Our blog is here to try to answer any questions you may have about car and commercial vehicle rental and bring you the latest news from the automotive world. Personal contract leasing is similar to other contractual leases with the main difference that it only affects a specific person and not a company. This is one of the most popular ways to rent a car, which is usually associated with it when a person talks about car rental in general. Browse the range of rental options to find a brand new car that suits you perfectly. Be sure to check out our special offers page to make sure you get the best rental deal possible. If you`re torn between a few different cars, you can use the Rental Options car rental comparison tool to see a side-by-side comparison of the cars you want to choose from. Leasing was designed with certain professions in mind. These include occupations in which the van is used a lot practically and therefore the probability of damage to the vehicle is higher. This type of contract is designed to give these employees and businesses more ownership over the asset. On the one hand, this means that the tenant assumes more risk.

On the other hand, there are more options for the tenant. Here`s how it works: Leasing Options is the UK`s leading car leasing company. If you want to avoid the hassle of regular car ownership and have simple and affordable monthly payments, then car rental is for you. A great feature of car rental and contract rental purchases is that you can get a brand new car every 2, 3 and 4 years. You can also bypass TÜV as well as the traps of older used cars that can break down. New cars are trustworthy, reliable and have modern safety features that many older cars lack. At the end of the contract, you just have to return the car and sign a new lease. TÜV is only required when a vehicle has been on the road for 3 years, so many leasing contracts also avoid these costs.

And don`t worry about the excise tax on cars (car tax) as the costs are spread over the course of your agreement. Our car rental process is simple and easy to understand. First, find the car you want to rent on our website and decide if you need a professional or personal rental plan. Choose the additional options you want for your vehicle, as well as the duration of the contract plan, initial lease, and annual mileage. Then, submit a funding application through the website. You will then be subject to a credit check by one of our affiliated financiers to prove that you can fund your monthly payments. This is a quick process and you will know on the same day whether you have been approved or not. If you need a commercial vehicle with high mileage, there are many advantages to choosing a lease. Unlike contract rentals, this type of rental offers much more flexibility. You can set the estimated mileage and also “buy back” the contract prematurely. In case you drive more than your expected mileage, you will not have to pay any penalties.

There is no official “pence per mile” that is tracked. The biggest boon, of course, is that if you earn less than your expected mileage and keep your vehicle in perfect condition, it will be worth more at the end of the contract. As such, you will get money back when you then sell the vehicle. A lease is calculated on the difference between the initial purchase price and the residual value of the vehicle. At the end of your contract, you have to return the car and simply sign a new lease instead of playing in the used car market hoping that your car is ™ not massively depreciated. You pay for your rented car in monthly installments. And one thing to keep in mind is that you`ll be asked to make a “first payment” — which equates to multiple monthly payments — before paying monthly after that. Your monthly payments will vary depending on the number of miles you travel and the length of your contract. And for many vehicles available through Select Car Leasing, you can also change the size of the “upfront payment” to suit your budget. Renting could be the most cost-effective option for your business.

Learn more about the economic benefits of renting vans here. Depending on the contract and the manufacturer, additional breakdown services may also be offered. When it comes to accident coverage, just like owning a car, renting requires you to take out all-risk insurance to protect not only you and your belongings, but also other people and their belongings. This insurance must begin on the day of delivery and the vehicle must remain insured until the day the vehicle is returned to the financial company. At Select Car Leasing, we also have our own insurance products and packages, including our Total Care offer, which provides you with a fully insured rented vehicle and ensures that you are fully insured for unexpected fire, theft and accident and repair bills throughout the contract period. The future of car leasing – the smart way to drive a new car If you have any questions, do not hesitate to contact one of our friendly, experienced and professional leasing experts who will be happy to help you. Many people prefer to have a new car on a regular basis, but can`t afford it, if that`s the case, a personal rental agreement is the best option for you. After terminating a contract, you can start a brand new agreement on the same day. We have a wide range of vehicles to choose from, so you`ll never fight for choice. Another great advantage of contract rent is that it can be recovered 100%. There is also a 100% corporate tax deduction. Other benefits of contract leasing include flexible contract terms, fixed and low monthly payments, and flexible maintenance announcements.

Car leasing, which emerged from company car leasing in the 1980s, is now one of the most popular ways to drive back, encompassing the full range of makes, models, body types and even fuel types, with hybrid and electric cars now at the forefront of all available rental options. Example.com agrees on a 48-month lease for a Peugeot partner van with an annual mileage of 10,000. After prepayment of £920.28 + VAT, Example.com then pays a monthly fee of £153.38 + VAT for the next 48 months. Since Example.com is subject to VAT, they can recover VAT on monthly payments. Once the contract expires, the partner van will be returned to us and Example.com can rent another vehicle. As accredited leasing brokers in the UK, we work with leading car manufacturers and a number of financial companies including: ALD Automotive, ARVAL UK, Alphabet, Hitachi, Lex Autolease, LeasePlan and Santander, among others, to offer you the best deal on your rental. .