In today’s world we believe Finance or Leasing is the most cost effective and safe way to purchase a vehicle. Therefore all our vehicles are bought using a Finance or Leasing option. One of our friendly sales staff can talk you through why, just give us a call.
Each scenario is different, and we can’t predict the market. But for this very reason leasing can be advantageous. It is often the best value way of obtaining a brand-new vehicle and gives you the benefits that come with a new vehicle over an old vehicle; such as - less maintenance, fewer MOTs if any at all, safer, cheaper to run - to name a few.
What happens at the end of your lease is dependent on which type of lease you take out, but all of this will be discussed with you before, during and near the end of your agreement. Use the following links to learn more about
Pick-up Finance, or
More people now recognise that owning a vehicle has very few advantages. Why own something that loses money every day? However, we do offer a form of funding that allows you to own your vehicle at the end of your contract. Speak to a member of our team.
Each agreement would be set up with your anticipated mileage in mind, giving you a deal which is right for you but is also great value. Most funders will also give you the option to increase your mileage after the agreement has started- so, if your situation changes, this can be accommodated.
This is all down to residual values. The advantage of contract hire is that you don’t take any risk on residual value. However, the higher the mileage on a vehicle the lower the residual value will be. This is why the monthly rental would be higher, as it simply allows for a higher level of depreciation. But, once an agreement is set up the rental will not change. So, if the vehicle suffers higher depreciation than expected, you as a customer will not lose out.
This is usually between three and nine times your first monthly rental and is referred to as an initial rental. For example: a 3 year agreement at £200 per month with a 3 month initial rental would be referred to as a 3 35 agreement. The payments would be 1 x £600 then 35 x £200. It’s a great idea to speak to a member of our team as they will create a bespoke quote to match your individual needs.
One of our funders does offer an agreement which includes insurance. It’s called Arval Total Care, click here to find out more - Arval Total Care. However, most people decide to organise their insurance independently.
Yes, everything is kept safe and secure. We only keep details in relation to the agreement or enquiry. Any other unrequired details are deleted. Speak to the team if you have any concerns or take a look at our Privacy Page.