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EFL Vehicles Ltd

Specialists in Unlimited Mileage & Finance Lease on New & Used Cars & Vans

01282 423884

sales@eflvehicles.co.uk

How leasing works

A lease is essentially a long-term rental agreement, offering exclusive use of a car for a set period at a fixed monthly price.

As a business, this is the most cost efficient method of funding the vehicles as it takes advantage of the tax and vat regulations to reduce the whole life running cost of your vehicles and is supported by the buying power of the finance company, to assist in reducing the cost even further.

The greatest cost of running any new car is depreciation, and many new cars will lose more than half their initial value after the first three years of ownership.

Leasing explained

Leasing a car lets you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease.

Unlike dealer finance or bank loans you only pay for the depreciation of the vehicle over the term rather than the full capital value.

Rather than pay large deposits you simply pay a small initial amount, usually equivalent to three monthly payments, at the start of the lease.

Then, at the end of the lease period (typically two or three years), you simply hand the car back. The job of selling the car and picking up the tab for depreciation is the responsibility of the lease company.

Contact us

Email : sales@eflvehicles.co.uk

Telephone : 01282 423884

Company Address :
EFL Vehicles Ltd
Empire Business Park
Empire Way, off Liverpool Road
Burnley
Lancashire
BB12 6HH

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EFL Vehicles Ltd are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 722358

Registered in England & Wales with company number : 07800704 | Data Protection No : Z2918843 | VAT No : 121343365

Registered Office : Britannic House 657 Liverpool Road, Irlam, Manchester, Lancashire, M44 5XD

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

Copyright © 2021 EFL Vehicles Ltd, All rights reserved.