company car leasing
Are you considering company car leasing but you’re not quite sure how it works? Then here is a brief summary about how car leasing works and how you can go about company car leasing.
company car leasing a car is effectively a long term rental agreement. The agreement can be between 2 – 5 years and will always be at an agreed fixed monthly rental. Any vehicle will depreciate in value from the day that you buy it but when you lease a car it is not your responsibility which is a massive advantage. The leasing company will estimate the value of the vehicle when you return it to them after the set contract period and it is their responsibility if the vehicle is worth less, not yours! In a lot of cases leasing a car works out more cost effective than buying a car and trying to re-sell the car after you have finished with it, especially if the car is worth less than you anticipated.
company car leasing can be a great option if you want to drive the latest cars for the lowest monthly cost. What do you do when the lease comes to an end? Well that’s simple, you just had the car back to the leasing company and start again with another brand new car.
Another plus to company car leasing is low maintenance costs. All vehicles are brand new which means that you won’t need to worry about an MOT for 3 years. You can also include a Full Maintenance plan for added piece of mind which would then cover all of your vehicle servicing and tyres throughout the contract. This helps give you piece of mind to know that there will be no surprise costs later down the line, all you have to do is insure it and put fuel in it.
If you are interested in leasing a car here is a simple step by step of the process with Car Lease 4 U from start to finish.
1. Get company car leasing Quote
After viewing what cars we offer choose which car you would like to lease, request a quote through the website or give us a call, and will we provide you with an official quote for your vehicle via our online system.
2. Application for company car leasing
If you are happy with the quote and want to progress to the next stage just click apply on our online system to complete our short application form. Once we receive the form back from you will we pass it onto the underwriting team who will run a standard credit check. This usually takes between 2-5 hours before we receive a response company car leasing
3. Credit Approval
At this point the relevant credit check has been passed and you will have been approved for your chosen lease.company car leasing
4. Processing Your Order
At this stage we will confirm an estimated delivery date for your chosen colour and specification whether it’s a vehicle that is in stock or a factory order. The order form will again be placed onto our online system for you to review at your own pace. Once you are happy you can submit it back to us which then gives us authorisation to secure your chosen vehicle.
5. Lease Documentation
At some point before delivery we will post you the official documentation for your new vehicle. These documents will need to be signed and returned to us before delivery can take place. leasing a car
6. Delivery
Finally, a date and delivery address will be confirmed with you and your brand new vehicle will be delivered.company car leasing