Vehicle Leasing Contracts - a guide to different methods of finance.

The following summaries are intended as guidelines only and are to assist you in choosing the most beneficial vehicle contract for your particular circumstances. Particularly in the case of businesses, the process of reaching a final decision about what type of vehicle contract to use should include a discussion with your accountant or qualified professional advisor who will have an in depth knowledge of your business and be aware of and understand the any changes in legislation relating to vehicle contracts.

A good trawl of the Internet will provide you with a wide variety of conflicting interpretations of what is involved with each type of vehicle contract. Moreover, information that was once accurate may have been superceded by new regulations. We have put a lot of effort into producing these guidelines on vehicle contracts and consulted widely, but we are not qualified accountants, alas. So, notwithstanding what follows, our best advice (and a principle we adhere to rigidly ourselves) is - talk to your accountant before making a final choice. If you have difficulty getting professional advice that you feel confident in, please call us and we will be happy to point you to authoritative sources of information.

You can download the Newlease CO2 calculator free if you want to know the tax liability of any vehicle before you choose a contract.

Follow the links below to see explanations of different vehicle contracts:

Contract Hire - Suitable for most businesses, almost half of the UK fleet market uses this option....

Personal Contract Hire - Personal Contract Hire is popular with individuals and employers who want to substitute a cash allowance for the traditional benefit of a company car....

Contract Purchase - Contract Purchase is mostly suitable for businesses where reclaiming VAT is not required....

Lease Purchase/Hire Purchase - If you wish to keep vehicles as a business asset....

Personal Lease Purchase/ Hire Purchase - This type of agreement is available to private individuals....

Finance Lease - An alternative to Contract Hire where the hirer has the option of paying back the capital cost of the vehicle over a longer period....

Glossary (Moves to page in current browser window - use 'back' button to return)

Glossary (Opens in new window)

Search for Car Leasing Offers by Make
Search for Car Leasing Offers by Price


Car Leasing & Contract Hire prices for business are quoted net of VAT. Personal Car Leasing & Personal Contract Hire prices are inclusive of VAT. Lease rentals shown are based on 10,000 miles per annum, with an initital payment of 3 monthly rentals, without maintenance, inclusive of GVED (Road Tax) throughout the contract. Pictures shown may differ slightly from offer models. Please make sure you check all quotations carefully and ensure you have clearly written terms before entering into any vehicle contract. Our staff will always give you impartial advice.

Copyright ©2007 - Newlease Vehicle Contracts
Web Design & Site Maintenance by - Techspression Web Design