Sprint Contracts Limited - The Car and Commercial Vehicle Leasing Experts

Call us on 01782 566 806

sales@sprintcontracts.com

Mon - Fri 9.00am to 5.30pm

5th June 2020 -Here to help all our customers. Call for details of our flexible short term rentals if you cannot commit to a longer contract – cheaper than daily rental. Stay safe.

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.

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Contact us

Email : sales@sprintcontracts.com

Telephone : 01782 566 806

Company Address :
Sprint Contracts Limited
Unit 1, Studio 2, Lymedale Court
Dalewood Road
Newcastle under Lyme
Staffordshire
ST5 9QH

Sprint Contracts Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 688249

Registered in England & Wales with company number : 3871903 | Data Protection No : Z6896619 | VAT No : 797685151

Registered Office : Unit 1, Studio 2 Lymedale Court, Dalewood Road, Newcastle Under Lyme, Staffordshire, ST5 9QH

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 © 2020 Sprint Contracts Limited, All rights reserved.

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