How much does leasing cost?
What are the costs involved?
Over the recent years, car leasing has become a popular alternative to buying a new car in the UK, with many people now enjoying the numerous benefits that leasing offers.
Car leasing is a financial agreement which allows individuals and businesses alike to drive a brand new vehicle from a vehicle supplier company for a fixed length of time at an agreed monthly cost.
Depending on your requirements and the type of leasing agreement you enter, at the end of the agreed time period you can either part exchange the car for another one or hand the car back.
New and reliable vehicles – If you cannot afford the cost of a brand new vehicle, buying an older one can mean a higher chance of it breaking down and maintenance costs. Car leasing makes driving a modern, new, and reliable vehicle an affordable option.
Comforts of a modern car – When you choose to lease a brand new car you can enjoy all the latest in-car technology, improving the comfort of both driver and passengers.
Avoid the cost of depreciation – The cost of depreciation on a new car is often a huge expense that is overlooked by many. When you buy a brand new car outright, on average, you will find that it loses 50-60% of its value over the first few years that you own it. This means that when you come to sell that car, it will have lost a lot of its value. Leasing a new vehicle means you get to drive the new car, without the expense of the vehicle’s depreciation.
Affordable, fixed, monthly cost – When you lease a car you get to keep your savings, and instead agree an affordable, fixed monthly cost to pay for leasing the vehicle, providing you with better financial security.
5 Door Hatch 1.0 TCE 90 Essential
From
£160.46 per mth exc. VAT
Initial rental: £1,444.14 exc. VAT
5 Door Hatch 1.2 Puretech 83 Plus Start+Stop
From
£160.88 per mth exc. VAT
Initial rental: £1,447.92 exc. VAT
100kW 45kWh Auto
From
£166.07 per mth exc. VAT
Initial rental: £1,494.63 exc. VAT
5 Door Hatch 1.0 MPI 67ps Advance
From
£166.30 per mth exc. VAT
Initial rental: £1,496.70 exc. VAT
5 Door Hatch 1.0 MPI 67ps Advance Auto
From
£168.72 per mth exc. VAT
Initial rental: £1,518.48 exc. VAT
5 Door Hatch 1.0 TCE 90 Expression
From
£169.79 per mth exc. VAT
Initial rental: £1,528.11 exc. VAT
5 Door Hatch 1.2 Mild Hybrid Motion
From
£170.63 per mth exc. VAT
Initial rental: £1,535.67 exc. VAT
5 Door Hatch 1.0 MPI 63ps Advance Nav
From
£171.11 per mth exc. VAT
Initial rental: £1,539.99 exc. VAT
5 Door Hatch 1.0 MPI 63ps Advance Nav Auto
From
£173.87 per mth exc. VAT
Initial rental: £1,564.83 exc. VAT
1.0 TCE 90 Essential
From
£173.94 per mth exc. VAT
Initial rental: £1,565.46 exc. VAT
5 Door Hatch 1.2 Puretech 83 Plus Start+Stop
From
£193.06 per mth inc. VAT
Initial rental: £1,737.50 inc. VAT
5 Door Hatch 1.0 MPI 67ps Advance
From
£199.56 per mth inc. VAT
Initial rental: £1,796.04 inc. VAT
5 Door Hatch 1.0 MPI 67ps Advance Auto
From
£202.46 per mth inc. VAT
Initial rental: £1,822.18 inc. VAT
5 Door Hatch 1.2 Mild Hybrid Motion
From
£204.76 per mth inc. VAT
Initial rental: £1,842.80 inc. VAT
5 Door Hatch 1.0 TCE 90 Expression
From
£205.16 per mth inc. VAT
Initial rental: £1,846.48 inc. VAT
5 Door Hatch 1.0 MPI 63ps Advance Nav
From
£205.33 per mth inc. VAT
Initial rental: £1,847.99 inc. VAT
5 Door Hatch 1.0 MPI 63ps Advance Nav Auto
From
£208.64 per mth inc. VAT
Initial rental: £1,877.80 inc. VAT
1.0 TCE 90 Essential
From
£210.19 per mth inc. VAT
Initial rental: £1,891.73 inc. VAT
5 Door Hatch 1.2 MPI 84ps Advance
From
£210.29 per mth inc. VAT
Initial rental: £1,892.59 inc. VAT
5 Door 1.0 VVT-i Pure
From
£211.73 per mth inc. VAT
Initial rental: £1,905.55 inc. VAT
One of the key benefits of leasing a vehicle is that the costs are far more consistent and affordable than they would be if you bought your own vehicle outright or on finance.
Your leasing agreement will include a small advance rental payment which will be calculated and agreed at the start of your lease. The amount that you pay up-front will impact the cost of your monthly rental payments.
Your monthly payments will then include the cost of:
Other associated costs include the servicing and maintenance of the vehicle and breakdown cover, which you may be required to arrange and pay for yourself separately.
Alternatively, to keep your monthly vehicle expenses predictable, it can be a good idea to add a maintenance and service package to your lease agreement.
Our website is updated daily with different car prices and special deals here. New car models can go on offer for short periods of time and you may only have a limited window to place your order before the offer ends.
What happens at the end of your lease depends on your requirements and the options offered by the leasing company.
Some of the options that you may be able to choose from include:
Providing that you have stuck to the mileage agreed in the terms of your lease, there will be nothing further to pay when you return the car and the leasing company will usually arrange to pick the vehicle up from your address.
You are free to move to a new car lease of your choice rather than being limited to whatever the dealer has on a PCP.
Here at LetsTalk Leasing, we are a completely independent, online company, one of the UK's leading car leasing and contract hire specialists allowing us to offer our customers the very best prices on new vehicle leases to suit your needs. We have a wide range of awesome lease deals on new cars for personal lease and business lease.
At LetsTalkLeasing.co.uk, we offer a comprehensive range of high-end cars available including coupes, SUVs, hatchbacks, saloons, convertibles, vans, etc. and flexible car lease agreements and contract hire packages to suit your specific business or individual needs.
Here are just some of the reasons our customers are happy to recommend our vehicle leasing services:
Competitive prices – We provide our customers with a service that offers exceptional value for money. When you choose to lease a vehicle with us you can rest assured that you will receive a competitive, low price.
It’s simple! – Leasing a vehicle doesn’t have to be complicated. At LetsTalk Leasing we aim to make the process as simple as possible. We are transparent with our fees and provide a process that is clear, intuitive, and hassle-free at all times.
Excellent customer service – We have a growing team of experts committed to offering outstanding levels of customer service.
Members of the FCA and BVRLA – For your peace of mind and security, we are compliant with both the Financial Conduct Authority (FCA) and the British Vehicle Rental and Leasing Association (BVRLA).
For more information about our services, get in touch with our team of friendly advisors by giving us a call on 0330 056 3331 or emailing contact@letstalkleasing.co.uk or fill in our online contact form and we’ll be in touch as soon as possible
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