Company vehicles are depreciating assets. Leasing allows you to budget for a fixed monthly cost covering daily road use, road tax, servicing, maintenance and breakdown. In other words, it improves cash flow, removes the hassle of running company vehicles and keeps your money working for your business.
Our skill lies in helping you make informed and cost-effective vehicle acquirement decisions based on whole-of-life cost figures. This means we look beyond criteria such as purchase price or front-end lease rental costs, and we assess the whole life costs of a vehicle against a range of variables, including contract length, lifetime mileage and expected future fuel prices. Our aim is to help you to maximise your financial, environmental and tax efficiency and run a low-cost, low-CO2, low-tax fleet.
As increasing numbers of people are coming to see, personal car leasing is a great way to remove the headache of owning your own vehicle. You don’t need a hefty down payment or a bank loan, and the vehicle’s depreciation is covered by your monthly lease payments. In fact, leasing allows you to drive a new car for a lot less than you would pay if you bought the vehicle outright. As the American oil tycoon J. Paul Getty once said, “If it appreciates, buy it. If it depreciates, lease it”.
A Personal Car Leasing arrangement with CGR is designed to give you peace of mind, with no unpredictable costs. We can also include all servicing and maintenance. So why not talk to us today. You could be driving the car of your dreams!
How is PCH leasing different from PCP?
At CGR we believe in keeping our customers fully informed
There are two main types of car leasing : Personal Contract Hire (PCH) and Personal Contract Purchase (PCP). PCH allows you to pick a new car every few years , without the worry about the car declining in value or having to sell it.
PCP is similar but give you the option to make a “Final Payment” to buy the car at the end of your lease contract.
According to the Finance and Leasing Association, 4 out of 5 people who lease with PCP do not buy the car at the end of their contract. If you do not want to buy the car at the end of your contract , its likely that PCH will work out cheaper.
At CGR, we specialise in Personal Contract Hire (PCH) leasing. That means you can hand your car back at the end of your contract with no further obligations, assuming you have the terms you agreed for your lease, such as your annual mileage limit.