehicle
- At the end of your contract simply hand the vehicle back
- Option of including maintenance with the contract
- No depreciation or disposal risk
Disadvantages of Personal Leasing:
There are plenty of advantages to personal contract hire, but like most financial agreements there are some disadvantages to look out for:
- The vehicle must be returned in a well maintained condition
- Early termination can be expensive
- You must have fully comprehensive vehicle insurance
- You will never own the vehicle
Your Personal Leasing Questions Answered
Personal leasing, also known as personal contract hire is a form of car finance where you pay a fixed monthly fee over a set duration of time. Contracts can range in length, typically between 24 and 48 months and mileage is chosen by you at the beginning of the contract.
One key difference from renting a car is that with leasing you can choose the exact make and model of the vehicle along with your preferred options on the car, including the colour of the vehicle.
A vehicle lease from Jacksons Leasing, whether for business or personal users, will include free mainland UK delivery, full manufacturer's warranty and road tax for the duration of the contract.
Servicing, tires, and full breakdown cover can be added to your agreement for a fixed monthly price for peace of mind.
We work hard to find the very best deals available in the UK, you can view all our special offers page or get in contact with us and we can help you find the perfect vehicle.