What is Personal Car Leasing? 

Very similar to renting a car, car leasing is a fixed term agreement that allows you to order a vehicle of your choosing, make, model, and all the specific options you would like. Contracts normally run between 24 and 48 months and are tailored to your needs in terms of the mileage required.

At the end of the lease agreement, you simply return the vehicle and start your next vehicle lease if required.  

An increasing number of people are choosing car leasing as the most cost-effective way to finance a new vehicle without hefty upfront payments. With fixed terms and payments, leasing offers a great way to manage your personal finances efficiently.

Advantages of Personal Leasing

There are a few elements that should be noted when looking at personal leasing:

Flexible initial payment
Fixed term contract
Fixed mileage contract
Fixed cost motoring
Flexible profiles to suit you
You only pay for the use of the vehicle
At the end of your contract simply hand the vehicle back
Option of including maintenance with the contract
No depreciation or disposal risk

Disadvantages of Personal Leasing

Lack of Ownership

Long term costs 

Restrictions 

Early Termination Penalties 

Mileage Limits 

Damage Charges 

Credit History Check