First Vehicle Finance

A deeper dive into firstvehiclefinance.co.uk

Common questions asked about www.firstvehiclefinance.co.uk

1. How does car leasing work?

Car leasing is a popular alternative to buying a car outright. It involves renting a vehicle for a fixed period of time and paying a monthly fee. At the end of the lease term, you return the car. Leasing offers flexibility, as you can choose the duration and mileage that suits your needs. It also includes maintenance and servicing, making it a hassle-free option. First Vehicle Finance provides car leasing services and can guide you through the process, helping you find the right car and lease terms for your budget and requirements.

2. What are the benefits of leasing a commercial vehicle?

Leasing a commercial vehicle offers several advantages for businesses. It allows you to access the latest models without the upfront costs of purchasing. Leasing also provides flexibility, as you can easily upgrade to a newer vehicle when your lease term ends. Additionally, leasing includes maintenance and servicing, reducing the burden on your business. First Vehicle Finance offers a range of commercial vehicle leasing options, tailored to meet the needs of different businesses. Contact us to discuss your requirements and find the best leasing solution for your company.

3. What is GAP insurance and why do I need it?

GAP insurance, or Guaranteed Asset Protection insurance, covers the difference between the amount you owe on your vehicle and its actual cash value in the event of theft or total loss. This is important because standard insurance policies typically only cover the market value of the vehicle, which may be lower than the outstanding finance amount. GAP insurance ensures that you are not left with a financial shortfall. First Vehicle Finance offers GAP insurance as an additional protection option for your leased vehicle. Contact us to learn more about the benefits of GAP insurance and how it can benefit you.

4. How do I apply for finance with First Vehicle Finance?

Applying for finance with First Vehicle Finance is a straightforward process. You can start by requesting a quote on our website or contacting us directly. Our team will guide you through the application process, helping you choose the right finance option for your needs. We work with a panel of lenders to ensure competitive rates and flexible terms. Once your application is approved, we will assist you in finalizing the paperwork and getting you behind the wheel of your chosen vehicle. Contact us today to begin your finance application.

5. What is the difference between business car leasing and personal car leasing?

Business car leasing and personal car leasing differ in terms of who is responsible for the lease agreement. Business car leasing is intended for companies and allows them to lease vehicles for business use. The lease payments are typically tax-deductible, and the company may have additional benefits such as fleet management services. Personal car leasing, on the other hand, is for individuals who want to lease a vehicle for personal use. The lease payments are not tax-deductible, but personal leasing offers flexibility and convenience. First Vehicle Finance offers both business and personal car leasing options, tailored to suit different needs. Contact us to discuss which option is right for you.

Some reasons to choose firstvehiclefinance.co.uk

Wide range of vehicle options

The company offers a variety of vehicles for lease, including cars, vans, and electric vehicles. This allows customers to choose the vehicle that best suits their needs and preferences.

Competitive pricing

The company provides competitive pricing for their leasing options, making it an attractive choice for customers looking for affordable vehicle solutions.

Convenient EV tools

The company offers EV tools such as a fuel cost calculator and an EV tool for commercial vehicle drivers. These tools help customers assess the feasibility and benefits of switching to an electric vehicle.

Comprehensive insurance options

The company offers various insurance options, including GAP insurance, tyre and alloy wheel insurance, return to invoice GAP insurance, and SMART repair insurance. This provides customers with added protection and peace of mind.

Informative resources

The company provides a comprehensive guide to car leasing, which can be helpful for customers who are new to the leasing process. They also offer information on topics such as driving efficiently, the real costs of owning an EV, and the road to 2030. These resources help customers make informed decisions about their vehicle choices.