Car Leasing Explained:

In a recent cheap car leasing survey you asked us to answer these questions: Where do I find Cheap Car Leasing?, What is Contract Hire? How does Personal Contract Hire differ from Business Contract Hire? What is Personal Contract Purchase (PCP) and how does this work? Does car leasing and van leasing work the same way? If we lease a car through Cheap UK Cars can you deliver throughout the car leasing uk? If you lease cars what happens at the end of the car lease agreement? Lastly you asked us: What should you look out for when searching the internet for car leasing deals?

In response to your questions we have produced an in depth car leasing guide, just for you. This is a jargon free guide which is free of charge and answers every car leasing question you asked in the cheap car leasing survey. Further to this we will (for your benefit) summarise the most frequently asked car leasing questions right here.

Before we start it is important to know that car leasing is available in many forms and is known by many names. These names include: Cheap Car Leasing?, Contract Hire (CH),  Personal Contract Hire (PCH), Business Contract Hire (BCH) and Personal Contract Purchase (PCP). 

Where do I find Cheap Car Leasing? You have found the most trusted and reliable car leasing company on the internet. Cheap UK Cars are as licensed as any franchised dealer (We hold:FSA, Data Protection and  Consumer Credit Licences) and we have over 10 years Mercedes-Benz car leasing experience. This means that your transactions are protected and you will be dealing with true Motor Trade professionals.  

What is Contract Hire? Contract Hire is simply car leasing. Car leasing in turn is one of the many forms of vehicle finance available to you when you purchase a new or used car.

How does Personal Contract Hire differ from Business Contract Hire? Business Contract is suited to business customers as they are allowed to (if vat registered and applicable) claim back a portion of the vat paid on their car leasing rentals. Personal Contract Hire is suited to individuals and vat cannot be reclaimed.

What is Personal Contract Purchase (PCP) and how does this work? This form of car leasing is suited to individuals. You lease the car for an agreed term (usually between 24-60 months) and at the end of the term you are given a choice between handing the car back or financing the Guaranteed Future Residual Value (GFRV) and taking ownership of the vehicle.

£128.99 (excl vat)

36 month contract-10 000 miles per annum

Personal and Business Contract Hire

£169.50 (excl vat)

36 month contract-10 000 miles per annum

Personal and Business Contract Hire

£296.54 (excl vat)

36 month contract-10 000 miles per annum

Personal and Business Contract Hire

£131.15 (excl vat)

36 month contract-10 000 miles per annum

Personal and Business Contract Hire