Car leasing : let's go in depht

Hi, I would like to talk about car leasing because recently I happened to need it and would like to help all those who seek to understand how it works, the advantages and disadvantages of it !

Car leasing is the preferred means by companies and commercial companies to take advantage of new vehicles without incurring into bureaucratic aspects of car ownership ( such as payment of the insurance, and maintenance of the stamp) because  it is directly covered by the company. Car leasing is very similar to a loan. Usually, the company that offers financing is defined as "Lessor" and you're called a  "Tenant". Almost always, the tenant is responsible for the car as if it were his own, his name appears on documents in the possession and circulation of the car but the good thing is that you don't have to pay for maintenance and/or insurance.

People involved

The subjects involved in a car lease contract are three: you, the Leasing Companies and the Company that sells the car. On this last subject, you need to know that in reality this does not directly sell the car but sells it to the leasing company with which it often establishes a special agreement.
I would add that generally, those who opt for car leasing are almost always professionals or entrepreneurs, that is, everyone who use the car for business purposes and therefore has a VAT. Companies in fact (or even companies, cooperatives or individual entrepreneurs) can deduct from taxes up to 50% of the fee.
There is no law that prohibits a private individual to turn to a financial lease for the car.

The duration of the contract

the duration of the contract varies from a minimum of 12 months (for individuals, and minimum two years for those with VAT) up to a maximum of six years may be extended. We also mentioned that the main feature is the ability to pay the rent of the car through a fixed fee.   In this regard we must emphasize that the fee is paid monthly, however, often offer some Financial customers can opt to pay by installments every two months.
Obviously, if you choose additional options to your car leasing contract , your monthly fee will be increased in relation to the additional services that you have required. The first installment, called maxirate , is  always the highest one ( which means almost  10% of the value of the car) .

My personal advice on car leasing.
Positive issues:

• Not immobilized your capital as you would buying a car.
  - At the end of the contract you can return the vehicle "worn out" and are not subject to the depreciation of the vehicle
• With full leasing you do not have take care of the maintenance or the payment of fixed costs (insurance, road tax etc. ..). 
• There is the possibility of deducting tax expenses.

Negative issues:

• Substantial documentation to be submitted.
• Obligation to insure the car for theft and fire (this only happens with some companies) who does not hold VAT can not enjoy the tax benefits. 
• Consider the additional expenses such as investigation of which can be very high
• The time required for approval of funding can be very long. 
• Ability to ban driving for other people: 
• Obligation to look only to the garages.

Finally, if you want to know where you can directly calculate  car leasing rate online, I suggest this site: http://www.yourfleet.co.uk/information/company_car_tax_reckoner.php