01423 853000 | publicsectorcars@lookersleasing.co.uk

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How leasing works

A lease is essentially a long-term rental agreement, offering exclusive use of a car for a set period at a fixed monthly price.

As a business, this is the most cost efficient method of funding the vehicles as it takes advantage of the tax and vat regulations to reduce the whole life running cost of your vehicles and is supported by the buying power of the finance company, to assist in reducing the cost even further.

The greatest cost of running any new car is depreciation, and many new cars will lose more than half their initial value after the first three years of ownership.

Leasing explained

Leasing a car lets you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease.

Unlike dealer finance or bank loans you only pay for the depreciation of the vehicle over the term rather than the full capital value.

Rather than pay large deposits you simply pay a small initial amount, usually equivalent to three monthly payments, at the start of the lease.

Then, at the end of the lease period (typically two or three years), you simply hand the car back. The job of selling the car and picking up the tab for depreciation is the responsibility of the lease company.

Contact us

Email : publicsectorcars@lookersleasing.co.uk

Telephone : 01423 853000

Company Address :
Lookers Leasing
Lookers House
Cardale Park
Harrogate
North Yorkshire
HG3 1RY

Fullservicelease.co.uk is a domain name of Lookers Leasing which is a trading name of Lookers Leasing Limited an appointed representative of Lookers Motor Group Limited (LMGL) which is authorised and regulated by the Financial Conduct Authority for credit broking and insurance distribution activities. LMGL financial services register reference number is 309424. LMGL is a credit broker, not a lender and can introduce you to a number of lenders from whom it may receive a commission.

Registered in England & Wales with company number : 5654532 | Data Protection No : Z9441737 | VAT No : 405 9783 29

Registered Office : Lookers House, 3 Etchells Road, West Timperley, Altrincham. WA14 5XS

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

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