Help Me Choose
Update Results

Search Filters

Update Results

What is Included in My Personal Car Lease?

Taking out a personal car lease is a cost-effective alternative to buying a new vehicle.

Car leasing was once something mainly companies did, with businesses giving employees access to new models without having to pay large lump sums up front.

Now, however, personal car leasing is on the increase as more people are realising the benefits.

But if you choose a personal car lease, what can you expect your deal to include?

Buying Your Car 

Obviously when we talk about buying your car, it’s not the same as when you actually buy a vehicle.

Firstly, you’re not paying out for the full cost of the vehicle.

Instead you agree a sum that is based on your expected mileage and how long you want a lease to run for.

Your mileage will be the total distance covered over the period of your lease. Typically, they last for a term of five years.

You can tailor your personal hire agreement to fit your specific requirements and, should you choose, you can pay a higher initial payment to bring down the cost of the regular instalments that follow.

Secondly, the flexibility of a personal car lease means you could drive a model you might otherwise not be able to afford to buy outright.

If you want to drive a prestige vehicle, it’s much more likely to be within your reach financially if you choose to lease it.

The whole process of leasing your personal car couldn’t be simpler:

  • You select the car you want to drive
  • You place your order
  • Complete your finance application
  • Do the paperwork, then
  • Wait for delivery of your car.

You don’t even need to visit the car showroom. You can make your choice at home, if you want.

Selling Your Car

In the regular world of car purchases, it can be a real headache when the time arrives to sell your car.

You own something that has depreciated, and you’re then having to go through the process of finding the right buyer and maybe trading it in as part-exchange.

With a personal car lease, however, the hassle of selling your car vanishes.

At the end of your agreed term, you simply hand the it back.

Your current payments end, and you are free to lease another.

You don’t have to worry about depreciation, because this has already been calculated and included in the agreed monthly amount you’ve been paying.

Even if you’ve exceeded your agreed mileage, there is the simple addition of a cost per mile calculation that you pay on returning the car.

It’s all explained clearly in your personal hire agreement.

Delivery of Your Vehicle

There’s no additional charge for delivering your vehicle to you or, for that matter, collecting it when your personal vehicle lease term is over.

Our standard delivery includes the vehicle of your choice driven from the supplier dealership, or the manufacturer, depending on what vehicle you choose.

This makes things easy for you, providing you with your chosen car at your convenience.

The time it takes to get your car to you will depend on the model and manufacturer.

For vehicles in stock, it’s normally one to three weeks. When we order from a manufacturer, it can take a little longer - usually between four and 12 weeks.

All you must do is check the vehicle on delivery; that it matches your specification and it has no damage or defects.

The whole process is designed with the customer’s convenience in mind, keeping things simple and streamlined.

Paying Road Tax

The cost of the road tax is included in the monthly payments you’re paying to lease your car.

This means you do not have to worry about paying Vehicle Excise Duty for the period you lease the car.

The length of time it covers will depend on the lease agreement you take out but in personal car hire agreements, tax is normally covered for the full contract.

Basicall, because you never actually own the vehicle, the road tax remains the responsibility of the leasing company providing you with the vehicle.

You can always check the DVLA website to see if the tax on your car is up to date.

Additional Costs

Whereas certain things come covered as part of your personal hire agreement, there are other aspects you must pay for yourself, that fall outside the monthly lease payments.

  • Car Insurance You will, by law have to insure your car. That is something you must arrange personally, as if you owned it.
  • Gap Insurance You do have the option to take out gap insurance on your car. This protects it from losing value through an accident, or in the event of it being written off during the term of your lease.
  • Service and Maintenance When you lease a vehicle, you are responsible for its servicing and maintenance within the manufacturer’s specified guidelines. You have the option to make your own, independent arrangements or you can choose to include service and maintenance within your agreement. This is an additional package, which covers full and comprehensive car maintenance. You can add it as a monthly fee when you first order your vehicle, but not once you’ve begun your lease term.

The Value of a Personal Car Lease Agreement

According to the BVRLA, there has been a surge in personal vehicle leasing. More people are realising the advantages this has, and the added value it can provide.

The cost of a monthly lease rental includes:

  • The vehicle’s depreciation
  • The cost of financing it
  • Road tax (Vehicle Excise Duty)
  • Its registration and delivery costs, and
  • A full manufacturer’s warranty.

It takes the hassle out of the business of car ownership, offers you much greater flexibility, with the potential to drive a prestige model you might otherwise feel is out of your budget.

And when it’s time for a change, or the lease term is over, returning your car couldn’t be easier.

Discover the value of a personal car lease for yourself.

Contact LetsTalk Leasing on 0330 056 3331 to discuss your options with our team of friendly advisors.

Alternatively, you can request a call back, or email us at or fill in our online contact form and we’ll be in touch as soon as possible.


Vehicle Showroom

You need to have an account to add vehicles to your showroom. Click the button below to login or to create a new account.

Register or Log In