Leasing is a long-term rental agreement offering the exclusive use of a car or van for a set period of time at a fixed monthly price. It offers an alternative, and often cheaper, funding solution to buying a new car or van with a bank loan or dealer finance.
Car leasing helps you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease. The customer also doesn't have to worry about depreciation or selling the car as this job falls to the lease company.
How Car Leasing Works
At the start of a contract, the customer pays an initial rental usually equivalent to three monthly payments.
The customer then makes monthly payments for the duration of the contract term. At the end of the contract (typically two, three years or four years), the customer simply hands the car back without any further obligations, or may choose to purchase the vehicle depending on the type of contract taken.
Car Leasing vs Buying:
There are many practical reasons to leasing a car than buying. Features include:
Fixed, lower monthly payments
Lower initial deposit
Inclusive road tax and breakdown recovery
Variable contract duration and mileage terms
Optional maintenance package to spread the cost of servicing
With a leasing contract, you also have the opportunity to drive a new car every two, three or four years and all of the vehicles include the standard manufacturer's warranty.?
Types of Lease Contracts
There are a number of different types of lease contracts available to cater to your business or personal requirements. To find out more about the different types of leasing options, simply follow the links below.
Personal Contract Hire
Personal Contract Purchase
Have a question about leasing? Call us on 01582 600465.
This is a simple guide to how you would place an order with us and the process until delivery. If you have any questions at all regarding this please contact us.
Choose your vehicle.
Drivestyle can provide any variation on any vehicle and quote for any additional accessories you may require.
Establish a credit line.
A credit line will need to be established before any order can be placed, exactly like any Dealership would have to do.
You place an order with Drivestyle.
Faxed or posted orders are acceptable with an authorised signature to confirm your acceptance of the rental quoted.
Sign your documents.
A Direct debit form and a contractual agreement will need to be signed confirming the terms of the arrangement.
Delivery can be made nationwide by Drivestyle and our dealership network for no additional cost. There will be a professional handover by the delivery driver at the point of delivery to enable you to familiarise you with your new vehicle. Alternatively, depending on the distances involved, you may be able to collect your car direct from the Dealer - this can be discussed during the Order process.
All pictures and/or photos and car descriptions on this site are for illustration and reference purposes only and are not necessarily the vehicle on offer. All offers are subject to change at any time and are subject to finance approval and vehicle availability. All prices correct at time of publication. E & OE.
TEL: 01582 600 465
Drivestyle Dunstable 37 London Road