Leasing explained

Leasing a car can be a great way to drive a new vehicle without needing to buy one outright. If you're new to car leasing, our useful guides will break down the basics to help you learn more about the leasing process.

Why lease a car?

If you like to upgrade your car every few years, leasing can be a great option.

Benefits include:

  • It's often cheaper than buying a new car using a bank loan or on finance.

  • You enjoy the perks of a new car without worrying about depreciation.

  • No hassle of reselling your car.

Who can lease a car?

To take out a car leasing agreement, you need to meet these criteria:

  • Be over 18

  • Have a valid driving license

  • Have a good credit score

  • Provide personal information

  • Share employment details

  • Provide valid documentation (e.g., ID, proof of address)

As featured in

LeaseCar UK VAT Registration No. 715 25 1558, Company Registration No. 3635778 Financial Services Register No. 677877, ICO Registration No. Z7112215

LeaseCar UK is a trading style of Central Contracts (S.O.T.) Limited. Central Contracts (S.O.T.) Limited is a credit broker not a lender. Central Contracts (S.O.T.) Limited is authorised and regulated by the Financial Conduct Authority LeaseCar UK is acting as a credit broker for the purposes of arranging your selected finance contract.


We have a commercial relationship with a carefully selected panel of lenders and we may receive a commission from the selected lender. We do not charge you a fee for our credit broking services. The Financial Ombudsman (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk.

Central Contracts (S.O.T.) Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (Registration No. 313486) and which is permitted to advise on and arrange general insurance contracts as an intermediary.

LeaseCar UK is a proud member of the Central Contracts family.
Central Contracts is authorised and regulated by the Financial Conduct Authority.