Long Term Car Lease With Insurance Included In Suffolk
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FAQ
Just like any other vehicle on the road, lease cars have to be insured by law, and it's rare for cover to be included with the lease. That means you're responsible for getting insurance before getting behind the wheel.
No, they don't. A typical Select Car Leasing deal will come with the cover of a manufacturer's warranty, as well as road tax and breakdown cover, but does not routinely include insurance, maintenance and servicing, or additional support such as a courtesy car.
Since many leased cars are under warranty for the lease term, you're likely to have lower repair and maintenance costs compared with owning a vehicle outright. Also, lease companies often cover road tax costs, and, if the car is less than three years old, you won't need to MOT it, saving this additional outlay.
Salary sacrifice car leasing is a scheme in the UK where employees can give up a portion of their pre-tax salary in exchange for a leased vehicle, often at more favourable terms than if they were to lease independently.
The vehicle remains the property of the leasing company throughout the length of the lease term because you are, in effect, merely hiring it. But you're responsible for covering any maintenance costs, such as servicing, which come up during the course of your contract, as well as any repair costs.
What's a company car scheme? A company car scheme is when a company offers employees the use of vehicles for business and personal use. Although we've seen a rise in car allowances and alternatives in recent years, a company car is still one of the most popular benefits in the UK.
