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TFS offer a personalised service to people looking to lease a vehicle for personal, domestic and leisure use.
Here at TFS you will find an extensive range of vehicles suitable for every professional, family size, couples and individuals alike. Once you have chosen the vehicle you prefer, submit a no-obligation application form and a personal vehicle leasing specialist will contact you to discuss the finance options available to your criteria.
You will receive a full and impartial personal car leasing broker service with all the advice you need from help with choosing the right vehicle for your personal requirements to arranging a suitable finance option and ensuring your chosen car is delivered to your doorstep in the condition you expect.
If you have already done your research you can start by taking a look at the featured personal lease cars offered below listing the top UK deals available on the range of vehicles in stock with indicative prices.
TFS offer a huge choice of personal lease cars with a variety of options, monthly budget and contract terms.
To get an overview of what's popular you can start with visting our best personal lease car deals and then refining your search by choosing your favourite make and model or using our comprehensive search filters to display all the latest cars are available and click on compare to make a list of all the vehicles within your budget, term of lease and technical requirement.
Once you have shortlisted the best cars of your choice you can easily decide which deal is suited for your personal use and submit an application form to start the finance process.
For further information on the finance options available please continue to read below where we have highlighted the key differences and important points to bear in mind when deciding on the type of lease that may suit you.
As the name suggests Personal Contract Hire (also known as personal leasing) is simply contract hire but for individuals
Personal Contract Hire (PCH) or Personal Lease (PL) is based on a fixed term contract where customers pay an agreed monthly charge for the use of a vehicle for a previously agreed period.
It benefits customers wishing to eliminate the financial risk associated with disposing of a vehicle. Personal leasing contracts are usually taken over two, three or four years, providing a high level of flexibility. Some contracts can be formally extended beyond the end of contract date if required. Just ask and we can answer any of your questions regarding extending your contract.
Applying for a Personal Contract Hire car may not be as difficult and daunting as you think. It can be simple if you understand the key details. PCH is based on a fixed annual mileage agreed on inception of a contract. You will need to decide how many miles you drive each year before quotations can be obtained. Once you have stated how many miles you drive in a year and considered which vehicle you would like to lease a quote can be created for you by one of our sales team.
Regulations with regard to making mileage amendments after contracts are live vary from funder to funder, so it is always better to be as accurate as you can be. If you do exceed the agreed allowance at the end of your contract you will pay an excess mileage charge, which will have been agreed upon prior to signing the finance agreement.
Please remember this when deciding upon you annual mileage. If you are looking to have predictable motoring costs adding maintenance to your monthly payment is easy. Maintenance is there to put your mind at rest should any challenges arise with your vehicle and generally covers servicing, routine maintenance, tyres, exhausts and batteries.
Please note that it is responsibility of the person named on the finance agreement to arrange and pay for fully comprehensive insurance for the vehicle. It is important that the vehicle is returned in accordance with the guidelines set out in the 'Fair Wear and Tear Guide', a copy of which is made available to customers when they are near the end of their PCH agreement.
Personal Contract Purchase (PCP) is a type of vehicle finance agreement for personal customers looking to fund a new or used vehicle in a manageable way
The monthly payments are not subject to VAT, however if you do take out the optional service package then you will have to pay VAT on the service costs.
Personal Contract Purchase (PCP) is ideal for any individual who would like options at the end of their finance agreement. PCP customers make an initial payment when they first take out the contract, then pay fixed monthly payments and finally have an Optional Final Payment (OFP) at the end at the end of the contract which is also referred to as the GFV (Guaranteed Future Value).
You can trade in or sell your vehicle at a dealership and take another vehicle from them. If the trade in value is larger than the OFP you will be able to use the difference towards a deposit on a new vehicle. Or, you can simply return the vehicle to the funder, as long as you have not exceeded the mileage and the vehicle is in an appropriate condition for its age there will be no charge. Finally, you can keep the vehicle either by paying the OFP in full or you will find that most companies offer the opportunity to re-finance the OFP.
Lease Purchase is for people who would like to own a vehicle but do not necessarily have the money to buy one immediately.
Lease Purchase is another type of vehicle finance which is ideal for non VAT registered customers who eventually wish to take ownership.
It is a flexible product and it is possible to put down a larger initial payment, which has the advantage of reducing the monthly payments. The monthly cost is worked out on the difference between the retail value and the depreciation value plus interest. This means that choosing Lease Purchase for a vehicle which holds its value will work out in your favour.
The main difference between Lease Purchase and Contract Purchase is that instead of having the choice at the end of the contract to purchase the vehicle, which you would have with Contract Purchase, you have already entered into a contract to purchase the vehicle at the end of the contract with Lease Purchase.
This contract is only for those who are absolutely sure that they want to take ownership of the vehicle at the end of the contractual period, and pay any balloon payments attached to the contract. Lease Purchase agreements typically last between 2 and 4 years although the agreement can be settled at any time throughout the contract.
Now that you know more about personal vehicle leasing you can now start browsing all the great deals available on personal contract hire lease cars through TFS and apply for finance today.
If you can't find anything that suits you please don't hestitate to call us on 0800 910 1111 and speak to a leasing specialist that will help you locate a car and arrange a finance deal according to your requirements.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 0800 910 1111
TFS Vehicle Leasing
25-39 Small Heath Highway
TFS Vehicle Leasing are a credit broker and not a lender. TFS Vehicle Leasing are a trading style of Central Accident Management Services Limited and are regulated by the Financial Conduct Authority. Registered No : 461286
Registered Office : 25 Small heath Highway, Birmingham, B10 0EU | Registered in England & Wales with company number : 05927767 | Data Protection No : ZA094260 | VAT No : 896128091
TFS Vehicle Leasing are a member of the BVRLA, membership number 7066.
TFS Vehicle Leasing Are The Official Fleet Management Partner To Birmingham City Football Club.
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