Leasing a car is the most cost efficient way to obtain a new car. With the option to choose the how much the initial payment is from 1 month to 12 months and monthly payments substantially lower in comparison to payments on PCP or a car loan.
With the added benefits of not having to have an MOT each year and the Road Fund Licence (Road Tax) included, it really is as simple as Lease and Drive you new car.
With leasing, you are effectively paying for the depreciation of a vehicle as opposed to a purchase of a vehicle. At the end of the lease you simply return the car without having to think about selling it, leaving you free to lease another brand new car.
When applying for a lease for either Personal Contract Hire (PCH) or Business Contract Hire (BCH), a credit search wil have been performed. If you as an individual or as a director of a business, have any adverse credit this will affect you ability to be approved for a lease agreement.
If you have been refused credit, click here to check your credit score and what factors have impacted your credit score.
On 29th January several changes to the highway code came into affect that dramatically change the way you drive. The new "Hierarchy of road users" gives higher priority to pedestrians and cyclists over larger vehicles. The larger the vehcile you are driving the greater the responsibilty you have to other road users. Priority is now given to pedestrians at junctions, the rule states "At a junction you should five way to pedestrians crossing or wainting to cross a road into which or from you are turning."
The final major rule changes give priority for cyclists when cars are turning. The rule states "You should not cut across cyclists, horse riders or horse drawn vehicles going ahead when you are turning into or out of a junction or changing direction or changing lane." Cyclists are now encoruaged to ride in the center of a lane in order to make themselves more visible to other road users.
Copyright © 1999-2021 VU Compare.com. All rights reserved.