Our aim is always to satisfactorily resolve any complaint at the earliest opportunity, so please
make sure you contact us. Your views are important, so please make them known to
us.
Types of Financial Products
Car leasing is one of the most popular way most people 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.
For more methods of car leasing and car finance
click here
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
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Any content or images found on this website belongs to
us, and took a long time to create so please don’t steal
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Links from
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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.
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.
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.
If you have any problems with receiving a quote proposal, please email us.
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 nearly 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 in most cases 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 or one of our suitable
associates
who handle the delivery and finance side of the car lease. Some car deals come all inclusive, other cars are plus delivery and
may charge admin fees. In any case a full break down will be supplied before you make a commitment.
On our website we promote that our prices are 50% off compared to car dealers' manufacturer list prices. This comparison is not for like for like deals but based on brand new vehicles verses used vehicles and referrers to saving money by leasing a used car, instead of leasing a brand new car.
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.
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 user's 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.
VAT can only be claimed back by a business for brand new cars and vans only. The VAT cannot be claimed back for used cars or vans.
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).
SSL Certificates & Security
We have taken special measures to protect our websites and our customers from
malware and malicious links.
Our website
time4leasing and
cars2lease have earned the McAfee Secure Certificate and
the
Godaddy SSL Certificate, where all transactions on our websites are protected with up to 256-bit Secure Sockets Layer encryption, so your data will not be stolen and you should be safe.
Interest Rates
If you do not want to pay any interest
you can only lease a brand new car on a
contract hire agreement which means you will have to return the vehicle at the
end of the lease. You also need to have excellent credit history and pay a substantial up front payment to secure the vehicle. If you have
bad credit history then you can only
lease a used car and you have to pay an interest charge. Please ask for a free
quote to get sent some offers for you to evaluate.
Disclaimer
This is an independent free comparison service provided by Time4leasing, a
trusted partner of companies which are authorised and regulated by the Financial Conduct Authority (FCA). 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 recommend that all company car drivers consult their own accountant with regards to their particular tax position. 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).
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.
Trading Styles
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.
We can supply you with practically any car you could
think of.
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with your requirements.
