Personal Car Lease

[runiuksp]

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

[eek]

I will depend on your credit rating.

It should, However, be easy enough to get finance as the car doesn't belong to you

[Antman]

I just got this recently and I was told that you have to have pretty poor credit to not get accepted by the car companies.

Which car are you going to pull the trigger on?

[runiuksp]

I just got this recently and I was told that you have to have pretty poor credit to not get accepted by the car companies.

Which car are you going to pull the trigger on?

I'm thinking about the new VW Tiguan

[eek]

I'm thinking about the new VW Tiguan

It's a VW so also look and see if another of their brands offer an identical car (i.e. the Seat Ateca) - it may be cheaper..

Personally the rules for a lease car is care less about the actual model you want and see how cheap you can get it for. My top of the range automatic passat is costing me £120.01 a month...

[Antman]

It's a VW so also look and see if another of their brands offer an identical car (i.e. the Seat Ateca) - it may be cheaper..

Personally the rules for a lease car is care less about the actual model you want and see how cheap you can get it for. My top of the range automatic passat is costing me £120.01 a month...

Is that amortised?

[missinggreenfields]

I'm thinking about the new VW Tiguan

What are the emissions like?

[eek]

Is that amortised?

Yep.... It was a stupid misprice that VW honoured for reasons unknown.... £120 a month on a 3+23 deal so £130 amortised....

[northernladuk]

Yep.... It was a stupid misprice that VW honoured for reasons unknown.... £120 a month on a 3+23 deal so £130 amortised....

So not really much help banding the figure around without qualification?

[eek]

So not really much help banding the figure around without qualification?

No except my point was to emphasis that the best deals are based on what the manufacturer wants to sell this week / quarter (and sometimes they are very good indeed)..