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Terms & Conditions Welcome to Britain's favourite car leasing finance price comparison website Time4leasing.co.uk. We hope you enjoy using our website guide to compare the best car manufacturers, car leasing finance deals, cheapest prices and best service. However, to do so, you must agree to the terms and conditions of use, which together with our privacy policy lay the foundation of our relationship with you on this website. The Service The service time4leasing.co.uk provides is an independent online car leasing financial products search portal that puts reputable car dealers, brokers, lenders and buyers together.
The portal is designed to save you time and money when it comes to reviewing your
car leasing and other financial services. We also endeavour to find you the most competitive
offers and provide you with vehicle specifications, reviews and comparisons to make an informed choice on which product best suits your needs.
Time4leasing.co.uk does not sell, deliver or provide any financial services
itself and only acts to provide you with suggestions about where we think the
best and cheapest places to buy from are.
It is your responsibility alone to ensure that any
products or services you find through
Time4leasing.co.uk meet your
requirements. We shall not be held liable for any
problems you face at any other website or company you visit once you have
left Time4leasing.co.uk and any problems with any of the
products that you buy should be taken up with the
company that you purchased it from.
Types of Financial Products
Car leasing is one of the most popular ways Britons finance their vehicles
today, where a financier which is typically a bank or lender purchases a car
from a reputable car dealer on behalf of the customer and then leases the
vehicle to the customer in return for monthly rental payments.
These are the most popular financial products:
Hire Purchase
Hire purchase is one of the most popular types of vehicle finance in the UK and is ideal for consumers wanting a simple agreement with fixed monthly payments that allow for ownership of the vehicle once all payments have been made.
A hire purchase agreement works by offering you a secured car loan against the vehicle that you are purchasing.
In simple terms you are hiring the vehicle off the lender and paying a fixed monthly payment (including interest) over an agreed term. Once all of your monthly payments and the option to purchase fee has been paid in full you will then be the legal owner of this vehicle.
This financial product is popular for those drivers who do more than 10,000
miles per year because in most cases there are no limits to how many miles you
can do with this agreement.
Personal Contract Purchase
Personal contract purchase otherwise known as PCP is similar in principle to a hire purchase product, however it actually works more like a leasing product.
Instead of paying off the entire value of the car in monthly instalments you are effectively only paying off the vehicle's depreciation, hence the lower monthly payments. At the end of your PCP agreement there will be a lump sum outstanding which is commonly referred to as the balloon payment.
You will have several options as to how you would like to deal with this final amount, depending on whether or not you want to keep the car or change it.
1. Pay the outstanding balance, either in cash or by re-financing the balloon payment
2. Hand the car back
3. Use your vehicle as a part-exchange for another car
Lease Purchase
Lease purchase works in a similar way to hire purchase. It requires you to make monthly repayments but also allows you to defer part of the total cost of the car to back end of the agreement, called a balloon payment.
Up to 31% of the total vehicle's value can be deferred – this is usually calculated on the vehicle's residual value and in order to settle the lease the balloon payment must be paid. This lump sum can either be paid off in cash or re-financed on a standard hire purchase product.
As with most leasing products a maximum mileage limit will have to be agreed from the outset as this is what the lender will use to determine the residual value of the vehicle at the end of the contract.
Contract Hire
Contract hire is the most common form of leasing and must not be confused with a car loan. Contract hire is where you simply hire the vehicle from the leasing company over a set period. In that period it’s yours to drive around in, however you will never have the option of owning it.
You will have to return the vehicle because it does not belong to you.
Fixed monthly payments are put into place for the duration of the contractual period, these are calculated by the difference between the retail price of the car at the start and the estimated residual value of the car at the end of the contract.
At the end of your agreement you simply hand the car back.
All quoted prices are subject to VAT - Also available Business Contract Hire Car Leasing.
We reserve the right to amend figures if alternative finance arrangements are used and to amend Residual Values if metallic is omitted
or other accessories added. All car leasing motor vehicles come with and without maintenance.
Commission Disclosure
If a credit broker (including a motor dealer) receives a commission then The Financial Conduct Authority expects [under CONC 4.5.3R] that any intermediary disclose the existence of commissions, fee’s or other remuneration payable, in good time before a credit agreement or consumer hire agreement is entered in to. Discretionary commission models have been banned by the FCA as of the 28th January 2021.
CONC 4.5.4R goes on to say that:
At the request of the customer, a credit broker must disclose to the customer, in good time before a regulated credit agreement or a regulated consumer hire agreement is entered into, the amount (or if the precise amount is not known, the likely amount) of any commission or fee or other remuneration payable to the credit broker by the lender or owner or a third party.
The Financial Conduct Authority has made it clear that “commission” means any financial consideration.
Content found on
Time4leasing.co.uk Website
Any content or images found on this website belongs to
us, and took a long time to create so please don’t steal
or reproduce it without our express consent. However, we
do like to be friendly so if there is anything on this
website that you do like and would like to use on your
website then please contact us through our contact page
and we’ll see what we can work out.
Links from
Time4leasing.co.uk The pages on
Time4leasing.co.uk website will often contain links to other websites that we think that you might find useful and you
could use in your search for the perfect
car lease. However,
we do not endorse these websites nor do we take any
responsibility for any content found in them.
If we make a mistake on our website
We do try our very best to make sure that
Time4leasing.co.uk is up-to-date and accurate so that we
can provide you with the very best service possible.
However we are only human and are only as good as the
information we receive from our merchant websites.
Sometimes this information is incorrect, time delayed or
sometimes we may have just plain missed something.
Neither Time4leasing.co.uk nor any third parties with
information on the site provide any guarantee that the
information or materials found here at
Time4leasing.co.uk is one hundred percent accurate and
you acknowledge that this is the case by using this
website. However we are always looking to improve your
experience on this website and if you do find an error
please let us know and if it is in our power to fix it
then we will make an effort to do so.
After all making
your life easier is what this website was designed to
do. Images on Time4leasing.co.uk Web Site The majority of images found on this site are given to us by the companies that we promote and are for illustration purposes only. If you spot an image on this site that is in breach of copyright law then please let us know and we will remove it if proof can be produced. All images, pictures and/or photos and car descriptions on this site are for illustration and reference purposes only and are not necessarily the vehicle on offer. Partner Car Rental Websites associated with us We have hand picked a few websites that guide you to the cheapest and best car hire rental companies across UK and Europe. These websites offer the best compared deals and prices for Car Hire in Spain, Car Hire in the England, Scotland, Wales, Ireland and Car Hire in Greece, plus Car Hire in Crete, Rent a Car in Rhodes and for other countries try Car Rentals in Europe. Vehicles Out of Stock A team member will check your quote request for vehicle availability, in case you picked a vehicle that is not in stock we may suggest alternative vehicles that could work out cheaper for you. If you have any problems with receiving a quote proposal, please email us or leave a message on Facebook and you will be fast tracked. Age of Vehicles Typically vehicles that are featured as used are pre-owned from a previous customer or from our partners' ex fleet and in most cases the vehicle's age is 3 to 4 years old but many vehicles are 2 years old and in perfect condition and come with a full warranty. Vehicles that are featured as slightly used vehicles are 2 to 3 years old, some can be even newer and the newly new and ex demonstrator vehicles are anything from a few months old to 1 year old. In all cases we recommend customers clarify and confirm the exact age of the vehicle once they are contacted by their appointed personal customer advisor. As a general rule the cheaper the deal the older the vehicle and the more expensive the deal the newer the vehicle. Vehicles advertised as brand new are typically the latest model, supplied direct from the relevant car dealership and are obviously the most expensive.
Featured Vehicles and Offers
Time4leasing will help you compare the best specialist brokers for car leasing, car
hire, car finance and car supply, strictly governed by its relationships with
funders, lenders and car dealers, and cannot be held responsible for any change to vehicle specification or finance rates or any other variable outside of it's control so imposed by those companies.
All vehicle descriptions are supplied by dealers, and therefore Time4leasing shall not be held responsible for any related errors or emissions on pricing or vehicle description.
Time4leasing and their partners have the right to refuse a sale or adjust any details up until an order has been received in writing from the customer at an agreed price set by its partners.
Guide Prices All prices advertised on our website are
guide prices. Actual prices are supplied once an application form is sent to
our company, which in turn is forwarded via electronic means to a car dealer and or one of our suitable affiliates
who handle the delivery and finance side of the car lease. Some car deals come all inclusive, other cars are plus delivery and
admin fees. In any case a full break down will be supplied before you make a commitment. Guides prices are normally based on a customer profile who has excellent or good credit history, agrees to lease a vehicle for a period of 48 months and will doing up to approx. 40,000 miles over the agreed period. Other options available upon request. Payments on a lease agreement are typically less than on a HP agreement, hence why PCP is becoming more and more popular, the most popular lease is the PCP (Personal Contract Purchase) where you have the option to buy the car, return or part exchange with a guaranteed future value.
If you have Excellent, Good, Fair or even Bad Credit History, another popular way to obtain
and own a decent car is with a HP (Hire Purchase) agreement which is a traditional form of car finance where you pay a bit more per month to keep the car at the end of the term once you pay all the monthly payments due and option to purchase fee has been paid in full. However, you pay no balloon
payment to keep the car at the end of the agreement, because the car
ownership is transferred to you. Some customers once they have paid off the car payments they use this car as a deposit for their next new car. All featured price guides are powered by the vehicle and finance
settings chosen by the user. All price guides are based on prime and subprime interest rates, and are subject to change. In addition the
prices do not take into account any customer information or circumstances which can affect an individuals chance of getting
a lease finance for a vehicle. The figures provided are price guides and do not represent an acceptance for a loan of any kind. As the
prices are subject to a users personal circumstances and lender requirements, full confirmation on the price to be paid (including all related lender fees) will be detailed in the lenders customer documentation pack. All
prices are subject to 20% VAT. All business lease prices are plus 20% VAT. All
personal leasing is inclusive of 20% VAT or where not stated then it is plus 20%
VAT. All offers are subject to change at any time and are subject to
finance approval and vehicle availability. All prices correct at time of
publication. Errors and omissions excepted (E&OE).
Data Protection
If you make an application via Time4leasing.co.uk you consent to disclosing details of your application for leasing/finance with one of our regulated affiliates.
Your details will be passed onto one of your affiliates where your details will be held on computer and used in a credit scoring or other automated decision-making process when assessing your application.
Your information may also be sent to a 3rd party for further loan/insurance option purposes if requested.
In assessing your application for leasing or car finance any enquiry will be made with Credit Reference Agencies, who will record it so that it can be viewed by other Agency users. All information submitted via our apply now application page will be checked with fraud prevention agencies on behalf of our affiliates and if fraud is suspected then our affiliates will record this and those details will be shared with other subscribing organisations.
You the consumer authorise our affiliates to make all enquiries necessary to verify information to enable them to consider your application. By agreeing to the Terms and Conditions when making an application, you are giving your consent for the information provided to be used by one of our affiliates for administrative, underwriting, marketing and revenue purposes.
Under the terms of the act you have the right to obtain a copy of the information held about you upon payment of the appropriate fee.
We shall also not be liable for any problems you face at any website you visit once you have left Time4leasing.co.uk and any problems with any of the finance services that you pick with these prime and subprime finance companies should be taken up with the company that you are in contact with.
Our affiliate partners are regulated by the Financial
Conduct Authority. For more information please visit fca.org.uk
Disclaimer
Time4leasing who is an appointed affiliate and intermediary
of companies which are authorised and regulated by the Financial Conduct
Authority (FCA) provide an independent free comparison service for car leasing
and car finance.
The financial related content of the site other than vehicle specifications and reviews is for information purposes only and does not constitute tax and finance related advice
and we recommend that all company car drivers consult their own accountant with regards to their particular tax position.
When applying, one of our selected partners will conduct a soft credit search. However, this will not affect your credit rating. They will then provide you with all the information you need but won’t pressure you into any decision. We aim to match you with the right lending option for your personal credit circumstances. In assessing your application, we will make enquiries about you, including searching your records held by Equifax Plc and/or Experian Ltd. You consent to us disclosing details of your finance application and we may use a credit scoring or other automated process in deciding whether to accept your application. Your information may also be sent to a third party for further loan/insurance option purposes.
Whilst we take every care to ensure the information we provide is correct and up to date, please double check with the provider before committing yourself. This service is only intended for consumers eligible for Contract Hire Car Leasing or Car Finance which is offered only in the United Kingdom of Great Britain (England, Scotland, Wales and Northern Ireland).
Time4leasing is a trading style of White Hat Projects Ltd, Registered address: 115-119 Fort Dunlop, Fort Parkway, Birmingham, West Midlands, B24 9FE, England, United Kingdom.
Liability Accordingly, neither
Time4leasing nor its directors, representatives or employees, accept any liability whatsoever for any direct, indirect or consequential loss howsoever arising from the use of this Web-Site and the information supplied in connection therewith.
Electronic Communications
Any information electronically communicated via Time4leasing email messages, facebook, forums and blogs which are sent and received by Time4leasing employees and
representatives, our
customers and individuals using Time4leasing services, is confidential and may be legally privileged. It is intended solely for the addressee.
Access to these messages by any person is not permitted. If you are not the intended recipient, any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it, is prohibited and may be unlawful.
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