Personal Car Leasing Guide

Personal Leasing

A Guide to Personal Car Leaseing

What is Car Leasing?

A car lease is simply a long-term agreement that allows you to use a vehicle for a set period of time at a fixed agreed monthly price.

If you decide to lease then you can tailor the agreement to suit your needs: deciding how long you want to keep the car for, your annual mileage, and adding a servicing and maintenance package if needed.

With our simple 4 step process leasing has never been easier.

4 step leasing process

Want to know more about our process? Just scroll down to the purple section at the bottom of the page and request your free guide to car leasing.

Why Should I Lease?

Leasing is becoming increasingly popular, and when you look at all the benefits of having a lease car it’s little surprise.

A lease allows you to have the latest model or even a totally different car every couple of years, without the cost and stress involved in selling and buying.
Leasing is often cheaper than buying a new car or van with a bank loan or dealer finance.
Not only can you customise the terms of the lease (length, mileage and maintenance) with a lease you can also choose the exact model and spec that you want.
Unlike if you owned the car, when you lease you don’t have to worry about the vehicle value depreciating.
All of our lease vehicles are brand new, so if your lease is shorter than three years you will not need to MOT the vehicle.
If you decide to lease rather than buy outright, your new car will still come with a manufacturer’s warranty, and will be covered by this for most, if not all, of your lease.
On all of our leases you have the option to take out a maintenance package, which spreads the cost of servicing and required maintenance across the duration of the lease to avoid any large unexpected bills. You can find out what’s covered by maintenance here.
Another thing you won’t need to worry about with when you choose to lease is the road tax, as this is covered for the duration of the lease by the funder.
We have great deals across a wide range of vehicles and lease terms. Take a look at our top offers to find your perfect lease.

Am I Eligible to Lease?

As long as you have a full UK driving licence, can afford the monthly rentals and are over 18 then you can apply to lease a car.

There is no upper age limit to leasing a vehicle.

If you are looking to lease a vehicle through a business then please look at our Business Leasing Guide.

Please note that as part of the application process there will be a credit check. If you are concerned about this then take a look at our guide to leasing with poor credit.

How Can I Lease a Vehicle?

If you are leasing a car in your name then it will usually be through a Personal Contract Hire (PCH) Lease.

PCH leases are similar to long-term car rental agreements, only instead of paying a large sum up front you spread the cost over the duration of the contract. You can still choose to make a larger initial payment to reduce the following monthly payments.

To see our business lease options head over to our Business Leasing Guide.

Other Things to Consider:

Selling Your Current Vehicle:

We have teamed up with Carwow so that if you decide leasing is the right choice for you then we can help with selling your current car as well.

Carwow can provide you with an initial valuation, just put your reg into the search below, then you can receive the best offer from their network of over 3,000 dealers and quickly sell your vehicle.

Insurance

It will be your responsibility to insure the vehicle for the duration of the lease, and this will need to be fully comprehensive insurance.

GAP Insurance

GAP insurance will cover you if the car is written off or stolen and unrecoverable, and there is a gap between what your insurer and funder value the vehicle and remainder of the lease at. For more information on GAP insurance take a look at our guide on it.

Can I Change My Mileage?

When you take out a lease you will need to choose your annual mileage allowance and if you go over the contracted mileage then there will be an excess mileage charge at the end of the lease.

Some funders will look at amending the mileage if you have a change in circumstances or end up doing more miles than expected, but usually not until you have had the vehicle for a year so that they have an accurate estimate of your annual mileage.

If you need to amend your mileage then you can just give us a call and we can request a quote for you.

Who Arranges Servicing?

Unless you opt for a maintenance package as part of the lease it will be your responsibility to service and maintain the vehicle, in accordance with the funder and manufacturer’s guidelines.

If you have chosen to include a maintenance package then you would need to get in touch with the provider and arrange servicing and any maintenance with them. For more information on maintenance packages click here.

What Happens at the End of the Lease?

When taking out a lease it is important to remember that you will be handing the car back at the end of the contract.

We will be in touch towards the end of your contract to discuss your options but you can also find a guide to the end of lease process here.

Most funders have guidelines on what condition the vehicle will need to be returned in, which are based on the BVRLA’s Fair Wear and Tear Guidelines.

Ending the Lease Early

If you have a change in circumstances and need to end the lease early then you would need to get an early termination quote from the funder.

We can request this on your behalf, you will just need to get in touch with our team.

Please be aware that the early termination quotes are usually only valid for around 30 days.

Once you agree to the quote and sign the necessary documents we can then arrange for the vehicle to be returned.

Why Choose Xcite Car Leasing

Great Deals: We work with all of the UK’s major finance companies along with a wide network of dealers to be able to provide you with the very best deals. Take a look here to see our current top offers.
Stock Vehicles: We have a range of vehicles in stock to get you on the road as quickly as possible once your finance documents are completed and approved, with a lead time of three to four weeks on in stock vehicles.
Easy to Contact: There are a number of ways that you can contact us. You can call us on 0330 221 0000 or email us on hello@xcitecarleasing.co.uk. You can use the pop-up box in the bottom right of the page to talk to our team via live chat (if it’s out of hours you’ll get an email when we’re back in the office). You can click here or even schedule a call back at the best time for you by clicking on the purple phone on the bottom left of the screen.
Here to Help: From the very start of the process, through the ordering, finance documents and delivery we are here to help every step of the way. Take a look at our guides page or get in touch with our Team if you have any questions before placing your order. Once the order is confirmed you can contact our Support Team on 0330 221 0000 (option 3) or via email on to discuss any questions you have.
Straightforward Process: Leasing through Xcite Car Leasing is a simple process, you can take a look at our Personal or Business Leasing Guides or just scroll down and complete your details in the green box below to get a copy of our guide to leasing.
Years of Experience: Xcite Car Leasing has 20 years of experience in the leasing industry, so you can be sure that when you place an order with us you’re in safe hands.
Happy Customers: Don’t just take our word for the great service you’ll receive. Take a look at our review page to see what our customers are saying.
Sell Your Current Car: Xcite Car Leasing are proud to have teamed up with Carwow in order to help you sell your current car before you lease vehicle arrives. They provide a quick, hassle-free, and reputable service that you can trust.