Love having a new car every few years? Crave that new car smell? Then leasing, also known as Personal Contract Hire (PCH) or Business Contract Hire (BCH), is the most affordable, convenient and hassle-free way to drive a brand new car.
Leasing a car is just like renting anything else. If you rent a house or flat, you pay a deposit, then you use it for an agreed period paying a set amount each month. Once the contract ends, the property reverts back to the landlord.
It’s the same with vehicle leasing - you chose which brand new car you want, how long you want the car for (2, 3 or 4 years), what payment you can afford upfront (normally 1, 3, 6, 9 or 12 months initial payment) and how many miles you think you will drive. Then find fixed monthly payments that suit your budget. It’s a long term rental agreement so you won’t be purchasing the car, you simply return it at the end of the lease term and get another brand new one if you’d like. Simple and hassle free!
Auto Lease Compare allows you to compare lease deals and get behind the wheel of your brand new car in just a few simple steps, putting the best prices available at your fingertips in a matter of seconds.
1. Search for your perfect car
Compare lease prices quickly and easily. Select the make, model, specifications and the initial payment which suits you. Compare millions of deals from top leasing companies to find the best price and package to suit your needs.
2. Send an enquiry or call direct
Through our website you can send an enquiry or call the leasing company directly (free of charge) to discuss all the details and agree on a personalised deal.
3. Place your order & take delivery
Once you are happy, place your order with the leasing company. Vehicles can be delivered straight to your door (free of charge mainland UK) or collected. That’s why the leasing providers office location doesn’t matter – they will do the hard work for you!
4. Monthly payments & return car
Pay a set amount each month, generally over 1, 2, 3 or 4 years (depending on the contract length of the lease agreement). At the end of the contract, simply return the vehicle to the leasing provider (they will collect the car free of charge), then, get a brand new lease car if you like – simple!
Still got a question? Take a look at our FAQ section for more information about car leasing.
Cheap and hassle-free
You can drive a brand new car every few years which you never thought you could afford. Once the contract lease period finishes on your lease agreement you can get another brand new car - simple and hassle-free. There's also no hefty financial loan to buy the car.
Fixed monthly payment and flexible initial payment
Fixed monthly payments, which are cheaper than buying a car on finance (PCP). You can also choose how much you want to pay upfront (normally 1, 3, 6, 9 or 12 months initial payment).
Contract length of your choice
You can choose how long you want the car for – contracts lengths are normally 2, 3 or 4 years.
You can enquire or call to get a quote in minutes, then the leasing provider will be in touch to go through a quick credit check.
Manufacturer’s warranty is included with your lease deals free of charge. Most leases let you drop your car off at the garage for no extra cost if something goes wrong.
Lower maintenance costs
Much lower maintenance costs - breakdown cover often comes as part of the package (covered under manufactured warranty), servicing sometimes too if you included a maintenance package as part of the agreement.
No MOT required
New cars do not need a MOT in the first three years of their life.
Road tax included
Road Tax included as part of your lease agreement free of charge.
Avoid depreciation costs
Avoid deprecation costs if you were to buy the vehicle. This lowers the risk of owning a depreciating asset.
Vehicles can be delivered straight to your home free of charge (mainland UK).
On the other hand, leasing might not be the best option if you:
- Want to own the car at the end of the contract.
- Are considering a used vehicle, instead of new.
- Can arrange maintenance & servicing yourself.
- Aren’t confident you can make payments for the full term.
- Personal information - your marital status, dependants, age (at least 18 years old) and a copy of your passport or driving license.
- Proof of address/ employment history - utility bills or bank statements will work.
- Financial Details - bank details including monthly income.
- Credit Score – you will need to pass a short credit check. You can pre-check your credit score here
If you have recently relocated to the UK, your application will need to be looked at in more detail – typically the finance provider will need more information from you as it will be harder for them to identify your credit outside of the UK – as always, please discuss this directly with the leasing provider to find out your best options.Documents that could be requested for a person recently moved to the UK:
- Annual bank statement or account summary showing at least 6 months of payments received or spending in the UK.
- Proof of residence in the UK such as a tenancy agreement or residential mortgage statements.
- Contract of employment or an employer letter confirming employment with evidence that the employer is genuine (for example, their Companies House number).
- Proof of UK bank account, such as bank statement showing your full name and address.
Generally, you do require a good credit score to pass the credit check finance companies will perform to ensure you are able to repay the monthly payments. We have partnered up with a trusted Credit Score check company who offer you a 14 free day trail to check your credit score – after this you can pay a monthly fee to continue to monitor your credit score. If you have any concerns about your credit score please discuss this with the leasing company directly to ensure they can provide the best options.
Alternatively, if you know you have bad credit or have already been refused finance, we have partnered up with a number of leasing companies who deal exclusively in Adverse Credit Leasing. Please note that the deals they provide are usually at a premium due to the risk factor of a bad credit score but it is not impossible to find a car that suits you. These leasing companies can also provide a bespoke deal for you – depending on your personal circumstance – so if you don’t see a deal that you like straightaway send them an enquiry to discuss your options with them directly
If your questions are not included in the above, please send us an email to firstname.lastname@example.org and one of our friendly team will be happy to help you.