Personal Leasing Deals
|Road Tax Included|
Personal leasing, or personal contract hire, is an affordable way to run a new car. Often at much lower monthly payments and deposit, or initial rental, than other finance deals, you can afford to essentially rent the car for 24,36 or even 48 months. You don't need to tax the car as it's included, and you can even include servicing in your monthly cost. At the end of your contract, simply hand back the car and get a new one.
TrueDeal™ is our unique formula that simplifies complex finance contracts.
Are you ever confused by whether that larger initial rental deal is more cost effective than the deal with the smaller initial rental? That's where TrueDeal comes in. It reduces your initial rental and subsequent monthly payments into one effective monthly payment. It makes comparison much easier.
Here's an Example
Which one of the following deals is better value for money?
A) 24 month lease at £200 per month with 6 months initial rental
B) 24 month lease at £260 per month with 3 months initial rental
Confusing isn't it? TrueDeal simplifies things.
A) 6 monthly payments as initial rental: 6 x £200 = £1200
Followed by 23 monthly payments: 23 x £200 = £4600
Total Cost = £5800
TrueDeal= £5800/24 = £242 per month
B) 3 monthly payments as initial rental: 3 x £260 = £780
Followed by 23 monthly payments: 23 x £260 = £5980
Total Cost = £6760
TrueDeal= £6760/24 = £282 per month
So, plan A averages out £40 per month cheaper.
Let TrueDeal do the maths for you. To activate TrueDeal, simply select it from the 'Sort By' on the search results.