Car leasing is a method of hiring a new or used car for use over an agreed time, for a fixed monthly price.
Leasing is usually a long-term agreement, and offers you the exclusive use of a vehicle for around 24-60 months for a fixed amount of mileage (usually up to 150,000 miles).
When leasing a car or a van you never actually “own” the vehicle, which is often a cheaper alternative to purchasing, as leasers don’t have to worry about maintenance or depreciation.
How Does Leasing Work?
There are a number of methods to choose from when you lease with DSG Auto Contracts Ltd, but below is a general guide on how leasing works, and the benefits it can have.
1.Choose your vehicle
You can choose your vehicle from the wide range of cars and vans currently on the market, all of which are listed on our website. If you are unsure or would like some help in deciding what kind of vehicle would be most suitable for you or your business, then we have the experience and expertise to guide and advise you.
2.Select your finance package
Once you have decided on a vehicle, the next important decision is to choose which finance package suits your personal or business needs best. Our team are available to offer you advice and a complete explanation of all the options available to you.
3.Get a quote
We will then be able to give you a quote. We often have special offers on a number of our vehicles, and there are no hidden extras so you can rest assured that you are getting the most competitive car and van contract hire and leasing deal.
4.Make monthly payments
At the start of your lease, you will usually be required to pay an initial rental fee, equivalent to 6 months worth of payments. You will then make monthly finance rental payments for the duration of your lease.
The monthly payments are calculated so you don’t pay the full price for the vehicle; just for the amount of time you are actually going to use it for.
5.End of your contract
At the end of your contract you will be required to simply hand the vehicle back to us here at DSG Auto Contracts Ltd without any further obligations. You may then wish to take out a lease on another vehicle, or depending on your finance options, you may be able to purchase your vehicle(s) at the end of the contract period for a pre-determined payment (balloon payment).
With vehicles depreciating hugely, car leasing is the ideal solution for drivers who want to save money and avoid the hassle that comes with selling a car on.
The team at DSG Auto Contracts Ltd. are available if you need help at any stage during your lease, and happy to offer their advice. Simply get in touch for more info.