Volkswagen Lease Deals - VW Car Leasing

We gather you’ve landed on this page as you’re interested in exploring car leasing but are possibly unsure of how it all works. All leasing contracts can be amended to suit you. All involve an initial payment followed by a fixed monthly payment. Usually customers opt for a 2, 3 or 4 year contract. Although we can offer 1 and 5 year contracts upon request. Often customers assume that a 3 year lease will be cheaper than a 2 year car lease. This is not always the case. Unlike a HP (Hire Purchase) or PCP (Personal Contract Purchase) agreement, a contract hire agreement is calculated using 2 main factors, these are a) The initial purchase price; the amount the leasing company buys the car. b) The residual value; the amount the leasing company expect to sell it for at the end of the contract. You pay the part in between. Your chosen terms dictate how much the vehicle will be worth at the end of the contract; How many miles the vehicle will have on the clock? How old will the vehicle be when it’s returned? The reason why a 2 year lease can be cheaper than a 3 year contract is largely due to the discount or support on the purchase price. Of course we know that a vehicle of 2 years will cost more to buy than that of an equivalent 3 year vehicle, but we also need to be thoughtful of the initial purchase price the leasing company will pay. Leasing companies often have massive discount terms in place directly with manufacturers, many times this can be increased on particular models during a particular registration period should the leasing company commit to a certain number of sales. If their addition discount was for example £4,000, over 2 years (1+23) this offers a rental reduction of £166.67 whereas the same amount over a 3 year contract (1+35) would decrease the rental by £111.11 per month

Often drivers will weigh up the difference in cost and enjoyment from owning your vehicle through buying (even if it’s via an alternative funding method such as hire purchase) against personal car leasing. Car leasing can be far cheaper when fully explored and comparing like for like; new versus new. You cannot compare the benefits of a brand new lease car to that of a 5 year old as it’s the same monthly cost. What’s more is that you can still take your lease car on holiday with you in Europe. Just be careful that you don’t exceed the contracted mileage or make sure that you budget for this cost within your holiday expenditure. The leasing company will issue you with a certificate of hire and send you a useful document to make sure that you have amended your instance, carry the correct driving assistance packs for that country and have considered European Breakdown assistance. It’s worth noting that some manufacturers include this with their standard warranty.

It is not always possible to place your vehicle order with your local dealer, therefore all of the lease vehicles that we supply include driven delivery to your home or work UK mainland address as standard. Rest assured that in the unlikely event of mechanical issues with your new vehicle, even if your car lease was not supplied through your local dealer you can take your vehicle locally to undergo any warranty repairs or recalls. As the vehicle is registered to the leasing company they’ll arrange the vehicle road tax and send you a letter or email each year to advise that this has been paid. Even though the vehicle is registered to the leasing company you can still place your private plate on the vehicle should you wish to do so. In order to arrange this you need to name the leasing company as the nominee of the plate and send the retention certificate to the Dealer. Our Administrative staff can talk you through the process. Insurance is not included with any of our car leasing deals therefore you’ll need to arrange this at your own cost ensuring the vehicle is fully comprehensively insured at all times. Your insurance company will need to know that your car is a lease car.