CAR LEASING
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Car and Vehicle leasing is the leasing of the use of a motor vehicle for a fixed or indefinite period of time. It is commonly offered by dealers as an alternative to car or vehicle purchase. The key difference in a lease is that after the lease expires, the lessee must return the car or vehicle to the dealer or buy it.
Rationale: Car Leasing offers advantages to both buyers and sellers. For the buyer, lease payments will usually be lower than payments on a car loan would be and qualification is usually easier. Some consumers may prefer leasing as it allows them to simply return a car and select a new model when the lease expires, allowing a consumer to drive a new vehicle every few years without the responsibility of selling the old vehicles. A lessee does not have to worry about the future value of the car or vehicle, while a vehicle owner does.
For the leasor, leasing generates income from a vehicle the leasor still owns and will be able to sell or lease again once the original lease has expired. As consumers will typically use a leased vehicle for a shorter period of time than one they buy outright, leasing may generate repeat customers more quickly, which may fit into various aspects of a dealer\'s business model.
Lease agreement: Lease agreements typically stipulate an early termination fee and limit the number of miles a lessee can drive (for passenger cars, a common number is 10,000 to 15,000 miles per year of the lease). If the mileage allowance is exceeded, fees may apply. Dealers will typically allow a lessee to negotiate a higher mileage allowance, for a higher lease payment. Car Lease agreements usually specify how much wear on the vehicle is allowable, and the lessee may face a fee if that amount of wear has been exceeded.
The actual car lease payments are calculated very similarly to the way loan payments are, but instead of an APR, the company uses something called the money factor.
At the end of a lease term, the leasee must either return the car or vehicle to the owner or purchase it. The end of lease price is usually agreed upon when the lease is signed.
Note: I live inside this website Monday to Friday 9am-6pm, to give you the very best service and make your experience a happy one! - I am Ling, accept no substitutes
UPDATE... The latest car I've added is a Citroen DS3 1.6 THP 16v (150bhp) DSport Hatchback 3dr 1598cc Petrol at £322.90 inc VAT at 14:43 on 11th Mar - Ling
"Emails and phone calls were returned promptly" - Stewart Maxwell, DL11 6BN ...1497 letters HERE
...want to know what it's got?
Fiat Panda equipment (Really, I do my best to list stuff on this Fiat, but never 100% accurate. You MUST check Fiat website before relying on this info - Ling)
Fiat Panda
Active
Spec includes: Anti-lock brakes [Body-coloured bumpers] CD Player Isofix child anchors Steel wheels
[Item] = Not always present
Fiat Panda
Sporting
Same as Active but minus: Isofix child anchors Steel wheels adds: Alloys Front fogs
Fiat Panda
Eleganza
Same as Sporting but adds: Aircon (Climate control) Heated mirrors Isofix child anchors
Fiat Panda
Alessi
Same as Eleganza but minus: Alloys adds: Remote radio controls Steel wheels Telephone
Fiat Panda
Dynamic
Same as Eleganza but minus: Aircon (Climate control) Alloys adds: [Aircon] [Remote radio controls] Steel wheels [Sunroof (Electric)]
[Item] = Not always present
Fiat Panda
Mamy
Same as Dynamic but adds: [Car Alarm] Telephone [Traction control]
[Item] = Not always present
Fiat Panda
Active
Spec includes: Anti-lock brakes [Body-coloured bumpers] CD Player Isofix child anchors Steel wheels
[Item] = Not always present
Fiat Panda
Sporting
Same as Active but minus: Isofix child anchors Steel wheels adds: Alloys Front fogs
Fiat Panda
Eleganza
Same as Sporting but adds: Aircon (Climate control) Heated mirrors Isofix child anchors
Fiat Panda
Alessi
Same as Eleganza but minus: Alloys adds: Remote radio controls Steel wheels Telephone
Fiat Panda
Dynamic
Same as Eleganza but minus: Aircon (Climate control) Alloys adds: [Aircon] [Remote radio controls] Steel wheels [Sunroof (Electric)]
[Item] = Not always present
Fiat Panda
Mamy
Same as Dynamic but adds: [Car Alarm] Telephone [Traction control]
[Item] = Not always present
...also worth to look at the cars in the scrolly-bar below!
Thanks for taking the time to look at my headline cars. Please note I can quote on any car on Contract Hire, PCP, or any Lease Cars or Lease Hire. In fact I can supply any kind of car leasing. Leasing is a very general term. However, Contract Hire and PCP are by far my favourite products and my customers' favourite products too! The rest can be a little confusing although in a few (business) cases can be appropriate. I publish all the best and cheapest deals I can source, above; so most bespoke quotes will by their nature be slightly more expensive. - Ling