How Leasing Works
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Leasing a car in essence is a long-term rental. An initial payment is made, then there are fixed monthly payments throughout the length of your contract. Car leasing is often a cheaper alternative to purchasing a vehicle, because you don’t buy the car outright, you can spread the cost, enjoying all the benefits of a brand new car without worrying about it decreasing in value over time.
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Firstly, take a look at our range of lease deals and length of contract that would suit you. These are usually between two and four years. You’ll also need to tell us your estimated annual mileage.
Next, you’ll pay your initial payment. This is usually the equivalent of three monthly payments. Road tax is included in the cost, so you don’t need to worry about paying for that separately.
You can then choose to add maintenance costs to your monthly payments. These will cover any mechanical or electrical repairs, servicing and more, potentially saving you money in the long term.
Once you’ve agreed your contract, we’ll deliver your car to your front door, for free (exclusions apply). Your monthly payments will then start, allowing you to drive and enjoy a brand new car for the length of your agreement.
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Yes, you’ll need to arrange your own insurance for a car lease, during our discussion around your new vehicle, we’ll be able to advise on the insurance type you might need.
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When the end of your lease contract is up, you return the car.
So long as the car’s in good condition and you’ve stuck to the mileage you agreed at the start of the contract, you won’t have anything more to pay.
We will be in touch before your contract is due to arrange a new vehicle for you, so you get the pick of our latest deals!
The major benefit of leasing a car is that you don’t have to worry about selling it on, you can simply return it and get on with picking your new car – no hassle!
If you have any more questions regarding leasing, please get in touch at hello@claytoncarcontracts.co.uk or give us a call on 01785 716133.