Best Car Lease Deals in the UK
For People and Businesses With Bad Credit
We have the best lease deals to offer you covering all makes and models.
At Compass Vehicle Services, we’re committed to bringing you the best car leasing deals. If you have poor credit and are looking for an incredible lease deal on a brand new car, we’d love to help. whether it’s for personal car leasing or business use.
What is Car Leasing?
Car Leasing works as a simple and cost effective way to hire a vehicle in the short or long term, with fixed monthly payments. Leases are entirely flexible and lease contracts can be tailored to suit your exact needs. You can adjust your contract terms to have high mileage, low initial payments, no deposit, and adjust the length of the lease
✔ As simple as they come, with one fixed payment a month.
✔ Often the cheapest way to drive a brand new car.
✔ Avoids risk, as you’re not affected by an unexpected drop in value.
✔ Enjoy manufacturer warranty.
✔ Flexible lease deals.
Business Car Lease Deals
Business contract hire or company car lease deals can be a cost effective way for businesses wishing to run new cars. The monthly payments are fixed for the term of the contract and include Road Tax. For VAT registered companies, a portion of the VAT may be reclaimed. The vehicle is handed back at the end of the contract. Excess mileage charges will apply if the agreed mileage or fair wear and tear is exceeded.
CVS Ltd offer car leasing, van leasing or pick up truck leasing for your company – one vehicle or a fleet. Our business customers may have bad credit or simply no credit history due to the newness of the company. Talk to us about our car and van leasing deals.
Personal Car Lease Deals
Personal contract hire (PCH) is a type of lease for personal customers. It consists of an upfront payment followed by regular monthly payments over a fixed period of time. It is usually cheaper than financing a vehicle outright as you are effectively renting the vehicle. It doesn’t belong to you. The agreement is based on a fixed term and mileage. It’s also easy to switch from one car to another every few years.
No matter your bad credit status CVS Ltd will be happy to discuss personal car leasing deals for brand new or nearly new used cars.
Need some advice before you apply? Call, Email, or use Live Chat.
The cars and vans listed below are just an example of what we offer and is for guidance only – and we will put together a car leasing deal that suits you.
Can’t see the vehicle you want – that’s no problem, get in touch and tell us what you want.
Only 5 of each model available
1. Fill out the simple application form
If you have any questions about leasing or the application then get in touch and our friendly team will be happy to advise.
2. Send us supporting documentation
When we have received your completed application we will contact you and ask for the documents we need to support your application.
3. Approval Stage
Our in-house team will have an answer usually in 2 working days of receiving your application and all your supporting documentation.
4. Tailored Agreement
We create a unique, tailored lease agreement for each of our customers, to suit your specific requirements.
Why we can offer the best deals on your car lease?
At CVS Ltd we do not use third party underwriters. This means we are able to be more flexible than most in the bad credit car finance agreements we offer. Each lease agreement is designed to suit each individual customer; based on their budget, car requirements and circumstances.
Compass Vehicle Services offer a truly personal car lease deal, to all of our bad credit customers across the UK. We are authorised and regulated by the financial conduct authority.
Why will CVS lease me a car when other companies have declined me?
CVS are a specialist bad credit car leasing company. We look at affordability and traceability, and not at your credit rating. As we will also be the funders of your car (we will buy the car for you, and then lease it back to you), we have our own underwriters assessing your application. The underwriters will look at each application on an individual basis, so the more information you can give our advisors the better! We specialise in subprime car leasing, and understand that a credit score is not always a true indication of someone’s finances.
What lease car can I have?
We do not hold stock of vehicles at CVS. You are therefore not limited in the make or model of van or car you can have. Once you have been approved by our underwriters we will discuss with you what sort of car or van you want, then source that vehicle for you. In many cases customers are led by a budget rather than type of vehicle. We will take your application and get your budget approved, then work with you to find the best car or van within your approved budget.
What happens after I apply?
Our underwriters will also need to see 3 months’ worth of current bank statements, which clearly show incoming, outgoing and a running balance (sorry, mobile screenshots will not be accepted as they do not give enough detail). Your bank statements are for the underwriters to assess affordability.
We will also require a copy of a utility bill (or similar) to show that you are traceable to your address.
Finally, we would like a copy of your driver’s licence (and a copy of your passport if you are not using a Photo ID driving licence).
How long does it take to get an answer from the underwriters?
We aim to have an answer back to you within 2 working days.