Help Me Choose

Personal lEASING or Business Leasing

What is the difference between personal and business leasing?

Company Car or Car Allowance or Employment allowance?

When it comes to leasing a new car or van, you'll typically have two options to choose from; a personal lease or a business lease. If you're a private individual who's looking to lease a vehicle solely for personal use then the decision is simply, a personal lease is for you. However, if you're involved in a business (limited company, partnership, sole trader or LLP) and you plan to use the vehicle for business activities, then you may be eligible for a business lease, some employees may have the choice between a company car or car allowance or employment allowance.

Pros of business contract hire (CH)

Firstly, a business lease (business contract hire) is essentially where your company leases a car or van. This may be an ideal option for people who intend to use their vehicle for business and personal use.

Business car leasing is used by VAT registered companies, limited companies, partnerships and sole traders. A business contract hire agreement can be used for both vehicles that are to be used solely for business and company cars that will be used by employees out of work hours too.

Below we have outlined just a handful of benefits to leasing a business car. Please read our complete business car leasing guide for more info.

  • Tax Benefits - if your company is VAT registered you can claim a portion of the VAT back. Typically, you may be able to claim 50% VAT back on the monthly rental payments and 100% VAT back on the maintenance payment.
  • No Expensive Capital Outlay - Leasing business vehicles enable you to maintain working capital for your business. 
  • Flexible Repayment - Invoices can also be fixed dependent on your cash flow requirements for quarterly, pause periods and advance rentals.
  • Pay less tax – With business contract hire agreements, the cost of the monthly payments can be offset against taxable profits to reduce the amount of tax the business pays.

Pros of personal contract hire (PCH)

Personal leasing (personal contract hire) is a type of vehicle leasing for individuals who wish to lease a vehicle solely for personal use. 

A PCH agreement allows you to effectively ‘borrow’ a new car from a leasing company and pay a reliable, fixed monthly payment for the service. You may also be able to take out a servicing and maintenance package, allowing you to pay a little more each month to cover the costs of servicing, repairs and breakdown costs. This will ensure that your monthly vehicle expenses are as consistent as possible, providing you with better financial security.

At the end of the agreement the car is returned to the leasing company and you have the option to take out a new personal contract hire agreement on either the same car or a different car.

Below we have outlined just a handful of benefits to leasing a personal car. Please read our complete personal car leasing guide for more info.

  • Higher Value Vehicle - Leasing allows you to drive a higher value car which you may not be able to afford if you were to buy the car.
  • New Car Every Few Years - depending on the length of your lease agreement, you get to drive a new car every few years.
  • Fixed Monthly Budget - your monthly payments are fixed throughout your contract and you also don't have to worry about the depreciation of the vehicle.
  • Less Hassle – At the end of your lease, you can simply hand the car back, avoiding the stress of selling the vehicle and the expense of depreciation.

Our Latest Leasing Offers

Here's just a handful of our latest leasing deals.

Special Offer
Skoda Kamiq SUV 5 Door 1.0 TSI 110ps SE
Skoda Kamiq SUV

5 Door 1.0 TSI 110ps SE

From

£141.02 per mth exc. VAT

Initial rental: £1,269.18 exc. VAT

Parking Sensors Cruise Control
Special Offer
Skoda Kamiq SUV 5 Door 1.0 TSI 110ps SE DSG
Skoda Kamiq SUV

5 Door 1.0 TSI 110ps SE DSG

From

£148.59 per mth exc. VAT

Initial rental: £1,337.31 exc. VAT

Parking Sensors Cruise Control
Hot Deal!
In Stock
Citroen C4 Cactus Hatchback 1.2 PureTech 110 Flair 6speed Start+Stop
Citroen C4 Cactus Hatchback

1.2 PureTech 110 Flair 6speed Start+Stop

From

£151.42 per mth exc. VAT

Initial rental: £1,362.78 exc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Special Offer
Skoda Octavia Hatchback Hatch 1.0 TSI 110ps SE Technology
Skoda Octavia Hatchback

Hatch 1.0 TSI 110ps SE Technology

From

£154.27 per mth exc. VAT

Initial rental: £1,388.43 exc. VAT

Sat Nav Cruise Control
Hot Deal!
Kia Ceed Hatchback 5 Door Hatch 1.0 T-GDi 118bhp 2 ISG
Kia Ceed Hatchback

5 Door Hatch 1.0 T-GDi 118bhp 2 ISG

From

£154.89 per mth exc. VAT

Initial rental: £1,394.01 exc. VAT

Reversing Camera Parking Sensors
Special Offer
Kia Ceed Estate Sportwagon 1.0 T-GDi 118bhp 2 ISG
Kia Ceed Estate

Sportwagon 1.0 T-GDi 118bhp 2 ISG

From

£159.63 per mth exc. VAT

Initial rental: £1,436.67 exc. VAT

Reversing Camera Parking Sensors
Hot Deal!
In Stock
Kia XCeed Hatchback 5 Door Hatch 1.0 T-GDi 118bhp 2 ISG
Kia XCeed Hatchback

5 Door Hatch 1.0 T-GDi 118bhp 2 ISG

From

£159.63 per mth exc. VAT

Initial rental: £1,436.67 exc. VAT

Reversing Camera Parking Sensors
Hot Deal!
In Stock
Vauxhall Grandland X SUV 1.2T 130ps SRi Nav
Vauxhall Grandland X SUV

1.2T 130ps SRi Nav

From

£170.35 per mth exc. VAT

Initial rental: £1,533.15 exc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
In Stock
Nissan Leaf Hatchback 5 Door Hatch Acenta 40KW 6.6KW Charger
Nissan Leaf Hatchback

5 Door Hatch Acenta 40KW 6.6KW Charger

From

£175.09 per mth exc. VAT

Initial rental: £1,575.81 exc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
Citroen C5 Aircross SUV 1.5 BlueHDi 130 Shine Plus Start+Stop
Citroen C5 Aircross SUV

1.5 BlueHDi 130 Shine Plus Start+Stop

From

£178.88 per mth exc. VAT

Initial rental: £1,609.92 exc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
In Stock
SEAT Leon Estate NF 1.5 TSI Evo 130 FR Sport
SEAT Leon Estate

NF 1.5 TSI Evo 130 FR Sport

From

£179.81 per mth exc. VAT

Initial rental: £1,618.29 exc. VAT

Met. Paint Included
Sat Nav Cruise Control
Special Offer
In Stock
Kia Stonic SUV 1.0 T-GDi 118bhp Connect ISG
Kia Stonic SUV

1.0 T-GDi 118bhp Connect ISG

From

£182.34 per mth exc. VAT

Initial rental: £1,641.06 exc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Special Offer
Kia Niro Estate 1.6 GDI Hybrid 139bhp 2 DCT
Kia Niro Estate

1.6 GDI Hybrid 139bhp 2 DCT

From

£185.18 per mth exc. VAT

Initial rental: £1,666.62 exc. VAT

Reversing Camera Parking Sensors
Special Offer
Kia Pro Ceed Sportwagon 1.5 T-GDi 158 GT Line ISG
Kia Pro Ceed Sportwagon

1.5 T-GDi 158 GT Line ISG

From

£188.96 per mth exc. VAT

Initial rental: £1,700.64 exc. VAT

Reversing Camera Parking Sensors
Hot Deal!
In Stock
MG Motor UK ZS Hatchback 5 Door Hatch Exclusive EV Auto
MG Motor UK ZS Hatchback

5 Door Hatch Exclusive EV Auto

From

£189.28 per mth exc. VAT

Initial rental: £1,703.52 exc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
In Stock
Citroen C5 Aircross SUV 1.5 BlueHDi Shine Plus EAT8 Start+Stop
Citroen C5 Aircross SUV

1.5 BlueHDi Shine Plus EAT8 Start+Stop

From

£194.02 per mth exc. VAT

Initial rental: £1,746.18 exc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Special Offer
Skoda Kamiq SUV 5 Door 1.0 TSI 110ps SE
Skoda Kamiq SUV

5 Door 1.0 TSI 110ps SE

From

£171.49 per mth inc. VAT

Initial rental: £1,543.43 inc. VAT

Parking Sensors Cruise Control
Special Offer
Skoda Kamiq SUV 5 Door 1.0 TSI 110ps SE DSG
Skoda Kamiq SUV

5 Door 1.0 TSI 110ps SE DSG

From

£178.31 per mth inc. VAT

Initial rental: £1,604.77 inc. VAT

Parking Sensors Cruise Control
Hot Deal!
In Stock
Citroen C4 Cactus Hatchback 1.2 PureTech 110 Flair 6speed Start+Stop
Citroen C4 Cactus Hatchback

1.2 PureTech 110 Flair 6speed Start+Stop

From

£181.70 per mth inc. VAT

Initial rental: £1,635.34 inc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Special Offer
Skoda Octavia Hatchback Hatch 1.0 TSI 110ps SE Technology
Skoda Octavia Hatchback

Hatch 1.0 TSI 110ps SE Technology

From

£185.12 per mth inc. VAT

Initial rental: £1,666.12 inc. VAT

Sat Nav Cruise Control
Hot Deal!
Kia Ceed Hatchback 5 Door Hatch 1.0 T-GDi 118bhp 2 ISG
Kia Ceed Hatchback

5 Door Hatch 1.0 T-GDi 118bhp 2 ISG

From

£185.87 per mth inc. VAT

Initial rental: £1,672.81 inc. VAT

Reversing Camera Parking Sensors
Special Offer
Kia Ceed Estate Sportwagon 1.0 T-GDi 118bhp 2 ISG
Kia Ceed Estate

Sportwagon 1.0 T-GDi 118bhp 2 ISG

From

£191.56 per mth inc. VAT

Initial rental: £1,724.00 inc. VAT

Reversing Camera Parking Sensors
Hot Deal!
In Stock
Kia XCeed Hatchback 5 Door Hatch 1.0 T-GDi 118bhp 2 ISG
Kia XCeed Hatchback

5 Door Hatch 1.0 T-GDi 118bhp 2 ISG

From

£191.56 per mth inc. VAT

Initial rental: £1,724.00 inc. VAT

Reversing Camera Parking Sensors
Hot Deal!
In Stock
Vauxhall Grandland X SUV 1.2T 130ps SRi Nav
Vauxhall Grandland X SUV

1.2T 130ps SRi Nav

From

£204.42 per mth inc. VAT

Initial rental: £1,839.78 inc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
In Stock
Nissan Leaf Hatchback 5 Door Hatch Acenta 40KW 6.6KW Charger
Nissan Leaf Hatchback

5 Door Hatch Acenta 40KW 6.6KW Charger

From

£210.11 per mth inc. VAT

Initial rental: £1,890.97 inc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
Citroen C5 Aircross SUV 1.5 BlueHDi 130 Shine Plus Start+Stop
Citroen C5 Aircross SUV

1.5 BlueHDi 130 Shine Plus Start+Stop

From

£214.66 per mth inc. VAT

Initial rental: £1,931.90 inc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
In Stock
SEAT Leon Estate NF 1.5 TSI Evo 130 FR Sport
SEAT Leon Estate

NF 1.5 TSI Evo 130 FR Sport

From

£215.77 per mth inc. VAT

Initial rental: £1,941.95 inc. VAT

Met. Paint Included
Sat Nav Cruise Control
Special Offer
In Stock
Kia Stonic SUV 1.0 T-GDi 118bhp Connect ISG
Kia Stonic SUV

1.0 T-GDi 118bhp Connect ISG

From

£218.81 per mth inc. VAT

Initial rental: £1,969.27 inc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Special Offer
Kia Niro Estate 1.6 GDI Hybrid 139bhp 2 DCT
Kia Niro Estate

1.6 GDI Hybrid 139bhp 2 DCT

From

£222.22 per mth inc. VAT

Initial rental: £1,999.94 inc. VAT

Reversing Camera Parking Sensors
Special Offer
Kia Pro Ceed Sportwagon 1.5 T-GDi 158 GT Line ISG
Kia Pro Ceed Sportwagon

1.5 T-GDi 158 GT Line ISG

From

£226.75 per mth inc. VAT

Initial rental: £2,040.77 inc. VAT

Reversing Camera Parking Sensors
Hot Deal!
In Stock
MG Motor UK ZS Hatchback 5 Door Hatch Exclusive EV Auto
MG Motor UK ZS Hatchback

5 Door Hatch Exclusive EV Auto

From

£227.14 per mth inc. VAT

Initial rental: £2,044.22 inc. VAT

Met. Paint Included
Reversing Camera Parking Sensors
Hot Deal!
In Stock
Citroen C5 Aircross SUV 1.5 BlueHDi Shine Plus EAT8 Start+Stop
Citroen C5 Aircross SUV

1.5 BlueHDi Shine Plus EAT8 Start+Stop

From

£232.82 per mth inc. VAT

Initial rental: £2,095.42 inc. VAT

Met. Paint Included
Reversing Camera Parking Sensors

Personal contract hire & business contract hire with LetsTalk Leasing   

Here at LetsTalk Leasing, we offer competitive rates on both personal contract hire and business contract hire agreements for cars and vans, including electric and hybrid models.

If you’re not sure which option is most suitable for your circumstances, then our team of experts will be happy to listen to your requirements and help you come to a cost-effective decision.

For more information about our services, get in touch with our team of friendly advisors by giving us a call on 0330 056 3331 or emailing contact@letstalkleasing.co.uk.

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