Used Car Lease Deals
Looking for a used car lease deal? XLCR Vehicle Management offers used car leasing through Lex Autolease, one of the UK's biggest fleet suppliers. Get a quality car for less, with lower monthly payments and the same hassle-free service as a new lease.
What Is a Used Car Lease Deal?
A used car lease deal works just like a new car lease, but the car has already had one owner. XLCR carefully selects used cars with a full service history that have been well looked after. You pay a fixed monthly fee to drive the car for an agreed length of time, then hand it back at the end of the contract.
Used leasing is a great way to get a well maintained car without the higher monthly cost of a brand new model.
Why Lease a Used Car Through XLCR?
XLCR Vehicle Management makes used car leasing simple for businesses and individuals across the UK. Here's why it's worth choosing us for your next used lease deal.
- Lower monthly payments. Used cars cost less than new ones, so your monthly payments are often much smaller.
- Fast turnaround. Used cars are ready to go, so you could be driving away sooner than with a new lease.
- Carefully sourced cars. We work with trusted UK fleet suppliers to bring you quality used vehicles.
- Full history checked. Every car has a documented service history, so you know exactly how it's been maintained.
- Fixed monthly cost. No surprise bills. Your monthly payment covers the cost of the car for the length of your contract.
- Expert support. Our team helps you find the right car and guides you through the whole process, from first enquiry to delivery and beyond.
What Kind of Cars Are Available?
XLCR has access to a wide range of used vehicles, including small hatchbacks, family SUVs, vans and electric cars. Stock changes regularly, so it's worth getting in touch with our team to see what's currently available that suits your budget and needs.
Used Lease or New Lease: Which Is Better?
Both used and new car leases have their benefits. The right choice depends on your budget, how quickly you need a car and whether you want the very latest model.
| Factor | Used Car Lease | New Car Lease |
|---|---|---|
| Monthly cost | Lower | Higher |
| Waiting time | Usually shorter | Can take weeks or months |
| Mileage on car | Some mileage already covered | Zero miles |
| Latest technology | May be an older model | Latest specification |
| Warranty | Often still covered | Full manufacturer warranty |
| Choice of colour/spec | Limited to available stock | Wide choice |
Is a Used Lease Right for Me?
A used lease could suit you if:
- You want to save money each month
- You need a car quickly
- You don't mind a slightly older model or specification
- You want a well maintained car without paying new car prices
A new lease might suit you better if:
- You want the very latest features and technology
- You want to choose your own colour, trim and options
- You're happy to wait a little longer for delivery
What Are the Tax Benefits of a Used Electric Company Car?
Choosing a used electric car for a company vehicle can save your business a lot of money. This is because electric cars have much lower Benefit in Kind (BIK) tax rates than petrol or diesel cars.
Benefit in Kind is a tax paid by employees who use a company car for personal journeys. The rate is based on how much CO2 the car produces. Electric cars produce no tailpipe emissions, so they sit in the lowest tax band.
How Much Tax Could I Save?
| Car Type | Typical BIK Rate |
|---|---|
| Electric car | 2 to 5% (rising gradually each year) |
| Low emission hybrid | Around 8 to 12% |
| Petrol or diesel car | Up to 37% |
Because a used electric car costs less to lease than a new one, and still qualifies for these low tax rates, it's one of the most cost effective ways for a business to offer a company car.
Other Benefits of Used Electric Company Cars
- Lower fuel costs, since electricity is cheaper than petrol or diesel per mile
- Less wear and tear, as electric cars have fewer moving parts
- Good for company sustainability goals
- Many models qualify for reduced congestion charges in city centres
Tax rules can change, so it's always worth checking the latest rates with HMRC or asking our team for current guidance.
How Does Used Car Leasing Work?
Used car leasing is simple and works in a few clear steps.
Step 1: Choose Your Car
Browse our current used car stock and pick the vehicle that suits your needs and budget. Our team can help narrow down the options based on your budget, mileage needs and preferred body type.
Step 2: Agree Your Contract
You'll agree a contract length, usually between 12 and 36 months, along with an annual mileage allowance. Your monthly payment is based on these details, along with the car's used value.
Step 3: Pass a Credit Check
As with any lease, a credit check is carried out to confirm the agreement. Business leases may also need company financial details.
Step 4: Take Delivery
Once approved, your car is prepared and delivered, often much faster than with a new lease.
Step 5: Drive and Maintain
You pay your fixed monthly amount and drive the car as normal. Servicing and maintenance packages can be added to your contract for extra peace of mind.
Step 6: Return the Car
At the end of your contract, you simply return the car. There's no need to worry about selling it or its future value, as that risk sits with the leasing company.
What's Included in a Used Car Lease?
Most used car leases through XLCR include:
- Road tax for the length of the contract
- Full documented service history
- Breakdown cover in most cases
- Optional maintenance packages to cover servicing and tyres
Used Car Leasing FAQs
A used car lease is a fixed monthly agreement to drive a car that has already had one owner. You pay a set fee each month and return the car at the end of the contract.
Our used cars are typically low mileage, ex-fleet vehicles that are only a few years old, so they still feel modern and drive well.
Yes, in most cases. Used cars have already lost some of their value, so the monthly cost to lease them is usually lower than a brand new equivalent.
Yes. XLCR Vehicle Management arranges used car leases for both businesses and individuals, including sole traders and limited companies.
Many used cars still have some manufacturer warranty remaining. Where this has run out, additional cover may be available. Our team can confirm this for each specific vehicle.
If you go over your agreed annual mileage, you'll usually pay a small excess mileage charge at the end of the contract. It's worth choosing a realistic mileage allowance from the start to avoid this.
Yes. A maintenance package can be added to cover servicing, tyres and general wear, giving you one fixed monthly cost with no surprise bills.
Simply get in touch with our team with your budget, preferred car type and annual mileage. We'll search current used car stock and provide a personalised quote.