Scorpion Leasing Ltd, Business & Personal Contract Hire and Vehicle Leasing


LEASING VERSUS BUYING

 

We often get asked: "Does leasing really beat buying...?"
 
The answer is very simple: the cost savings can be huge , especially if you want to change your car every 2 or 3 years. To demonstrate, here's an example of one of our current offers on a new Vauxhall Astra Diesel Sport Hatch 1.9 CDTi SRi [150] 3dr:

 

Buying

 Leasing

New price

 £          19,705.00

Initial rental

 £               554.97

Typical online discount

 £            3,165.00

35 subsequent rentals

 £               184.99

Discounted price

 £          16,540.00

Total rentals

 £            7,029.62

Road tax (year 2)

 £               120.00

Total VAT payable (@ 17.5%)

 £            1,230.18

Road tax (year 2)

 £               120.00

NB: current VAT rate = 15%

 

Typical 3-year repayment *

 £          18,873.36

 

 

Sale proceeds **

 £            7,675.00

 

 

Total cost of motoring

 £          11,438.36

Total cost of motoring

 £            8,259.80

Saving

 £         3,178.56

* "Typical 3-year repayment" based on Lombard Direct rate of 9.1% APR
** "Sale proceeds" based on used trade value at 36 months old with 30,000 miles on the clock - according to CAP Motor Research data (Mar 2009)

 

Simply put, leasing this car will save you over £3,000...!

As you can see, the potential savings are huge...!
 
Plus:
We deliver to your door - nationwide

Road Tax is included for the duration of the contract
All cars are brand new UK supplied (no imports)
You can reclaim 50% of the VAT on the monthly rentals if you're VAT registered
We'll do all of the paperwork for you

 

 

 
We can quote on ANY make or model so if you don't see the vehicle you're looking for please call 0333 6666 333 or CLICK HERE to request a quote
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All images and descriptions on this site are for illustration purposes only and may not reflect the actual specification. All offers are subject to change at any time and are subject to finance approval and vehicle allocation. All prices listed are based on monthly payments and are correct at time of publication. E & OE. All figures shpown are monthly payments. All Business Contract Hire pricing shown is exclusive of vat and with 3 payments in advance. All Personal Contract Hire pricing shown is INCLUSIVE of vat @ 17.5% and with 3 payments in advance. Different terms, mileages & contracts are available upon request.

 
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Contact us | Fax 0333 6666 334 | Tel 0333 6666 333