Ex Lease Cars
If you are looking for an affordable nearly new car then an ex-lease or ex-fleet car could be the perfect type of used car to go for. Leasing and rental firms in the UK buy almost 50% of all new cars sold in the UK each year, these brand new vehicles are then leased and rented to a variety of different organisations and individuals.
Hundreds of thousands of cars are leased and rented to organisations, for a variety of different uses from pool cars to sales rep cars, alternatively many thousands of lease cars find themselves on the driveways and garages of individuals that have opted for a personal contract hire or lease car to cater for their travelling requirements.
At the end of the lease car’s contract period, usually one, two or three years, the vehicle is returned to the leasing company. The leasing company then disposes of the car via a variety of channels and the car enters the used car market. It is at this point where the canny car buyer can bag themselves a bargain.
While ex-lease cars tend to have higher mileages than privately owned cars, often they have been looked after, maintained, and serviced to a higher standard than a privately owned car. The vast majority of lease and fleet cars have also been smoke-free places thanks to the smoking ban, which means the car’s interior will be that bit better. Furthermore, the life of many small family, family, compact executive, executive, and luxury saloon lease cars is usually that of long periods on motorways and major A-roads being driven at near constant speed and in top gear, thus reducing wear and tear on the engine, brakes, and suspension. Shorter trips involve lots more acceleration, braking and gear-changing, so put a car under greater strain.
A further advantage of opting for an ex-lease car is that they’re likely to be easy to sell on again when you are looking to change vehicle this is down to the type of car which usually makes up the ex-lease market thanks to good standard specifications, high standard kit levels, neutral colour schemes, efficient engines choices, and no non-standard modifications. What’s more ex lease vehicle stock is predominately made up of popular, high volume manufacturers such as Ford, Vauxhall and Volkswagen, which means that on-going servicing and parts are shouldn’t be too expensive.
Finally, ex-lease cars can be a great way of sourcing bargain used executive and luxury makes and models, as leasing companies look to quickly dispose of high value cars returned at the end of their contracts.
So next time you look to change vehicles make sure you consider ex-lease cars.
The Ultimate Guide To Choosing Your First Car
- 01. Introduction - The Ultimate Guide to Choosing Your First Car
- 02. Five things to consider when choosing a car
- 03. Top 10 First Time Driver Cars: Vauxhall Corsa
- 04. Top 10 First Time Driver Cars: Volkswagen up!
- 05. Top 10 First Time Driver Cars: Fiat 500
- 06. Top 10 First Time Driver Cars: Citroen C1
- 07. Top 10 First Time Driver Cars: Ford Fiesta
- 08. Top 10 First Time Driver Cars: Ford Ka
- 09. Top 10 First Time Driver Cars: Suzuki Swift
- 10. Top 10 First Time Driver Cars: Toyota Yaris
- 11. Top 10 First Time Driver Cars: Renault Clio
- 12. Top 10 First Time Driver Cars: Toyota Aygo
- 13. Five things to remember once you‘re driving
- A Guide to Motability
- Automatic Car Leasing
- Best Car Leasing Deals
- Buy Versus Lease – the benefits of car leasing
- Car Depreciation
- Car hire glossary of terms
- Car insurance groups explained
- Car Insurance UK
- Car Lease Calculator
- Car Leasing For Driving Instructors
- Car Leasing Franchises
- Cheap Car Leasing
- Company Car Finance Options
- Company Car Tax Rates–Benefit In Kind (BIK)
- Company Car vs Car Allowance
- Company cars - advisory fuel rates
- Company Vehicle Leasing
- Contract hire tax benefits for businesses
- Ex Lease Cars
- Glossary Of Terms
- Lease Transfer
- Long Term Car Rental
- Luxury Car Leasing
- Mobile Phones and the Law
- Motability Contract Hire
- Personal Car Leasing
- Prestige Car Hire
- Private Car Leasing
- Private Number Plates
- Social Media
- Used Car Leasing
- Wear & Tear Guide
- What determines a car insurance group?
- What happens if a leased car windscreen cracks?
- Winter Tyres
- Alfa Romeo recalls
- Audi recalls
- BMW recalls
- Car recalls
- Chevrolet recalls
- Chrysler recalls
- Citroen recalls
- Ford recalls
- Honda recalls
- Hyundai recalls
- Mercedes Benz recalls
- Mitsubishi recalls
- Nissan recalls
- Peugeot recalls
- Porsche recalls
- Renault recalls
- Skoda recalls
- Subaru recalls
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- Toyota recalls
- Volvo recalls
- VW recalls