MPH Vehicle Solutions Ltd

Call us on 01242 500255
offers@mph.uk.com

Monday to Friday 9.00am to 5.30pm

How leasing works

A lease is essentially a long-term rental agreement, offering exclusive use of a car for a set period at a fixed monthly price.

As a business, this is the most cost efficient method of funding the vehicles as it takes advantage of the tax and vat regulations to reduce the whole life running cost of your vehicles and is supported by the buying power of the finance company, to assist in reducing the cost even further.

The greatest cost of running any new car is depreciation, and many new cars will lose more than half their initial value after the first three years of ownership.

Leasing explained

Leasing a car lets you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease.

Unlike dealer finance or bank loans you only pay for the depreciation of the vehicle over the term rather than the full capital value.

Rather than pay large deposits you simply pay a small initial amount, usually equivalent to three monthly payments, at the start of the lease.

Then, at the end of the lease period (typically two or three years), you simply hand the car back. The job of selling the car and picking up the tab for depreciation is the responsibility of the lease company.

More about us

Our services

Contact us

Email : offers@mph.uk.com

Telephone : 01242 500255

Company Address :
MPH Vehicle Solutions Limited
Pittville House
122 Winchcombe Street
Cheltenham

GL52 2NW

MPH Vehicle Solutions Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 677046

Registered in England & Wales with company number : 06676289 | Data Protection No : Z3442443 | VAT No : 939 878 444

Registered Office : Pittville House, 122 Winchcombe Street, Cheltenham GL52 2NW

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

Copyright © 2020 MPH Vehicle Solutions Limited, All rights reserved.

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