How Leasing Companies Operate – Discounts

Leasing companies cannot operate without the discounts they get from manufacturers, FACT! There are three main ways in which a leasing company will get consistent discounts. One is through the manufacturer, the other through the dealer and the third through a third party who has access to discounted vehicles (through their existing relationships with the

What Is Contract Hire – Explained

Contract Hire is a very specific type of finance, and as such, would always require a credit check to see if you are eligible. In essence, Contract Hire (otherwise known as leasing) allows you to get a brand new car without the hassle of long-term ownership. You’ll simply pay a monthly rental and an initial

How Cars Are Financed

Leasing companies, no matter how big or small need to raise capital in order to finance vehicles. One way in which they do this is to have an agreement with their bank and/or lender, and it fundamentally works the same way in which we [the public] lend money off our own bank. In reality, the

Capital Cost Explained!

The capital cost is the total cost of the asset, minus the discount plus all the options. No additional maintenance is included in the capital cost. So for example, the list price for a Ford Focus Titanium is, say, £21,000. A leasing company might get a 20% discount on that vehicle, which then makes the