Vehicle Leasing is quickly becoming a more popular method for people that want to drive away a brand new car without spending thousands of pounds in one go.
Leasing is simple and can be tailored to you. Once you have picked your desired car, simply let us know how long you would like the vehicle for, the annual mileage you require and the amount you would like to pay up front (or initial rental cost) and we can work out the agreement cost, usually paid back in fixed monthly instalments.
At the end of the agreement you simply hand back the vehicle to the leasing company without the worries of depreciation and sell-on values. You just need to make sure the car is returned in a legal, roadworthy condition, free from any damage apart from fair wear and tear, all of which would be explained to you before signing the agreement.
You have the choice to include all routine maintenance, tyres and breakdown for a fixed monthly cost and in addition to this, you will not even have to worry about taxing your car as the road tax is included for the duration of your agreement.
It is an option available to both personal and business customers. To those business customers that are VAT registered, under HMRC rules, you can claim back some of the tax you pay during your lease. Under current legislation, you can claim 50% of the VAT paid on your finance and a further 100% of any VAT that's paid on maintenance.
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