Your Essential Guide to Leasing a Vehicle in the UK

Published on: 02 November 2018 Last Updated on: 18 November 2021
Leasing Vehicle

There are now more people who are deciding to lease a car rather than buy a car in the UK and for many good reasons. Leasing vehicle, after all, doesn’t require as big a deposit as buying a car, and with leasing, you usually don’t have to worry about maintenance, depreciation, and selling the car after a few years. At the end of your lease, you just have to return the vehicle to the leasing company and be done with it. Also, with leasing, you can drive around in a vehicle which is new, has no maintenance problems, has excellent safety features, and is a veritable pleasure to drive. But what else should you know about leasing before you jump on the bandwagon? Here’s your essential guide to leasing a vehicle in the UK.

What is it?

You can compare car leasing to taking out a rental for the long-term. When you lease a car, you will have to pay an initial deposit, often equal to approximately three months’ payments. And then, afterward, you will just have to pay for the lease of the car every month until the end of the term. You can often find leasing offered for brand new vehicles, with contracts or agreements usually lasting for about two to four years. If you want to lease your vehicle then you have to make your choices in the correct direction.

How a lease agreement works:

If you are looking for a lease agreement or deal, you will often encounter initial payments and monthly payments. The initial deposit or payment is the money you will have to pay at the beginning, usually offered at three times the monthly fee, six months, or nine months. Your first month’s payment is often higher, but the following payments will just be the regular monthly payment agreed upon in the contract. For instance, if you see a 3 + 35 deal, this means that you will have to pay the equivalent of 3 months of the payment initially, and then pay for the car per month for another 35 months with the regular monthly payments.

Do you own it?

When leasing a car, you will not be the car’s owner in legal terms at all. The leasing company will still be the owner of the vehicle; you are merely using it for a particular time.

Leasing is great if you don’t want to be burdened with an older car after a few years, but leasing may not be for you if you want to have a car for a long time.

If you want the latest car model after two years or so, then leasing may be a great deal for you.

But not being the owner of the car comes with other benefits as well. For instance, since you have a car that’s new, the chances of it breaking down or having issues are slim to none.

Also, if ever the car does break down, you can benefit from a warranty that takes care of the repair and maintenance. Leasing vehicles can make things easier for you.

Here’s another thing: when you lease a car, you can choose from a wide selection of car lease agreements – from cheap car lease deals with more expensive deals, depending on your budget. You have a virtually unlimited range of cars from which to choose, and you don’t even have to worry about delivery because most car leasing companies offer delivery for free anywhere in the UK.

Final Take Away 

Hence, these are some of the factors that you have to take care of while you want to develop your leasing technique in the best possible manner. Work out a plan that can help you to achieve your goals in the correct order. Do not make your choices in the wrong way while you want to improve your vehicle maintenance in the correct order and at the right point in time.

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *


How To Choose The Best Wheels And Tires For Your Vehicle

Choosing the best wheels and tires for your vehicle can be one of the most confusing tasks. There are a lot of options available in the market. Some tires are branded while some tires are homegrown but do you know how to choose the best tires for your vehicle like Wheelfire? If not, then I suggest you read this article to the end to find out. As you have clicked on the link to my blog, I am gonna presume that you are a car junkie. So since you are a car junkie, you must know that the road is like the wild west. You never know what is coming up the road. So it is very crucial to choose the best wheels and tires for your vehicle so that your tire lasts long and gives the optimum level of comfort while driving. So without wasting any further time, let us take a look at the steps to choosing the best set of wheels and tires for your ride. How To Choose The Best Wheels And Tires For Your Vehicle These are the five easy steps that will help you choose the best wheels and tires for your vehicle. 1. Choosing Tire Size Tire Size is the most important factor; it basically determines how your vehicle is going to behave. To judge the size of your tire, locate a placard on the driver's side door, which shows the tire size. For instance, if it reads P215/65 R15, it means the numbers and letters denote your tire's width, the height compared to the width, and the diameter. By seeing this, you can judge the size of your tire. 2. Original Equipment V New Brand You might think this part is a little tricky, but actually, it is not. When it comes to replacing your tires, the best decision would be to go with the brand that came with your car. I ask you to do so because you are accustomed to the way your ride feels. If you go for some other brand, then you might feel a little weird while driving your car. 3. Comfort and Handling Aren't these two the reasons why you actually fell in love with your ride in the first place. In the words of Gene Peterson, tire program manager for Consumer Reports, tires define one's vehicle's personality. You should choose a tire that is not just the right size but also optimized for good handling and braking. All in all, choose tires that do not make much noise and are comfortable. 4. Keep An Eye On The Tires You should never wait for your tire to be worn out completely. You should always keep an eye on your tires. I would suggest you place a quarter into the tread of your tire. If the quarter is even with the tread, then it is okay; otherwise, it is time to buy a tire. It is always recommended to research the tires you are going to buy. Check for ratings and reviews of the tire company. If the reviews and ratings are positive, only then select the tire company; otherwise, choose some other tire brand that has good reviews and ratings. 5. Deciding Between All-season, Winter, Or Summer tires In this part, you need to decide which season's tires you want. These seasonal tires are separated into three sections. ● Summer tires These particular kinds of tires are best suited for performance driving. It feels best when they are applied to sports cars. They provide a good grip in warm temperatures on dry roads. ● Winter tires These tires are made of pliable rubber compounds that are meant to work the best in the winter season, i.e., cold temperature. Apart from that, they also have deeper slits. ● All season tires It is the most popular kind of tire, and it is suited for all seasons, as the name suggests. You can use these kinds of tires throughout the year. Final Thoughts There you go, now you know how to choose the best wheels and tires for your vehicle in 5 easy steps. I hope you have found this article to be informative and have gained some value in your life. Comment below if you have any questions or feedback. More Resources: Prepping Your Vehicle For Winter Weather Driving Knowing Your Vehicle: 5 Maintenance Tips for Porsche Owners Why You Should Choose Used Cars Canandaigua NY Over Brand New Vehicles

Used Cars

Why You Should Choose Used Cars Canandaigua NY Over Brand New Vehicles

You are now one step closer towards having the car of your dreams. As you are reading this, you may already know by now that in Canandaigua, you will find numerous car dealers that offer both used and brand new vehicles, such as Vision Nissan. You may also currently be in the process of researching whether or not you should buy a used car or a brand-new one. You’re in the right place because here are the reasons why you should choose used cars instead: Reason For Selecting The Used Cars Over Brand New Vehicles There are several reasons you must make the application of the used cars over the brand new vehicles in Canandaigua NY. In this article you will get the complete details of it. 1. You will suffer from less depreciation: When you buy a brand-new car, you are paying for its full retail price. But did you know that the moment you step out of the car dealer to go home and take the car with you, the value of the vehicle immediately depreciates to at least 30%? This means that 30% of the amount you paid for has already been wasted due to depreciation, simply because the moment the car is bought, it is already considered a second-hand car. When you purchase a used car, you aren’t wasting money on this 30% automatic depreciation because the car is already depreciated and has been used before. Financially speaking, it is wiser, therefore, to buy a used car. 2. You will be paying for lesser insurance costs: The basic equation for you to remember is this: the higher the value of the car, the more that you will have to pay for insurance as well. This insurance expense is a fixed one, over and on top of all the other maintenance costs that you will have to pay for the care and preservation of the car. If your budget is going to suffer excessively, then it is best for you to go for the option that has lesser costs in terms of the insurance. Because second-hand cars have a lower value, you will be charged a smaller amount for the insurance coverage as well. Apart from insurance, you will also enjoy a lesser cost of registration. 3. You will be paying less for the purchase price itself: Buying a car is one of the most expensive financial burdens that you will be going through. Before you head out to Canandaigua to buy a car, give it a thorough think-through first as to whether or not you really can afford to pay for a brand-new car. If it seems like it’s going to hurt your budget too much, then going for a used car is the better route to take. Don’t worry about the quality, because gone are the days when used cars are associated with bad quality. You can still have a car of excellent quality for a lesser price than a brand-new one. Remember, a car isn’t worth getting into so much debt for. 4. You can choose a better model: Because will be saving at least 30% of the price that you would initially be paying for if you opted for a brand-new model, you now have the chance to buy a better brand and model in Canandaigua. Your options for the budget you have initially prepared are now broader, and you might just be able to afford that car you first thought you couldn’t. Wouldn’t it be nice to be able to upgrade your purchase to a better model? 5. You will generally experience more peace of mind: When you buy a brand-new car, you become overly conscious of even the smallest scratches that it could get. Naturally, you want your vehicle to remain in pristine condition as you paid a high price for it. Plus, repairs for a brand-new car can also be more expensive in some cases. For example, fixing a dent might cost more for a brand-new car than for a used one. With a used car, you wouldn’t be too conscious of the smallest dings or dents. Because you paid a lesser price for the car, it wouldn’t hurt you too much if you suddenly see a scratch on your car after leaving it in public parking, for instance. Conclusion: Now that you have this breakdown, here’s to hoping that you aren’t as anxious and doubtful as you used to be about buying a second-hand car instead of a brand-new one. While there are pros and cons to both, it all really boils down to your personal preference. Now that you are going to Canandaigua to shop for cars, these tips will, hopefully, open you up more towards buying a used car. Read Also: Best New Cars For Teenagers Pros And Cons Of Buying A Used Car Buying A Used Car? Few Negotiating Tips, You Can Use 2018 Tesla Model S: The Complete Electric Vehicle

Denise Hamet

Denise Hamet Discusses Trends in Creative Transportation Strategies

Transportation drives economic development. As roadways become more congested, the capacity to move people and goods efficiently will be key for residents selecting where to live, and for businesses choosing where to expand. Technological advances in recent years have provided new opportunities for strategic approaches to congestion and have improved environmental outcomes related to mass transportation. Momentum is building, resulting in large-scale, long-term transportation plans. Public/private partnership strategies are forming to speed development and save money. Citizens are voting to help fund these far-reaching programs since efficient transportation promotes employment opportunities for people who otherwise would be excluded from many job options. In this article, Denise Hamet discusses some of the recent trends in transportation strategies around the United States. Autonomous (“Driverless”) Public Transportation: Self-driving vehicles have quickly moved from the realm of science fiction into the real world of transportation. Public transportation agencies have been closely watching the advances in this market from companies like Google and Intel. As a result, technologies are currently being developed for vehicles on preset routes that operate autonomously. Las Vegas is leading the testing of driverless buses in partnership with Keolis, a private company that has developed autonomous bus technology for use on public roads. The Keolis autonomous shuttle is equipped with LiDAR technology, GPS, cameras, and safety belts and is designed to communicate with traffic signals, operate on open roads, and navigate around pedestrians and moving traffic. Following this model, several companies are developing driverless shuttles for use across the country. Some cities, such as Phoenix, are currently combining traditional bus service with autonomous shuttles. Public transit authorities are dealing with the same issues surrounding the use of autonomous vehicles on public roadways throughout the nation. This rapidly developing technology is pressing our legal and regulatory system to move forward on liability, insurance, and safety issues that are new to our systems. Mobility as a Service (MaaS): Developments in networking and artificial intelligence are driving a new concept for public transit--Mobility as a Service, or MaaS. The idea behind MaaS is that bundling all available transportation options for consumers in urban and metropolitan areas will provide more opportunities for users and maximize cost efficiency. Ideally, customers will be able to make travel choices based on current traffic conditions, and electronic payments will be seamless and efficient. Transit services in lower demand can be downscaled, while resources can be quickly moved to the areas of greatest consumer needs. This system will theoretically reduce costs and environmental impacts while relieving pressure on infrastructures. Electric and Hybrid Public Transportation: Increased urban development around the world and increased awareness of carbon emissions are placing a greater focus on electric and hybrid transportation options. The City of Los Angeles, for example, is changing over its entire fleet of buses to electric vehicles by 2030. Many cities and metro areas find that the initial cost of electric buses and trolleys is the most prohibitive aspect of their development. Electric buses can cost as much as twice that of traditional diesel buses; however, hybrid buses are much more in line with traditional costs. Advances in production technology will likely result in reduced acquisition costs, which, in conjunction with reduced fuel costs and reduced emissions, will make electric and hybrid options more attractive in the near future. Putting it All Together: Many cities are implementing long-term, multi-modal strategies. Denver, for example, is moving forward with multiple phases of the multi-billion-dollar FasTracks Program. At completion, the program will add more than 120 miles of commuter rail tracks, 18 miles of bus rapid transit (BRT), and 21,000 parking spaces at rail and bus stations. A crucial part of the program was the Denver Transit Partners (DTP) public/private partnership formed to implement the 36-mile Eagle P3 project. DTP is a private consortium led by Fluor Corp. The team entered into a 34-year agreement with RTD for the 5-year design and build of the Eagle P3 project, followed by 29 years to operate and maintain the system. Meanwhile, Sacramento continues to roll out its Green City Initiative, a partnership with Electrify America. The company is investing $44 million in Sacramento to catalyze a shift to zero-emission technologies by installing charging infrastructure, conducting outreach and education, and implementing programs designed to increase access to and use of Zero-Emission Vehicles (ZEVs). New programs and services--including two new car-sharing services, new ZEV routes, and state-of-the-art electric vehicle charging systems--are anticipated to launch throughout 2019. The Future – the Need for Federal Funding: With so much potential for improved transportation, funding is essential. Attention is currently focused on Congress’s approach to a new transportation bill, as the Fixing America’s Surface Transportation Act (FAST) expires in 2020. Infrastructure improvements are one of the unusual areas where bipartisan cooperation and compromise are possible in the course of legislating for the country’s needs. One area of concern is funding for the federal Highway Trust Fund, which is based on federal fuel taxes on gasoline and diesel. These tax rates have not been modified in over 25 years, and unless funding is modified, economists project insolvency for the fund within two years. Many options are being considered to alter financing, and many of the developing local mass transit trends are going to be potentially funded by private investment. With the impending expiration of the FAST Act, all manner of funding options will inevitably be on the table for discussion. The bottom line is: Collaboration, creativity, and certainty of funding will all be essential to drive us forward. Read Also: Will Self-Driving Cars Replace Human Error? Cab Transportation Never Got More Luxurious At Affordable Prices, Than In Houston