Whether you're a car or van user, there’s no doubt motoring is one of the biggest outlays we all face nowadays. For most of us, that means not only running costs like tax and fuel but the cost of a loan to finance your purchase. Which means a chunk of your hard-earned cash goes to paying the interest on the full price of your car or van.
The beauty of Allied van and car leasing deals is that you don’t have to finance the full cost of your chosen vehicle – so you have less to pay back and won’t pay as much interest. What this means for you, simply, is substantially lower monthly leasing payments. This is because the finance company will give your new car a ‘residual value’ at the end of the lease term. You only have to borrow and pay up the difference between the new price and the residual value of your car or van.
So yes – Allied car and van leasing really is your way to less borrowing, less interest and lower monthly payments.
Let’s face it, selling a second-hand car or van is a hassle most of us could do without. You can choose to trade it in with a dealership but will you get what it’s really worth? You might try advertising and selling the vehicle yourself – in other words, more expense, more time, more hassle.
The great thing with Allied van and car leasing deals is that you have absolutely nothing to do when it comes to moving on your vehicle at the end of the lease period. That responsibility belongs entirely with the finance company – again, because they’ve built that in to the ‘residual value’ at the end of your preferred lease period.
Running a vehicle as it get’s older can be when the headaches start. Coming out of warranty cover creates risk; repair costs start to arise; you have an MoT to get through every year; and the chances of breakdown start to increase.
With Allied van and car leasing deals you can plan your life or your business so much better. Decide what lease period suits you best – you can choose to lease your car or van over two, three or four years – and then you’ll know you simply won’t have to worry about your vehicle getting any older than that. All you do is meet your fixed, monthly payment and then hand your vehicle back to the finance company at the end of the leasing period.
Fixed monthly payment
Hand your lease vehicle back after two, three or four years
Choose your next great van or car leasing deal
Allied van and car leasing deals – all about saving money and reducing hassle.
Allied provide a range of van & car leasing deals to suit your particular vehicle needs and circumstances. These are each explained below but please don’t hesitate to call our expert leasing advisors on 0800 587 9634 if you have any queries about any aspect of van or car leasing.
Contract Hire - Van & Car Leasing Deals that Put you in Control of your Business
Our most popular van and car leasing deal for business users.
Your contract includes:
Brand new vehicle
Full manufacturer’s warranty
Annual road fund license
Additional options include:
Maintenance contract
Relief vehicle
You pay:
Agreed initial payment
Fixed monthly fee
Other costs:
You are responsible for obtaining valid, fully comprehensive motor insurance and of course your normal fuel costs.
Leasing period:
Choose a van or car leasing deal over two, three of four years.
End of lease:
Simply hand your vehicle back to the finance company, at the end of your van or car leasing period.
Tax benefits:
Reclaim VAT on 50% of your vehicle leasing payments and 100% of vehicle maintenance contracts.
Credit benefits:
Open up a new credit line for your business and avoid tying capital up in your vehicle(s)
Personal Contract Hire - Car Leasing Deals that take the Hassle out of Motoring
Our most popular car leasing package for personal users.
Your contact includes:
Brand new vehicle
Full manufacturer’s warranty
Annual road fund license
Additional options include:
Maintenance contract
Relief vehicle
You pay:
Agreed initial payment
Fixed monthly fee
Other costs:
You are responsible for obtaining valid, fully comprehensive motor insurance and of course your normal fuel costs.
Leasing period:
Choose a car leasing deal over two, three of four years.
End of lease:
Simply hand your vehicle back to the finance company, at the end of your car leasing contract.
Personal Contract Purchase – Car Leasing Deals that Give you an Asset
This variation on Personal Contract Hire provides the option to purchase your car at the end of the lease period. As a result, monthly costs and total repayment will normally be higher. These can be reduced if you agree a final or ‘balloon’ payment, in advance, equivalent to the 'residual value' of you lease car or van.
Your contract includes:
Brand new vehicle
Full manufacturer’s warranty
Annual road fund license
Additional options include:
Maintenance contract
Relief vehicle
You pay:
Agreed initial payment
Fixed monthly fee
Final payment, agreed in advance, should you decide to purchase your lease vehicle at the end of your vehicle leasing period.
Other costs:
You are responsible for obtaining valid, fully comprehensive motor insurance and of course your normal fuel costs.
Leasing period:
Choose to lease your car over two, three of four years.
End of lease:
Should you decide not to purchase your lease vehicle at the end of your contract, simply hand it back to the finance company.
Contract Purchase – Van & Car Leasing Deals that Give you an Asset
Similar to Personal Contract Purchase, Contract Purchase provides businesses with the option to buy your car or van at the end of the lease period. As a result, monthly costs and total repayment will normally be higher. These can be reduced if you agree a final or ‘balloon’ payment, in advance, equivalent to the ‘residual value’ of you lease car or van.
This option may suit financing of higher value vehicles and companies which are unable to fully reclaim VAT.
Your contract includes:
Brand new vehicle
Full manufacturer’s warranty
Annual road fund license
Additional options include:
Maintenance contract
Relief vehicle
You pay:
Agreed initial payment
Fixed monthly fee
Final payment, agreed in advance, should you decide to purchase your lease vehicle at the end of your vehicle leasing period.
Other costs:
You are responsible for obtaining valid, fully comprehensive motor insurance and of course your normal fuel costs.
Leasing period:
Choose a car leasing deal over two, three of four years.
End of lease:
Should you decide not to purchase your lease vehicle at the end of your contract, simply hand it back to the finance company.
Tax benefits:
Reclaim VAT on 50% of your vehicle leasing payments and 100% of vehicle maintenance contracts.
Credit benefits:
Open up a new credit line for your business and avoid tying capital up in your vehicle(s)
Finance Lease
A Finance Lease may suit your business van or car leasing needs if you want to show vehicles as an asset on the company balance sheet. This means administering your own leasing arrangements. There are two routes you can follow:
Make monthly payments lower by pre-setting an agreed final or balloon payment.
Either way, your leased cars or vans can and must be sold at the end of the vehicle leasing period and an agreed part of the sale proceeds paid to the finance company.