Thank you to our existing personal lease customer (now on his 4th car!) for visiting the CarLease UK team in their new SUV – the Vauxhall Grandland X.
As a local customer, based in St Helens (Merseyside), they have invested almost 10 years of loyalty into our car leasing team here. As a nationwide delivery business, our customers (personal and business) vary from Northern Scotland to Southern England and with anything in-between. However, over the last couple of years we have noted a shift in customer attitudes towards working with more local businesses and enterprises.
For a business who can offer an ardent mix of online discount/prices coupled with family-business quality service, there is a clear recipe for success.
We also understand that leasing a car reflects the 2nd biggest purchasing decision (after a house) and customers need to ensure they are making the correct decision, as well as a safe one. Also, some customers are still reticent to provide personal details online.
For anyone looking at car leasing in the Manchester/Liverpool area, do feel free to visit the team here if you want a more personal approach.
So is there a maximum age limit for a car lease? Our customer here, a retired individual, reflects much of our growing customer database and demographic. While the online age has spurred the younger generation into online purchasing and transactions, the older generations are now equally proficient and can benefit from the same advantages.
To confirm, there is no maximum age limit in that if you are 75/80 years old, the finance company will not reject your application; quite simply this would be age discrimination.
Every individual who enquires with our team will have to go through the same process in that this is a credit-based application.
As we have been discussing, this involves providing some key personal details including:
· Your full address (and for any addresses you have resided in over the last 5 years) – house number, street, postcode, city and region;
· Date of birth;
· Home telephone number and mobile number;
· Employment details for the previous 3 years – employer name, employer address and employer telephone number;
· Bank Details – including your bank name, account name, account number, sort code and date the account was opened; and
· Income and expenditure – this is required as part of affordability reviews and will include, amongst other things, your gross annual salary, car allowance, mortgage/rent, food/drink/clothing, fuel expenditure, any loans, utility bills and other material expenditure (for example school fees/student loans).
For a retired person, some of the details above might be more difficult, in particular the fact that they cannot provide “employment details”. Does this mean we cannot proceed? Absolutely not. With a retired individual on a car lease, if they have been retired for 3 years (or more) we simply state this on the form.
What we do ask is that the customer provides clear details of any pensions/income they are in receipt of, as this is very relevant for our affordability review.
While contract hire is credit-based (finance companies will use search functions such as Experian/Equifax), it is also based around the income/expenditure of a customer. The main reason for this is that we need to ensure the customer is being treated fairly and is not taking on a finance product which is not suitable for their needs and requirements.
Leasing is a fixed term contract and it is not possible to simply walk away if it becomes an unaffordable proposition.
So why should an older person lease a car? Contract hire is a fixed term agreement for 2, 3 or 4 years. For an older person, particularly those having to go through a driving licence renewal every 2 years, this allows the ability to fix the car around your personal circumstances.
If you purchase a vehicle and lose your driving licence, you are still responsible for the vehicle. This means if the vehicle has depreciated (which it does more quickly in the first year), this could result in you losing money.
Additionally, with contract hire you can include the cost of all servicing and maintenance (including tyres and breakdown recovery). For an older individual this means you can have fixed cost motoring – you fuel and insure the vehicle only. We also provide customers with a “maintenance” card, which means they have comfort of a one-call number to resolve any issues they may have. Covering low-miles? This isn’t an issue for us, as contracts can be arranged on as little as 5,000 miles per annum.
In terms of the car shown here, the Vauxhall GRANDLAND X HATCHBACK 1.2T Sport Nav 5door Auto (Petrol), this is based on the following configuration:
· Dark Ruby Red Metallic Paint
· Morrocanna/cloth – Jet black
· Dark tinted rear windows
· 18″ 5 spoke diamond cut alloy wheels in Technical grey
As standard the car includes park and go pack, 3 spoke leather covered steering wheel, high beam assist, 8-way adjustable front seats, 18” alloys, two tone black roof, active leather front seats, headlamp levelling, rain sensitive windscreen wipes, sound insulating glass, CSC, ESP, hill start assist, cruise control, forward collision warning, lane departure warning, speed sensitive power steering, sat nav with 8” colour screen, Bluetooth, auto dimming interior mirror, electrically adjustable heated door mirrors, steering wheel mounted control, body coloured externals, front log lights, climate control, ambient interior lighting, welcome lighting, remote security alarm, engine immobiliser and autonomous emergency braking. In terms of additional factory options, consider – dark tinted rear windows, fixed panoramic roof and winter pack 1.
On the technical-side, company car and business users can note the P11d at £27,510.00 and CO2 at 120g/km. The 1199CC 6 speed auto engine delivers 54.3 combined MPG (EC), 130ps and 0-62 times of 10.9 seconds. Service intervals on the petrels Grandland X are set at every 12 months or 16,000 miles, whichever lands sooner.
So would the Grandland be your select leasing option? Or would the Ford Kuga, Nissan Qashqai, VW Tiguan or Kia Sportage be your preferred car?
Find the very best lease car deals on the awesome Vauxhall Grandland X @CarLease UK – or – check out more SUV lease car options and ideas below.