Most lease calculator websites require you to give an email address, or worse still, you have to fill out all your personal details. It’s a little hook for our competition to find out who you are. Here at Leasing Calculator, we do not do this. There is no obligation on you to provide these details. Yes, we do need some more details if you would like us to gain a pre-approval, but even then, it’s free to use.
Leasing Calculator- Who are we?
We are a division of WestWon Limited, a company with over thirty people trained and knowledgeable in the leasing sector. Our business background goes back to 1989 and over the years our senior team have helped over 20,000 companies with leasing and asset finance.
Why was this website set up?
Many of our prospects and customers just want to quickly calculate a lease price. They do not want to chat to a leasing sales person at an early stage. All they really need to know is “how much will the lease cost every month”.
On our main website, www.westwon.co.uk, the leasing calculator page is one of the main pages viewed.
Every month, thousands of individuals search the term leasing calculator in Google, hence by us having the brand, we will get more online lease enquiries.
The lease calculator rates are only a guide
Established companies trading over three years
New start companies trading under three years
Lease rates depend on so many factors, one of the main ones being what is the asset you are looking to finance? Take a look at our ‘What Can I Lease?‘ page. There is a separate leasing calculator behind our most popular asset classes, although other assets are considered. This will help you get a more accurate finance quote.
Why do lease rates vary depending on the asset you are financing?
It comes down to risk. If you finance a car for example and the lease finance company had to repossess it, there is a good chance they will be able to cover some of the missing lease payments by selling the vehicle. However, if you were financing a shop refit and the finance company took back the shop furniture, their chances of getting good value for the equipment is low. Hence, car leasing is on average cheaper than assets with a lower resale value such as shop fittings.
What assets can be leased?
Most assets can be financed in a business. Some leasing companies say, “if it leaks oil we can fund it.” Others come out with comments like “if it has a plug on it, we can lease it.”
The reality is all sorts of assets can be financed from a hot air balloon to a lamp post. We can finance computer software – with no resale value – and can include an element of soft costs such as installation costs, training, maintenance and support.
What is the minimum and maximum value of a lease?
Most leases we write are for between £5,000.00 and £50,000.00 in value, with the average lease transaction being £25,000.00. However, we have arranged finance for a £500.00 chip and pin device to office furniture installations and fit out expenses costing millions.