New Vehicles Direct Ltd

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How leasing works

A lease is essentially a long-term rental agreement, offering exclusive use of a car for a set period at a fixed monthly price.

As a business, this is the most cost efficient method of funding the vehicles as it takes advantage of the tax and vat regulations to reduce the whole life running cost of your vehicles and is supported by the buying power of the finance company, to assist in reducing the cost even further.

The greatest cost of running any new car is depreciation, and many new cars will lose more than half their initial value after the first three years of ownership.

Leasing explained

Leasing a car lets you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease.

Unlike dealer finance or bank loans you only pay for the depreciation of the vehicle over the term rather than the full capital value.

Rather than pay large deposits you simply pay a small initial amount, usually equivalent to three monthly payments, at the start of the lease.

Then, at the end of the lease period (typically two or three years), you simply hand the car back. The job of selling the car and picking up the tab for depreciation is the responsibility of the lease company.





New Vehicles Direct


Manufacturers


Abarth car leasing
Alfa Romeo car leasing
Audi car leasing
BMW car leasing
Citroen car leasing
CUPRA car leasing
Dacia car leasing
DS Automobiles car leasing
Fiat car leasing
Ford car leasing
Honda car leasing
Hyundai car leasing
Jaguar car leasing
Jeep car leasing
Kia car leasing
Land Rover car leasing
Lexus car leasing
Maserati car leasing
Mazda car leasing
Mercedes-Benz car leasing
MG Motor UK car leasing
MINI car leasing
Mitsubishi car leasing
Nissan car leasing
Peugeot car leasing
Porsche car leasing
Renault car leasing
SEAT car leasing
Skoda car leasing
Smart car leasing
Subaru car leasing
Suzuki car leasing
Tesla car leasing
Toyota car leasing
Vauxhall car leasing
Volkswagen car leasing
Volvo car leasing

New Vehicles Direct Ltd are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 915535

Registered in England & Wales with company number : 10516714 | Data Protection No : ZA793908 | VAT No : 259 0537 88

Registered Office : 24 Gilfach Y Gog, Penygroes, llanelli, Carmathenshire SA14 7RJ

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

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