Lease World Ltd

Offers car and van leasing and contract hire to business and personal motorists. Our aim is to give you the best service at the most competitive rates possible! We offer free delivery and collection to all Cities and all towns and villages including Bath Brighton Canterbury Chichester Durham Gloucester Lancaster Lichfield London Norwich Peterborough Preston Salisbury St Albans Truro Westminster Worcester Birmingham Bristol Carlisle Coventry Ely Hereford Leeds Lincoln Manchester Nottingham Plymouth Ripon Sheffield Stoke On Trent Wakefield Winchester York Bradford Cambridge Chester Derby Exeter Kingston upon Hull Leicester Liverpool Newcastle upon Tyne Oxford Portsmouth Salford Southampton Sunderland Wells and Wolverhampton. Bangor St. Davids Cardiff Swansea and Newport. Aberdeen Glasgow Dundee Inverness Edinburgh and Stirling. Occassionally we have to charge a small fee if the vehicle required is a very long distance from the delivery address. This would normally only apply to remote places such as Inverness and would be avoided if possible. Leasing: Car and Vehicle leasing is the leasing of the use of a motor vehicle for a fixed or indefinite period of time. It is commonly offered by dealers as an alternative to car or vehicle purchase. The key difference in a lease is that after the lease expires the lessee must return the car or vehicle to the dealer or buy it. Rationale: Car Leasing offers advantages to both buyers and sellers. For the buyer lease payments will usually be lower than payments on a car loan would be and qualification is usually easier. Some consumers may prefer leasing as it allows them to simply return a car and select a new model when the lease expires allowing a consumer to drive a new vehicle every few years without the responsibility of selling the old vehicles. A lessee does not have to worry about the future value of the car or vehicle while a vehicle owner does. For the leasor leasing generates income from a vehicle the leasor still owns and will be able to sell or lease again once the original lease has expired. As consumers will typically use a leased vehicle for a shorter period of time than one they buy outright leasing may generate repeat customers more quickly which may fit into various aspects of a dealer's business model. Lease agreement: Lease agreements typically stipulate an early termination fee and limit the number of miles a lessee can drive (for passenger cars a common number is 10000 to 15000 miles per year of the lease). If the mileage allowance is exceeded fees may apply. Dealers will typically allow a lessee to negotiate a higher mileage allowance for a higher lease payment. Car Lease agreements usually specify how much wear on the vehicle is allowable and the lessee may face a fee if that amount of wear has been exceeded. The actual car lease payments are calculated very similarly to the way loan payments are but instead of an APR the company uses something called the money factor. At the end of a lease term the leasee must either return the car or vehicle to the owner or purchase it. The end of lease price is usually agreed upon when the lease is signed.

Lease World Ltd

50 Gratwicke Road, Tilehurst, Reading Berkshire RG30 4TT

✆ 01189 420030

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