There are many options for funding your new car or van, with leasing only being one of them.
Your circumstances or choice of car may influence the option that is best for you, ultimately affecting which option will cost the least. In a lot of cases the depreciation of a car over a three or four year period will be greater than the comparative cost to lease the vehicle for the same period. However, for models that retain their value well (like desirable classics and high performance cars) this is not the case and therefore buying outright is the more cost effective option.
However, overall cost may not be the be all and end all. If owning the car is more important than any cost savings, leasing will not be for you as ownership is not an option. Conversely, if you would like to avoid the hassle of selling the car after a few years and would like the security of a new car under warranty without investing the full vehicle price, leasing provides this opportunity for many of us.
Still unsure? We have compiled a series of questions that should help you decide.
If taking the leap into leasing is still a confusing or daunting prospect, our team of Leasing Consultants are on hand to offer expert, impartial advice. They will not only listen to your preferences and help you choose the right option for you, but they can also search and compare the latest car and van deals so you don't have to.
Call us the light at the end of the car financing tunnel.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
01395 331 513
Hill Barton Business Park
Clyst St Mary
Carparison Ltd trading as www.carparisonleasing.co.uk is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited FCA registration number is 626349 and its address is Salts Piazza Offices, Salts Mill, Victoria Road, Saltaire, BD18 3LA. Product Partnerships Limited’s permitted business is to act as a Principal for a network of Appointed Representatives who arrange regulated credit facilities for customers who are purchasing goods from them.
Carparison Ltd trading as www.carparisonleasing.co.uk acts as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your vehicle. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your vehicle from other lenders and you are encouraged to seek alternative quotations. There is an additional processing fee of £195 plus VAT chargeable to the applicant with every confirmed financial agreement. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk
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