What are the benefits of leasing a car?

Picture the scene: your car has stopped working or simply no longer meets your needs, leading you to contemplate buying a new car. However, have you thought about possibly leasing your next car instead – a process also referred to as personal contract hire or PCH?

This measure would entail agreeing to pay a car manufacturer or finance company a fixed monthly price over a set period in order to keep using a particular car. At the end of the lease period, you would hand back the car. So, what major benefits could you get from this arrangement?

The choice of car models can be much better

If you’re looking for a new car right now, you probably want one noticeably better than the one you already have. Nonetheless, your finances could throw something of a spanner into the works there.

When you limit yourself strictly to car-buying options, your budget might only stretch to essentially a newer version of what you already have. However, as car-leasing companies have access to top-drawer deals from major dealerships, looking into leasing could enable you to choose from a wider range of cars. For example, if you want an electric car, you could pursue Tesla lease deals.

Improved reliability, features and technology are within reach 

When you lease a car rather than buy one, worries about your vehicle potentially breaking down at inopportune times can be a thing of the past. This is because, in leasing a car, you will be able to get hold of an all-new model that, naturally, is likely to be more reliable than a pre-owned one.

Getting a brand new car would also enable you to benefit from especially modern features and tech during your automobile journeys. So, a leased car can – compared to a bought one – prove more effective at things like synchronising with your smartphone and helping to prevent crashes.

You can avoid putting too many financial eggs in one basket

When you hit the road with a new car, its value will drop by 15-30%, says the Retail Motor Industry Federation – and, a year after you buy this car, it could end up with 40% less of its original value.

It’s hardly a wonder that the petrol-industrialist businessman J Paul Getty once advised: “If it appreciates, buy it. If it depreciates, lease it.” It’s a philosophy worth applying to getting your hands on a new car, enabling you to do so without committing too much of your hard-earned money to it.

Unexpected costs are also easier to avoid

When you sign up for a car-leasing deal, you can have a better idea of how your motoring costs will shape up over the next few years – as those expenses will all be accounted for in the deal.

Hence, you won’t have to fret about setting aside extra money for, say, a Road Fund licence and breakdown cover – and you could add a maintenance package to the deal, too. This would help you to avoid having to replace the likes of timing belts and air-con units during the lease period.

7 Reasons Why Used Car Leasing Makes Motoring Sense

We all know that motoring can be an expensive business, but there are many different ways that you can ease the burden on your pocket, and make sure you enjoy motoring for what it is. You want to lap up the joy of the open road, not worry about fuel and repair costs, or the residual value of your car. So in that sense, you probably already know that car leasing can be a more cost-effective option than buying a car, but have you considered used car leasing?

Used or pre-owned car leasing works exactly the same way as new car leasing, except for the car itself. Typically this will be an ex-lease vehicle that has had one previous user so it is likely to be between one to three years old and with only a few miles on the clock. You can certainly pick up a
bargain if you are looking for a used car leasing deal, so let us explain why it makes motoring sense.

Used car leasing is cheaper than new car leasing

The majority of a car’s depreciation occurs in the first 12 months of its life. A brand new car will rapidly lose value as soon as you drive it, and so if you come to lease a used car that is, say, two or three years old, it represents less risk to the car leasing company. Therefore, they can afford to lease it at a much cheaper rate than a brand new car.

The best cars are hand-picked for used car leasing

Car leasing companies will hand-pick their very best cars for used car leasing, because they have to offer a product that represents value for money. Used cars will also undergo rigorous health checks and servicing prior to being put on the lease market, so you can be assured that a used car made available for lease is in good condition and will provide you with good value motoring.

Available now

You are choosing to lease a car that is pre-owned, and hence there are no options to choose a new colour or order special in-car technology enhancements. The car is available how you see it, and hence, it is available straight away. Everyone can relate to the excitement of driving off in a new car, and used car leasing is the best way you can achieve that as quickly as possible.

Choose your terms to suit

As there is less value tied up in a used car the car leasing company can be more flexible with regards the term of the lease agreement. This means that you have more scope to choose the lease period that suits you; either longer or shorter in length.

You can also have more choice of mileage restrictions. It is possible the lease company will allow you a slightly higher mileage than for a new car, because the majority of the car’s depreciation has already taken place. You will also have more flexibility over the deposit you pay. This could be lower than normal as there is less value tied up in the car, so it carries less risk for the lease company.

Warranty is still valid

There is often a remaining period of warranty on a used car, and this can be transferred to you as the new user of the car. It always offers you peace of mind to have your motoring covered by a warranty, and it is possible that you can negotiate an extended warranty period with the lease company, or where no warranty is remaining you can agree a short period to cover you for the first six months of the lease, or a comparable period.

Maintenance included

Most used car leasing deals have service and maintenance packages included in the fixed monthly payment you make. This can save you money over the lease period, but is also a convenience, in that you know exactly what your regular motoring costs will be and can budget accordingly.

Shop around

With used cars there are many more variables that can differentiate one car from another in terms of value. This means there are more options if you want to shop around. If you want a specific mileage for an age of car, you are sure to find it somewhere, and probably with the colour and internal spec that you want. But if age is more important than mileage, and you really want some remaining warranty on the car, you will be able to find that too.

Used car leasing is really on the increase, and it means the pre-owned car market has had a new lease of life, so now is a great time to consider used car leasing for your motoring needs.

4 Things to consider before leasing your first car

Thinking about leasing a new car? Knowing what you are getting into financially is an important part of leasing a vehicle and so here are some top tips taken from CarLease UK who suggest customers should be sure you think about these 4 important things before leasing your new car online!

Budget Limitations…

Setting a budget for leasing a car is just like setting a budget for buying a new car. Knowing which car you can afford to lease is a very important part of leasing but, don’t be swayed by on screen prices, there are additional cost considerations to consider when taking out a lease car agreement… Find out more below!

Annual Mileage…

If you are a personal leasing customer then the process of working out how many miles you drive a year can involve a little maths and some averages. If you consider your daily commute, weekly obligations and family outings as well as any particular long distances you can always come up with an estimate, or you can use the Government MOT checking website to see how many miles you do each year between MOT tests. Take an average of these readings and then use this as your basis for leasing a car. Be sure you check out any over mileage penalties which may occur if you go over the agreed mileage.

Servicing, Insurance and Maintenance…

Once you know more about your annual mileage you can then start to think about the length of the lease car agreement and as such any servicing obligations and insurance premiums which you will have to pay on top of the monthly premiums.

Vehicle Practicality…

A car which is fit for purpose is by far the best vehicle which anyone could lease. Choosing between petrol or diesel, electric or hybrid, estate, saloon, SUV or 4×4, even convertibles and city cars can all become factors in choosing the right lease car for you, your families and lifestyle needs. Ultimately choosing the best lease car deal possible at a time in which you want your lease to begin can mean that some cars are more appealing than others when weighing up affordability and user-ship.

Leasing a car for the first time can sometimes involve playing with numbers and most importantly working out monthly budgets, for some people this can be a bit of confusing.

4 Things to consider before leasing your first car

Thinking about leasing a new car? Knowing what you are getting into financially is an important part of leasing a vehicle and so here are some top tips taken from CarLease UK who suggest customers should be sure you think about these 4 important things before leasing your new car online!

Budget Limitations…

Setting a budget for leasing a car is just like setting a budget for buying a new car. Knowing which car you can afford to lease is a very important part of leasing but, don’t be swayed by on screen prices, there are additional cost considerations to consider when taking out a lease car agreement… Find out more below!

Annual Mileage…

If you are a personal leasing customer then the process of working out how many miles you drive a year can involve a little maths and some averages. If you consider your daily commute, weekly obligations and family outings as well as any particular long distances you can always come up with an estimate, or you can use the Government MOT checking website to see how many miles you do each year between MOT tests. Take an average of these readings and then use this as your basis for leasing a car. Be sure you check out any over mileage penalties which may occur if you go over the agreed mileage.

Servicing, Insurance and Maintenance…

Once you know more about your annual mileage you can then start to think about the length of the lease car agreement and as such any servicing obligations and insurance premiums which you will have to pay on top of the monthly premiums.

Vehicle Practicality…

A car which is fit for purpose is by far the best vehicle which anyone could lease. Choosing between petrol or diesel, electric or hybrid, estate, saloon, SUV or 4×4, even convertibles and city cars can all become factors in choosing the right lease car for you, your families and lifestyle needs. Ultimately choosing the best lease car deal possible at a time in which you want your lease to begin can mean that some cars are more appealing than others when weighing up affordability and user-ship.

Leasing a car for the first time can sometimes involve playing with numbers and most importantly working out monthly budgets, for some people this can be a bit of confusing.  Check out the CarLease UK Blogs to learn more about leasing.

Continue reading 4 Things to consider before leasing your first car

Top 10 Prestige Cars to Rent

For many people, renting a vehicle is a matter of convenience, whether it’s exploring a foreign country, moving house, test driving a car to get a feel of it before you buy it, or simply getting from A to B.  However, car rental can also afford you the opportunity to get behind the wheel of the type of motor that’s out of reach for the majority, such as the latest supercar or a vintage vehicle from the 1930s. Although such vehicles are not typically listed as available for hire there are companies who can supply them on request.

In this article we take a closer look at 10 cars that offer that extra touch of class for your special occasion, whether it’s a wedding, a graduation or simply an event where you want to make a big impression.

1. Bentley GTC Continental

Bentley_Continental_GTC_Speed_20090720_front-1One of the most refined and elegant of British cars, the Bentley GTC Continental is a soft top tourer that offers a great driving experience alongside classic looks and elegance. It’s been available since mid 2003, and features a series of different models and configurations.

The twin-turbocharged V8 outputs more than 500 bhp while managing some impressive eco-credentials, but those looking for a car to make a statement will be happy with any of the magnificent machines available. Considering the vehicle’s solidity and size, it can speed to 60 mph in a touch under 4 and a half seconds, placing it firmly in the top bracket of rapid luxury cars. With an 8 speed gearbox and electronic management, the GTC Continental offers a smooth, easy drive with some serious power at your disposal.

The Bentley name often suggests a certain stuffiness belonging to an older era, but this latest offering is anything but bland or dated. It has sporty features and contemporary fittings, such as LED lights and a spoiler, while its internal fittings retain the luxury and class you’d expect from this marque. With elegant dark wood trim and classic leather interior furnishings, the Bentley is a car that offers thrills and luxury in equal measure.

2. McLaren MP4-12C

If you are lucky enough to get your hands on one, the McLaren MP4-12C may just be the most thrilling rental car available. Hitting the roads in 2011, more than a decade after the F1 concept car was withdrawn from production, the MP4-12C has added to McLaren’s growing legacy as manufacturer of the greatest supercars of the modern era. With a staggering top speed well in excess of 200 mph and a 0-60 time of 3.1 seconds, the power and visceral impact of this 620 bhp supercar are near impossible to beat.

The two door coupe is blessed with astonishing 21st Century looks too, its carbon fibre shell styled with sleek curves and lines to give it a dynamic kerb appeal. Inside, the manufacturer has created a so-called driver zone that is space age in appearance and functionality. With an abundance of safety features and superlative road handling, the limitless power is well controlled, with great performance throughout the gears. It is built for track days and racing, of course, but to make an impact on a special occasion, the throaty roar and magnificent looks of the MP4-12C are very difficult to surpass.

3. Mercedes S Class

German automotive giant Mercedes has produced many great cars over the years, and the modern S Class is up there with the best. It’s ideal for weddings and special events, either as a fitting alternative or stylish accompaniment to the more traditional Rolls Royce or Bentley. With loads of interior space, luxury finishes and great kerb appeal, the S Class blends German efficiency with elegance and refined touches.

In driving terms, the S Class is excellent. Superb suspension and handling mean that the cars are a pleasure to drive, while the range of engines offers power and precision driving. The German giant has even built a range of frugal diesels that can top 60 mpg if you’re seeking economy to go with the high levels of refinement. While the S Class won’t rival a supercar for speed or acceleration, the wonderful ride and fantastic looks more than compensate. This is a grown up car that will thrill with its drive experience every bit as much as its sportier competitors.

4. Aston Martin DB range

A name synonymous with both the golden age of British motoring and the modern era, various generations of Aston Martin have turned heads as iconic cars driven by James Bond. From the 1960s DB5 to the exclusive DB10, the manufacturer has offered vehicles which scream style and cool from the movie screen to the open road. Hiring a “Bond car” will give you a terrific Aston Martin driving experience and one which is guaranteed to appeal to almost every motorist.

The DB5 boasts classic lines and a kerb appeal that’s hard to top, while the DB9 adds contemporary supercar looks to the range. The latest models boast top speeds above 190 mph, while retaining the instant recognition and stylish touches honed from more than 100 years of manufacturing history. Aston Martin is a worldwide icon, and the chance to drive one of the classic models is hard to resist; with effortless handling and luxurious interior touches, arriving in one of the DB range is a great way to make a superb first impression. You can enjoy an Aston Martin Experience by

5. Lotus Elise S1

The smallest car on this list, the Lotus Elise series 1 punches far above its weight when it comes to striking looks and incredible performance, making it a brilliant car to take out on the open road or track. The car was first released in the late 1990s and yet boasts a look perfectly suited to today’s motorist. It is extremely light, its aluminium chassis and pared down design bring the car in at a fraction over 730 kg.

Unlike many of the other cars on this list, the Lotus doesn’t boast huge power, but it doesn’t need to – the S1 can hit 125 mph from a modest 1.8 litre engine and just 118 bhp. Road handling is magnificent, making this a driver’s dream; it sounds and feels vastly more powerful than its bare numbers would suggest, and offers a stunning visual to boot. It is minimalist inside and offers far fewer refinements than competing vehicles, but then very few of its rivals can offer the sheer enjoyment of the S1 out on the road.

6. Lamborghini Gallardo LP560-4 Spyder

Supercars don’t come much cooler than this. The Lamborghini Gallardo Spyder offers a sumptuous performance and driving experience with a classic Italian look that will turn heads on and off the road. Simply firing up the engine reveals the delights to come, and with a top speed over 200 mph the Gallardo backs up its kerb appeal with all the power and blistering speed you could need.

The V10 engine puts out over 550 bhp, and with a zero to 60 time of less than 4 seconds, the Gallardo is extremely quick off the mark. However, the superb lines and fabulous Lamborghini looks mean that this car will get everyone’s attention even at low speeds. The driving position is perfect, and you’re surrounded with stylish touches and sumptuous finishes at every turn. With an array of safety features, such as stability control, handling the Gallardo is straightforward, and the easy power gives the driver an unmissable experience. This is simply one of the finest supercars ever produced, and one that’s well worth experiencing, even for a few hours.

7. Morgan Plus 4

A remnant of the classic motoring age, when gentlemen took to the roads in style. The Morgan Plus 4 is a beautiful car, with the ultimate in post-War visual appeal complemented by a great driving experience and no shortage of fun. The car was initially produced in 1950, and can top 100 mph with ease. Its four cylinder engine is not sluggish either, capable of reaching 60 mph in under 10 seconds; impressive performance in a car of its vintage.

There have been various models of the Plus 4 over the years, including a version released in the early 2000s. However it’s the older models which offer the most striking appeal; two seater motoring doesn’t come much finer than this. Of course there are few of the refinements of the modern luxury car, but the timeless looks, smooth ride, and surprisingly good performance outweigh any lack of hi-tech features. The on-road experience is excellent, and the car itself makes a fantastic statement, epitomising British motoring elegance.

8. Porsche 911 997 Turbo Cabriolet

The 997 is one of the newest versions of the classic 911 series, and has a power and style all of its own. From the blistering sub 4 second 0-60 time to the top speed above 190 mph, this modern supercar can rival the thrills of any of its competitors. With its distinctive shape and guttural sounds pouring out from the 470 bhp engine, the 997 Turbo Cabriolet is a real eye-catcher. There are few motoring thrills that offer more appeal than taking this classic sports car out for a spin and putting the foot down on a clear road.

As with many cars on the list, the 911 is a car best enjoyed solo or with great company on the open road; its tight interior and low road position add to the enjoyment and make driving this superb sports car an absolute joy. Forget practicality and convenience, this is one rental car that is to be savoured for its driving experience alone. You’ll get plenty of admiring glances to boot, though mainly from drivers trailing in your wake!

9. Ferrari 458 Spider

Another in a long line of superlative Italian sportscar manufacturers, the Ferrari name has been synonymous with driving thrills since the late 1920s. Its founder, Enzo Ferrari, passed on his dream of racing glory to establish what would become one of the world’s premier automotive powerhouses.

The 458 Spider was named as Supercar of the Year in 2009, and with good reason; a top speed of 202 mph and a blisteringly quick acceleration to 60 mph in a fraction over 3 seconds give it class leading performance levels, while the brilliant steering, road handling and ride are as good as you’ll find in any motor car. Its visual impact is stunning, a tribute both to the legions of Ferrari designers and to the added input of racing legend Michael Schumacher.

To fully enjoy the experience, put down the roof on the convertible 458 Spider; the top down motoring afforded by this Italian gem is hard to beat. It is guaranteed to impress on a special event or occasion, and is an equally brilliant car to enjoy alone.

10. Rolls Royce Phantom

Of course no list of prestige rental cars would be complete without the Rolls Royce Phantom, a classic icon dating back to its first model in 1925. Perhaps the most desirable car for British weddings, the Phantom not only oozes style and sophistication but has practicality into the bargain, with acres of room inside and wide doorways making it ideal for a graceful entrance and exit. Whilst many couples and parties opt to pay extra for a chauffeur, the latest incarnation of the Phantom is also a terrific car to drive yourself, with more than 450 bhp at your disposal and a powerful 6.8 litre engine under the hood.

With every possible added touch of luxury, the modern Rolls Royce Phantom is a blissful driving machine, while passengers can relax in the ultimate style and comfort that this magnificent vehicle offers. Each vehicle is hand-built and fitted and no two models are identical, thanks to bespoke features and touches which make every Phantom unique. Few cars make as dramatic an entrance or leave as big an impression as the Spirit of Ecstasy-led Phantom.