Pickup Leasing

If it is affordable for you or the business then leasing a Pickup Truck is a great way to drive a brand new truck in the UK without having to find north of £50,000 to buy one from the dealership.  Leasing one allows you to benefit from leasing discounts made available by the manufacturer.

Assets such as a Pickup truck will always depreciate in value.  If you want to own the vehicle for a very long time (6 years or more) then buying one can be a cost effective option, although maintenance costs in later years can be high.  If you want a new truck and plan to keep it from 2-5 years, then leasing is the better choice.

Despite what some may claim with regard to leasing discounts, there is no perfect month or even season to lease a truck.  New registrations in the UK are released on the 1st March and 1st September every year, you might be able to secure a good deal just after these dates if pre-registered vehicles remain, however the difference may be negligible.  

A Lease on any vehicle, including a truck is essentially a long term rental of a vehicle, with no risk on asset depreciation.  

The process of leasing a truck is:

1) Identify the offer you want

2) Apply for the credit line with the supplier

3) If your credit line is approved, you will sign your financial documents with the lender

4) Vehicle is delivered.

5) End of contract - Vehicle is collected.

Leases are paid for monthly, via direct debit.  You can choose to add a maintenance pack to your monthly cost if you want that included.  You should try to choose a mileage allowance that is suitable for your needs to avoid paying a mileage excess at the end.  You should always take care of your vehicle and follow the manufacturer maintenance schedule to avoid end of contract charges from the lender. 

You can search online and many companies in the UK offering a Lease.  Here at Ready2Lease, our service is reflected in our reviews on Google and Trustpilot.  

Leasing a commercial vehicle can reduce profits for a business, therefore leaving less tax to pay.  The driver can then make use of the vehicle without paying BIK tax, this is because commercial vehicles are not considered a benefit in the same way that a car is.  Most, but not all, Pickup trucks are considered a commercial vehicle.

There are 6.5 Million leased cars on the road in 2024, Leasing has erupted in the UK over the last ten years and the introduction of electric cars has fuelled this in recent years as buyers become more tentative about keeping cars for longer.

You can choose your mileage allowance at the start of the lease.  The minimum annual mileage you can pay for is 5,000 (although you can obviously do less).  The maximum is normally 35,000 per year, mileage this high can also restrict contract length.

At the time of writing we have trucks from £340 a month + VAT, up to £399 a month + VAT.  Terms apply.