Personal Car Lease

[Antman]

Still a very good price.

[Scruff]

Hi,

I've started contracting in April (LTD) and I'd like to lease a car on personal contract hire.

I pay myself the minimum tax free wage plus available dividends.

Does anybody know if I have chance for finance approval?

Thanks

Sign up at www.noddle.co.uk and you will be able to check your Credit Score - it costs you nix.

[d000hg]

Sign up at www.noddle.co.uk and you will be able to check your Credit Score - it costs you nix.

Or the new: MoneySavingExpert MSE Credit Club - Check your credit score & boost your chance

I joined when they announced it the other week, seems quite good.

[chopper]

I've started contracting in April (LTD) and I'd like to lease a car on personal contract hire.

Consider a PCP deal rather than PCH. PCP has a route to ownership, PCH doesn't. This makes it beneficial if you want out of the deal (e.g. can no longer afford it, or want to change your car earlier than the end of the term).

With Ford, I found there was a magic figure around £27k - above £27k and Ford Credit want to see evidence of earnings and they couldn't understand the unique way an IT Contractor earns money. Below £27k and they don't care ;-)

[LondonManc]

Consider a PCP deal rather than PCH. PCP has a route to ownership, PCH doesn't. This makes it beneficial if you want out of the deal (e.g. can no longer afford it, or want to change your car earlier than the end of the term).

With Ford, I found there was a magic figure around £27k - above £27k and Ford Credit want to see evidence of earnings and they couldn't understand the unique way an IT Contractor earns money. Below £27k and they don't care ;-)

Another thing to be wary of with a lease car is how picky they are when you hand it back. Take photos of everything on the day that you give it back.

[runiuksp]

Another thing to be wary of with a lease car is how picky they are when you hand it back. Take photos of everything on the day that you give it back.

In terms of being picky is it better to go VW dealership direct rather than using one of the brokers?

[eek]

In terms of being picky is it better to go VW dealership direct rather than using one of the brokers?

It will be VWFS regardless of whom you use and they will just use BCA.... Most online comments are that they are fair and the rates are low....

[DSF70]

Has anyone used Carwow to secure their deal?

I'm also interested in the Tiguan SE.....carwow were offering £3400 off of the RRP for the finance deal.

[CoolCat]

Lingscars dot com are good

[eek]

Lingscars dot com are good

Not really for vw. I don't believe she does vwfs and she is expensive compared to elsewhere.