Personal Leasing Explained

A guide to personal car leasing

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.

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 access to the latest model or even a totally different car every couple of years, without the cost and stress involved in buying and selling.
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), you can also choose the exact model and spec that you want.
Unlike if you owned the car, 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 3 years you won't 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.
All of our leases include 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 large unexpected bills. Find out what’s covered by maintenance here.
Another thing you won’t need to worry about when you lease is the road tax, as this is covered for the duration 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's no upper age limit to leasing a vehicle.

If you're looking to lease a vehicle through a business then look at our Business Leasing Guide. Please note that as part of the application process there will be a credit check. If you're concerned about this then take a look at our guide to leasing with poor credit.

How can I lease a vehicle?

If you're 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 subsequent monthly payments.

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

Other things to consider:

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

When you take out a lease you'll 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've 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 just give us a call and we can request a quote for you.

Unless you opt for a maintenance package as part of the lease it'll 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.

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

We'll 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.

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

We can request this on your behalf, just 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 3 to 4 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 phone at 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've 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 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.

If you have any more questions about the leasing process then please take a look at our FAQs.