Here at MSG Leasing we are able to supply you Non status contract hire, car leasing and guaranteed stock for car finance on any UK car or van – even if you have a bad credit rating, been previously refused finance, have adverse information registered such as CCJ’S – defaults – Iva or even a previous Bankruptcy. A Non status contract hire agreement can help you to drive the car of your choice when you are finding it difficult to get approved with mainstream finance companies or have no credit rating. Unlike other car leasing companies – we are able to look past previous problems or a low credit rating.
Non status relates to the fact that the finance company that are underwriting the lease dont require the usual computer based application that the majority of the mainstream funders use. Your case will be looked at on an individual basis based upon your current circumstances and not on what has occured in the past so this means that in the great majority of cases you will be given a fresh start with regards financing your new car.
Contract hire is also known as car leasing and will usually involve a fixed contract period of between 2 and 4 years time with an agreed monthly repayment. There will always usually be what is called an initial payment of between three and four times the monthly amount to be paid before delivery. Road tax will come on all Contract hire cars and vans and will be paid for the length of the contract. If the vehicle is brand new it will also come with full warranty for the first three years so you will also be protected should anything mechanical go wrong.
