CarLease UK

Car Leasing & Contract Hire News, Mews & Reviews

How to Lease a High Performance Vehicle

28 August 2018 by phil

Can I lease a performance car?

For customers, personal or business, who are looking for a performance vehicle, contract hire may prove to be a more ideal solution than purchase style products. A contact hire arrangement is a fixed term contract based on 2, 3 or 4 years where a vehicle is a returned to the finance company at the end of the contract.

For a customer who wants to operate a vehicle for a fixed period of time, contract hire may offer a better “usership” approach.

Many customers look for a performance vehicle for a shorter period of time, generally as they like to change vehicles more often and after two years, you tend to have experienced all that the vehicle has to offer. With purchase style products, while more flexible, the risk is that the customer is taking on the nuance of depreciation. Many vehicles depreciate very quickly within the first two years, none more so than a high level performance car. With contract hire, the risk of depreciation is irrelevant as the monthly price you pay does not change regardless of a vehicle’s value; this is the risk undertaken by the finance company.

What we also discuss with a high performance car customer, is that contract hire provides an ability to fix of all your servicing and tyres costs within the agreement – “funder-maintenance”. When you are looking at a performance vehicle, you need to consider more than the acquisition cost; the cost of fuel, insurance, servicing, maintenance and tyres must form part of your calculations.

When you take a funder-maintained vehicle, you fix all of the servicing, maintenance and tyres costs.

Some finance companies even offer a “no quibble” tyre policy, which means that they will change a tyre for any reason whatsoever (excluding purposeful damage). These are expensive parts of running a car, so to fix your costs can add greater clarity and certainty.

For some of our high-net worth customers who want a more personal service, we do offer a more bespoke and tailored approach to leasing. If a customer needs something more special, we can offer a one to one service at our premises to ensure the matter is handled as carefully and as privately as is possible.

Check out some of the performance brands and sports cars currently on special offer @CarLease UK

Filed Under: Leasing News Tagged With: advice, help, high performance, sports

In Review; Jaguar iPace 294kW EV400 HSE 90kWh (Auto/ Electric)

All electric cars are ugly and unusable? Surely electric cars are just short-term phase and won’t really catch on? … [Read More...]

In Review; Tesla Model 3 Long Range AWD 4dr (Auto/ Electric)

What is the best electric car to lease in 2019? When is that new Model 3 Tesla ready to price and order? Looking back over … [Read More...]

Best Audi A3 Car Leasing deals

The Best Audi A3 Car Leasing deals

Audi A3 Car Leasing Deals Happy new car day to this Camden-based personal leasing customer. And a big thank you to … [Read More...]

the ultimate electric supercar

Is the Porsche Taycan the ultimate electric supercar?

The Ultimate Electric Supercars are available now Nothing has given the world of EVs more credence, or excitement, than … [Read More...]

Do I need to regularly charge my PHEV

Do I need to regularly charge my PHEV?

Thank you to our business car leasing customer, from Hereford, for sending pictures of their latest fleet addition - the … [Read More...]

Audi PHEV Car Lease

Audi PHEV Car Leasing

Audi PHEV Car Leasing Thank you to our business car leasing customer for allowing our dealership partners, Worcester … [Read More...]

Lease a New Car Before Brexit

Why NOW is the time to lease a new car (before Brexit)!

If you are able to turn your attention away from the COVID/Coronavirus situation for just a moment, you may remember that … [Read More...]

No Deposit Car Leasing

No Deposit Car Leasing – Myth or Real?

Do I have to pay a big deposit when I lease a new car? Firstly, thank you for the pictures of this brand-new BMW 3 … [Read More...]

Find & Follow CarLease UK

search for a lease car

In Review; Jaguar iPace 294kW EV400 HSE 90kWh (Auto/ Electric)

… [Learn More...]

In Review; Tesla Model 3 Long Range AWD 4dr (Auto/ Electric)

… [Learn More...]

In Review; VW Golf 2.0 TDI R-Line 5dr DSG (Diesel/ Auto)

… [Learn More...]

In Review; Tesla Model S 90kWh Dual Motor 5dr (Auto/ Electric)

… [Learn More...]

Best Electric Lease Car Deals 2019 for Company Car Drivers

… [Learn More...]

Best Audi A3 Car Leasing deals

The Best Audi A3 Car Leasing deals

Audi A3 Car Leasing Deals Happy new car day to this … [Read More...]

the ultimate electric supercar

Is the Porsche Taycan the ultimate electric supercar?

The Ultimate Electric Supercars are available … [Read More...]

Do I need to regularly charge my PHEV

Do I need to regularly charge my PHEV?

Thank you to our business car leasing customer, from … [Read More...]

Audi PHEV Car Lease

Audi PHEV Car Leasing

Audi PHEV Car Leasing Thank you to our business … [Read More...]

Lease a New Car Before Brexit

Why NOW is the time to lease a new car (before Brexit)!

If you are able to turn your attention away from the … [Read More...]

No Deposit Car Leasing

No Deposit Car Leasing – Myth or Real?

Do I have to pay a big deposit when I lease a new … [Read More...]

van lease uk promo

CarLease UK, VanLease UK and School Minibus Leasing UK are trading names of CarLease (UK) Ltd,

Call 01942 608 606 or Contact Us

Browse by Manufacturer | Check the Latest Deals | Browse by Type | Get Help & Advice | Areas Covered | News & Car Reviews

Ts&Cs | Privacy Policy | Procedure For Complaints | Information Notice  |  Initial Disclosure Document  | Terms of Business | Sitemap

All images on this website are for illustrative purposes only.

CarLease UK & VanLease UK work alongside a limited number of finance providers who may make payment to us if you enter into an agreement with them. Failure to maintain payments may result in the vehicle being withdrawn.

CarLease (UK) Ltd is Authorised and Regulated by the Financial Conduct Authority FRN 706617. Please note that CarLease (UK) Ltd is a credit broker and are not a lender. | FRN 706617 | BVRLA Membership No. 1471 | Data Protection Reg. ZA088399 | Registered in England 09312506

Copyright 2018 © CarLease (UK) ltd. All Rights Reserved.Registered Office Kings Business Centre, Warrington Road, Leigh, Manchester, WN7 3XG.
Call 01942 608 606 or Contact Us