Tag: Leasing

Vehicle leasing – Wikipedia

Vehicle leasing or car leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay. The key difference in a lease is that after the primary term (usually 2, 3 or 4 years) the vehicle has to either be returned to the leasing company or purchased for the residual value.

Rationale[edit]

Vehicle 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. Any sales tax is due only on each monthly payment, rather than immediately on the entire purchase price

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Financing or Leasing a Car

With prices today, you might consider financing or leasing your next car. If you do, here are some things to keep in mind.

 

BEFORE YOU BUY OR LEASE A CAR

Determine How Much You Can Afford

Before you finance or lease a car, look at your financial situation to make sure you have enough income to cover your monthly living expenses. You may want to use the “Make a Budget” worksheet as a guide.

Should you take on a new monthly payment? Finance or lease a car only when you can afford to take on a new payment. Saving for a down payment or trading in a car can reduce the amount you need to finance or lease, which then lowers your financing or leasing costs.

Do you have a trade-in? In some cases, your trade-in will take care of the down payment on your new car. But if you

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Vehicle Leasing from Nationwide Vehicle Contracts

Lease with Nationwide Vehicle Contracts and we’ll deliver your new vehicle anywhere in the GB mainland for free (exclusions apply).

Whether you live in the city or the countryside, Nationwide Vehicle Contracts will deliver your new lease vehicle direct to your doorstep, provided your address is situated on the GB mainland.

Free delivery applies to customers based in England, Wales and Scotland. For some locations in the Scotland, the Scottish Highlands and Scottish Islands such as Dundee (DD), Inverness (IV), Aberdeen (AB), Perth (PH), Oban (PA), Greenock (PA) Stranraer (DG) and Skye (IV) a delivery charge of up £450 may be applicable depending on distance and supplying vehicle manufacturer. Please speak to your sales consultant for further information.

For customers based in Northern Ireland, the customer would usually need to meet the delivery driver at the Cairnryan, Stranraer or Liverpool Birkenhead port to take delivery of the vehicle.

Where possible,

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