Can You Lease a Car for 18 Months in the UK?

Yes, it is possible for you to lease a car for 18 months in the UK, and with ACL Automotive, it’s extremely easy due to our wide range of vehicles and flexible leasing options. To get started, click here to view our 18 month lease deals.

How 18 month car leases work

18 month car leases have become increasingly popular over the last couple of years for several reasons. One is for people looking to drive a brand new car without the large financial commitment of buying it outright, particularly given uncertainty in the UK economy.

So, as explained, yes, you can lease a car for 18 months in the UK. While most car leasing companies offer contracts between 24 or 36 months, at ACL Automotive we specialise in shorter term leases.

This is a great option for people who don't want to commit to a longer lease, but still want the benefits of driving a brand new car. Or it could be that you're thinking about a short-term move, or perhaps you want a flexible driving option for 18 months. It also means you don’t need to worry about the vehicle's depreciation and MOT.

So, whilst leasing a car for 18 months in the UK is possible, it's important to understand the lease terms and process before committing to a contract.

The leasing process involves choosing a make and model of the car to suit you, and then agreeing to the lease terms including those all-important monthly payments. The lease terms will include the length of the time you want the car for, in this case 18 months, the monthly payments, and the deposit.

Pros and cons in leasing a car for 18 months

As with any financial commitments, leasing a car for 18 months has its advantages and disadvantages. One of the main advantages is that it lets you drive a brand new car without having to commit to a long-term financing agreement. You can also upgrade to a newer model at the end of the lease period.

However, leasing a car for a short period also has its drawbacks. The monthly payments for a short-term lease do tend to be a little higher than those on a longer lease, and you may have to pay a higher deposit.

When leasing a car, your credit score also plays an important role in determining whether you are for an 18 month lease agreement. Most finance providers require you to have a good credit score to be able to lease a car.

Can you get a 18 month car lease with no deposit?

Currently it is not possible to sign-up to an 18 month car lease with no deposit through ACL Automotive. However, when leasing a car with us, a refundable damage deposit and one month's rental is required as the first payment. This could be considered as a "no deposit" lease as the payments are made in three equal instalments.

Car leasing companies typically require a deposit as a form of security, in case the lease is terminated early, or monthly payments are not made. The deposit also serves as a way for the company to evaluate your financial capability and may be used to cover certain costs, such as initial wear and tear on the vehicle if the contract is ended before the lease period is over.

Can you lease a car for 18 months with no credit check?

It is not possible to lease a car for 18 months without a credit check with ACL Automotive, similarly with a year long lease.

In fact, it is rare to find a 18 month car lease without a credit check, and if you do, it’s very likely that you will need to come up with extra requirements such as higher deposits or higher monthly payments to make up for the increased risk taken on by the leasing company.

It's important to note that all reputable car leasing companies typically run a credit check as a standard practice, to evaluate your financial capability and ensure that monthly payments will be made on time.

Although a no credit check 18 month car lease may seem attractive, it's crucial to consider the total cost of the lease, including the deposit, monthly payments, insurance, taxes, and maintenance before signing a contract.