Car leasing is more popular than it’s ever been! Last year, the British Vehicle Rental & Leasing Association reported a 23% increase in the number of recorded leases across the UK. Nearly 2 million people now lease a new car. But why has the leasing of cars become so popular?
Car leasing promises:
Kardi Vehicles have over a decade worth of experience in the car leasing industry. We're specialist providers of world-class service. To help you fully understand how car leasing works, our expert team has put together this comprehensive guide that explains all you need to know about car leasing.
Car lease providers buy brand new car models direct from a dealer or manufacturer. We can buy cars in bulk to secure lower purchase rates unavailable to private buyers; savings we pass to you. We then offer our stock of vehicles to customers, who can lease from us. When you lease a car, you'll only ever be getting the newest models.
Car leasing is very similar to property rental, except there is often a fixed-term applied to the lease contract. The car lease provider and the customer agree on a length of the agreement, an upfront cost and a monthly fee. The individual leasing the car will then pay the initial cost to secure the contract, followed by monthly payments for the length of the contract to maintain access to the vehicle — in the same way, a tenant pays monthly rent to maintain access to a property.
There are three good reasons to lease instead of buying:
Not sure how to go about leasing a car? We explain using our simple six-step guide!
You can search by make, model, design, car type, or budget.
Decide on how many miles you need, how many months your lease will run and what extras you want (if any).
Once you select your lease option, we'll run a credit check in order to obtain credit acceptance
Following approval of your credit application, we will send you a set of agreements for electronic signature.
We arrange delivery directly to your home or place of work.
We offer free delivery in England, Scotland & Wales. There may be an additional fee for Northern Ireland, Isle of Man and the Channel Islands
At the end of your car lease agreement, we will collect your car for free.
You can start leasing a new car from just £120 per month. Prices are dependent on a variety of factors, with lease options customisable to suit your needs. Not all lease cars are low cost, and high-end models are also available.
Kardi Leasing provides a wide range of cars covering most-all popular makes and models. We lease budget-friendly options such as Kia, Fiat and Toyota and also offer well-known luxury cars, including Audi and Mercedes-Benz sports cars, Tesla electric cars and Land Rover estates.
Leasing a car is personal and based on your unique needs. Kardi Vehicles offer flexible hire lease agreements that range from six months to six years. Our offers are available to fit any circumstances. Whether you're looking for a very short-term lease agreement or longer lease deals, we cater to all individuals.
At Kardi Vehicles, we're devoted to providing customer service that goes above and beyond simple facts and figures. We understand cars are essential and that a credit check may prevent a finance company offering to secure your lease deal. If you have a poor credit history, we'll work with you to find a solution.
Mileage allowance is your mileage limit. When you agree to a contract purchase, you will receive an agreed mileage based on your chosen preference. Your mileage helps us offer competitive and reasonable lease terms. Since mileage impacts the value of your lease, you will incur mileage charges if you go over the mileage allowance. It's important to think carefully about your mileage before agreeing to any lease order.
Personal contract hire (PCH) is designed for private individuals looking to lease a vehicle. This is the standard leasing practice that most people opt for. Personal contract hire is simply a lease agreement between a provider and a person for fixed-term use of a vehicle.
Business contract hire (BCH) is designed for corporate entities and commercial organisations. It is commonly used to source fleets such as taxis or vans. With BCH, you can make VAT savings and acquire multiple lease contracts.
Finance Lease is popular with businesses vehicles where contract hire is not suitable. It offers flexibility and tax advantages to eligible companies who require one or more vehicles but don’t have the accessible funds to pay for them up front. Finance lease provides a "Balloon payment" at the end to own the vehicle outright
We offer two maintenance packages at Kardi Leasing: customer maintained and lease company maintained.
This is our most popular option as it reduces the price of leasing payments. All our vehicles are covered by manufacturer car warranties, which often last between three to seven years. For most lease deals, this means you're covered for the length of your contract by the warranty, which will mean you don't have to pay for any faults or repairs that aren't your fault. Breakdown cover is generally included for the first 12 months.
If you opt for a fully maintained agreement you are covered for the following: