Benefits of Leasing a Vehicle
If you're looking for your next car then you might want to consider leasing. Leasing has become one of the most popular ways of acquiring a brand-new vehicle in the UK and is an option that has many benefits over buying outright.
In this article, we'll take a look at the reasons why you should make your next car a lease.
Drive the latest vehicles on the market
We offer pricing across a range of cutting-edge cars that include all of the latest technological developments within the automotive industry. Leasing a vehicle is a shorter-term commitment than buying a car outright, which means you can drive a brand-new vehicle and simply switch to a different one at the end of your contract to keep up to date with the latest trends.
For businesses, this is a great opportunity to improve your company’s image and to stand out against competitors whilst updating your fleet for your employees.
We’ll do the hard work for you
At Bridle Vehicle Leasing we work with the 8 largest finance companies within the sector and have exclusive access to Fleet Procure, a unique vehicle procurement platform.
This means we’ll be able to source the best leasing deals for you without you having to trawl around car dealerships searching for the best price.
Avoid the hassle of selling
Leasing means that there’s no sale involved. All you have to do is simply return your vehicle at the end of your contract, at which point you can begin a new leasing contract if you wish to.
You’ll be notified 6 months before the end of your finance agreement to allow you time to arrange a replacement if needed. Read more about end of contract here.
Manageable monthly payments
Purchasing a vehicle is a big investment. Leasing, however, breaks down this payment into smaller, simpler monthly expenses that are spread out equally across the length of your contract. You'll have one upfront payment to make, but this is flexible and can be low-cost.
Avoid the unpredictable used car market
When you lease a vehicle, depreciation isn’t something you’ll need to worry about. The finance company takes care of this risk for you. All you’ll need to do is pay the agreed fixed monthly payments.
Less maintenance
A brand-new lease vehicle is less likely to need as much maintenance as an old used vehicle. This will not only make your life easier but will save you money too.
If you agree to a maintenance package option, you’ll also be covered for routine servicing and repairs. Read more about maintenance packages here.
Avoid MOT hassle
If you opt for a 2-year contract, you'll avoid the hassle of an MOT check-up. This is because new vehicles only need an MOT on their third birthday, at which point your contract will have already finished.
Lower costs for businesses
Leasing a vehicle for your business allows you to reclaim up to 100% of the VAT on your contract. This makes leasing a fleet of vehicles a cost-effective option.
As well as this, Bridle Vehicle Leasing has its own Salary Sacrifice scheme that allows employers and their staff to acquire a brand new company car, fully serviced, maintained and insured for either 2 or 3 years, all whilst making substantial savings due to Income Tax and National Insurance (NI) savings.
Choose from a wide range of vehicles
We offer leasing contracts on vehicles in all shapes and sizes. From small superminis to large LCVs, we’ll have a vehicle for you. Our website allows you to choose the exact derivative that you’re after.
If you'd like to take a look at our latest special offers click here.
Go electric!
The electric vehicle industry is a rapidly growing and developing sector. This means that things like battery technology can quickly become dated. The average driving range on EVs from 5 years ago isn't a match for the latest EVs being manufactured today.
This makes leasing the ideal option for acquiring a new electric vehicle as you can keep up to date with the latest progressions in technology on each lease you make.
Our website has an array of offers on low-emission EVs. Choosing an electric car provides the opportunity to try out a greener lifestyle for you and your business fleet. See what the benefits of going electric are here.
If vehicle leasing has piqued your interest, then you can check out the different finance options and their suitability in more detail here.
If you have any questions you can also contact our friendly team using the button below!