When it comes to leasing a car, your credit history is very important. Leasing suppliers who are providing a vehicle worth tens of thousands of pounds want to know that their investment is protected. I say investment because ordinarily the leasing company will be ordering you a new vehicle from the manufacturer. This is based on the fact that you will be leasing it for 2-3 years.
Not all suppliers work like this and that is when Car Leasing With A CCJ (County Court Judgement) is a possibility. We work direct with Volkswagen and Skoda who have a fleet of pre-registered vehicles awaiting delivery to their showrooms. Not all showrooms require new vehicles so they need miles putting on the cars to sell as used cars.
Why Is Having A CCJ Frowned Upon With Lease Companies
Having a CCJ on your credit file tells a financial lender that there is a risk when dealing with you. It isn’t necessarily true but unfortunately people tend to get tarred with the same brush when it comes to these things. There are many reasons someone could have a CCJ and it isn’t always because you do not pay your debts.
We are not here to judge anyone one their credit history. We are a broker and never actually get to see that information. Our focus is making car hire and other services available to as many people as possible. Regardless of age, credit history or living situation.
More About Car Leasing With A CCJ
We are able to offer new VW and Skoda cars on short term lease deals, from 1 month to 12 months at a time. The reason Car Leasing With A CCJ is possible in this instance is that the risk is very minimal. The monthly fee is taken upfront and as it is a short term agreement, the supplier is able to take the vehicle back should any issues with payment occur.
The package deals are fully inclusive, meaning that you only need to add fuel. Your monthly payment covers the rental and insurance of the vehicle. This is where it differs to standard contract hire or traditional leasing.
As they only want a certain amount of miles adding to the car, they will change you into a brand new car every 3 months. This will be delivered to you for convenience as part of your original delivery cost. Your monthly allowance is 2000 miles which is very generous compared to most lease agreements.
How Much Does It Cost To Lease A Car With A CCJ
Lets look at the numbers. The monthly cost of a short term lease on a small car like the VW Polo or Skoda Fabia is currently £509 for a manual and £539 for an automatic. This is the cost you will pay upfront every 30 days as your lease agreement for the car. There is an up front one-off cost of £150 to cover the delivery and collection of the vehicle, anywhere in England and Wales, this also covers the change over of the car after every three months. £250 will be held against your credit or debit card as a deposit for the rental and ultimately you will be liable for an insurance excess of £1000.
- Brand new car
- Changed every 3 months
- Delivered & collected
- 2000 miles per month included
- Bad credit ok
- From £509 Per 30 Days
- £150 upfront
- £250 Deposit held
- £1000 Maximum Insurance liability
If you would like to know more, or would like to reserve a car then please speak with our team today. Our direct number is 01138800748, you can email sales@thealternativeagency.co.uk, chat with us online or simply fill out the leasing enquiry form here.
