Operational Leasing: Car leasing is a long-term rental agreement typically spanning two to four years. You select your preferred mileage, contract duration, and initial payment and then pay a fixed monthly fee for using the vehicle. At the end of the lease, you return the car, with the option to lease another vehicle if desired.

Financial Leasing: Car leasing under a financial lease agreement allows you to use the vehicle with the option to purchase it at the end of the contract. It’s a flexible alternative to outright purchase, providing cost-effective access to new vehicles without full ownership.

At the end of the operational car lease, your vehicle will be collected from your location at no charge, similar to returning keys to a landlord. If you return the car in good condition and within the agreed mileage, you owe nothing more and can consider leasing another vehicle.

At the end of your financial lease with Octo Autos, you can purchase the vehicle and turn your lease into ownership.

Leasing a vehicle is a financially savvy decision, offering a range of benefits such as cost-effectiveness, intelligent use of your money, peace of mind, and hassle-free enjoyment.

The main advantages are:

• Drive a brand-new car every 2 to 3 years and enjoy all the benefits of the latest makes, models, technology, and safety features.
• Avoid the problems and expenses associated with aging cars;
• Cost-effectiveness. Leasing usually offers the lowest upfront and monthly installment options for driving a new car.
• Leasing offers a wider selection of vehicles, allowing you to drive a car that seemed out of reach before.
• Compared to traditional financing, leasing requires a lower upfront payment, minimizing the impact on your savings. Enjoy the flexibility of driving a new car while keeping your financial goals on track.
• With our all-in-one fixed-cost motoring plans, you’ll know exactly what you’re paying monthly. Pre-set installments cover everything from your vehicle lease to manufacturer warranties, road tax, and maintenance options. Drive with peace of mind, knowing your monthly budget is fixed.
• Leasing eliminates the burden of depreciation. Unlike owning a car, where vehicles typically lose 50-60% of their value in the first three years, leasing allows you to use a new car without worrying about its resale value. At the end of the lease, simply return the vehicle and avoid the hassle and uncertainty of selling it. This gives you peace of mind and frees you from potential financial concerns associated with ownership.

There are six main steps to our leasing process:

1. Choose Your Car. We offer a wide selection of leading makes and models and various optional extras, allowing you to customize your vehicle.
2. Place Your Order. Once your credit is approved, our sales team will secure your chosen vehicle.
3. Sign Documents. Through our user-friendly customer portal, you’ll receive essential documents to sign and return.
4. Delivery. Whether you’ve chosen a car from our stock or a custom-built factory order, we’ll update you regularly until your vehicle is delivered.
5. Enjoy Your Car. Drive your car confidently, knowing we’re always here to assist you.
6. Choose Your Next Car. As your lease term ends, we’ll contact you well in advance, providing ample time to select and order your next vehicle if desired.

Financial Leasing: There is no mileage limit in a financial leasing contract.

Operational Leasing: If you exceed your annual mileage limit in an operational lease, you may need to pay an additional charge. This cost is typically calculated per mile, as specified in your agreement. You can extend your mileage allowance during your lease term. It is best to contact us to avoid unexpected fees.

Almost anyone can lease a car. The primary requirements are to be at least 18 years old and hold a valid driving license.

Leasing offers a flexible alternative to traditional car ownership and dealer financing.

• Lower Costs: Leasing usually has lower upfront and monthly costs than buying a new car outright.
• Drive New Models: Lease a brand-new car every 2-3 years and benefit from the latest technology and safety features.
• Avoid Depreciation: Leasing eliminates the financial loss associated with a car’s depreciation.
• No Resale Hassles: At the end of the lease, simply return the car without the concern of selling it.
• Fixed-Cost Motoring: Pre-set monthly payments include the manufacturer warranty, road tax, and maintenance options.
• Operational Leasing: Ideal if you don’t wish to own the car. It’s a flexible option if you’re undecided about your future vehicle needs.
• Financial Leasing: Offers the option to purchase the car at the end of the lease term.

All of our car lease contracts include the following:

• Auto Insurance: Comprehensive coverage for the lease term.
• Maintenance: Regular servicing and repairs to keep your car in excellent condition.
• Additional Services: Various optional extras tailored to your needs.