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Frequently Asked Questions
How does car leasing work?
Car leasing is a simple and flexible way to drive a brand-new vehicle without the long-term commitment of owning it. You choose your car, agree on a lease term (usually 2–4 years), pay an initial rental, and then make fixed monthly payments. At the end of the lease, you return the car and can upgrade to a new one. No need to worry about depreciation or selling the car later – it’s all taken care of.
Why should I lease instead of buy?
Leasing allows you to drive a new car without the full cost of buying one upfront. You get lower monthly payments, access to the latest models and technology, and you don't have to deal with selling or trading in when you're ready for something new. It’s a hassle-free, budget-friendly way to stay on the road in style.
How is leasing different from PCP?
While both leasing and PCP (Personal Contract Purchase) offer lower monthly payments compared to buying outright, the key difference is what happens at the end. With leasing, you hand the car back – simple. With PCP, you have the option to buy the car with a final payment, trade it in, or walk away. Leasing is ideal if you want to change cars regularly without ownership worries.
Can I lease if I have poor credit?
Having poor credit doesn't automatically rule out leasing. Every case is different, and finance providers look at a range of factors when assessing applications. We’ll work with our panel of funders to see what options are available and guide you through the process to give you the best chance of approval.
Is it possible to lease without a deposit?
Yes – there are lease deals available that require little to no upfront payment. While a larger initial rental can help reduce your monthly payments, we can tailor agreements to suit your budget, including low-deposit and no-deposit options. Just let us know what works best for you.
Is van leasing a smart option?
Absolutely – van leasing is a great choice for businesses and sole traders who want to keep their fleet up to date. You can drive a reliable new van every few years with manageable costs, and many business customers can benefit from VAT recovery and potential tax advantages. It’s a smart way to stay on the move while keeping expenses predictable.
How do I get the best lease deals?
We work with top UK funders and a network of trusted dealers to bring you the best lease deals across more than 50 premium brands. Whether you're after a personal or business lease, our team is here to help you find the right deal to suit your needs and budget – without the hard sell.
What makes leasing better than buying?
Leasing gives you flexibility, lower upfront costs, and peace of mind. There’s no need to worry about resale value or long-term maintenance, and you can upgrade your vehicle more often. For many, it’s a stress-free way to enjoy a new car without the commitment of ownership.
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01522 440440
sales@key2lease.co.uk
Key2Lease Ltd
Roman Way
South Hykeham
Lincoln
LN6 9UH.
OPENING TIMES
We are available Monday - Friday 8:30am - 6:00pm