Leasing Guide

First, answer this question: do you want to drive your DREAM car?

What does being able to drive your dream car mean to you? Is it the sheer awesomeness that you can’t help but feel when you’re parading around in it? Or is it that added peace of mind – knowing that you’re driving a safe, reliable car? Car leasing opens many doors, so let’s have a look at some of the REAL perks.

With Motorama, you can preserve your savings through sensible monthly fees. Just search for your perfect car and place an order in minutes – it is that simple. We’ll even deliver right to your front door. How does that sound to you?

We thought you might need some more convincing, and we’re aware that this isn’t for everyone. That's why we've put all the best things about leasing in one place...our leasing guide. And, if you have any burning questions, check out our FAQs page, it might already have been answered there...

 

What is car leasing?

In short, car leasing with Motorama is the convenient, affordable and simple way to drive. It lets people like you drive brand-new cars for fixed monthly rentals. We’ve made driving your perfect car as easy as getting your next mobile phone.

We understand a car means different things to everyone. For you, it could be comfort and style, or you might be all about safety and reliability. Whatever you’re after, let us help you get to the good bit…drinking in the smell of your brand-new car.

 

The upgrade-cycle

The best way to see the real value of our smart way to drive, is to think of driving a car like you would view using a mobile phone. You wouldn’t keep your phone for much longer than 3 years in this day and age, would you? It’s natural to want an upgrade when your contract comes to an end, right? Ideally you would want to replace it for a smarter, more technically-advanced phone.

Why should it be any different with your car? If you can upgrade your phone every couple of years, then surely it makes sense to upgrade your car every few years too? THESE are the real pros of leasing a car:

  • Gives you the chance to drive your dream car through a sensible payment plan.
  • Low initial rentals, typically starting equivalent to 3 monthly rentals (although the more you put down, the lower your monthly rentals will be).
  • Choice of contract period from 24 to 60 months.
  • Hassle-free, fixed-cost motoring.
  • Free up capital – get a new car without the up-front costs, freeing up money for you to use elsewhere.
  • Reduced risk – the risk of car depreciation is eliminated. In most cases, at the end of the contract, the car is simply handed back without you having to worry about how much it might be worth.
  • Less administration – the finance company deals with all the buying and selling issues.
  • Mileage limits are pooled – even though you might select 10,000 miles per year, with a 3-year lease you actually have 30,000 to use across the term.

 

The smart way to pay

The biggest benefit of our proposition is that you usually get far more for your money, because you’re not purchasing the whole car, you’re only paying for the depreciation.

At the end of the contract term, you hand the car back – having spent a fraction of the amount of money an outright purchase would have cost you – and choose your next brand-new car to drive.

 

The proof is in the pudding

Let's put this into figures – this is where the true pros and cons become clear. And, as we already said, while this may not be the right choice for everyone, the figures make it a very compelling choice.

Take a look at this example: if you lease a £20,000 car for 3 years, and its predicted residual value at the end of those 3 years is £12,000, then you will only make lease payments on the £8,000 difference.

If you had decided to buy the car outright, you'd be making payments on the entire £20,000 or losing that whole lump in one go.

With leasing, that never happens. You're making the smart choice from the outset, and driving a brand-new car to boot!

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