The UK’s EV Hotspots Revealed Many of us will be used to seeing electric cars on the road, with the number of vehicles noticeably increasing over the last few years. As brands begin to produce their take on the electric car, drivers have more options than ever before. But which locations around the UK are drivers choosing electric over traditional petrol and diesel vehicles? At Xcite Car Leasing, we sent a FOI to the DVLA to reveal the EV hotspots in the UK. To do this, we’ve taken a look at the data to determine factors such as which location has the most EV drivers as of 31st January 2024, s ..read more

We’ve already taken a look at the best SUVs and hatchbacks for 2024 and now we wanted to focus on saloon cars. A saloon car has long been the favourite of executives and company car drivers, with their spacious interior, good fuel economy and latest interior technology. But these features also make them a great choice for those who want a roomier family car but not the size of an SUV or estate model. The Best Saloon Cars of 2024 1. Tesla Model 3 Our first pick is the Tesla Model 3,  a fully electric premium saloon car that’s ideal for those who want the latest in electric techn ..read more

As a leasing broker it’s not a question we like to be asked, but we know that our customers should have all the information they need to make a properly informed decision on whether leasing is right for them, and for some that includes known if they can reject a car. So, we’ve put together this article that will tell you everything you need to know about rejecting a lease car, from why you might do it to how it will play out. Cooling Off Period The first thing you need to be aware of is that nearly all personal lease agreements have a cooling off period, also known as the cool period or cool ..read more

Getting a new car can be a stressful experience and we know that one of the most complicated parts is deciding on how to finance it. There are several ways that you might choose from including: Purchasing the car outright Getting a loan to purchase the car A PCH agreement A PCP agreement Renting a vehicle In this article we’re going to focus on PCP and PCH as these can often be clumped together, but there are some important differences between the two that you should be aware of, especially in light of the recent news about PCP interest rates. What is a PCH? PCH is the acronym for Personal C ..read more

SUVs have been increasingly popular in the past decade and there’s now an SUV in every manufacturer’s line up. They offer drivers who want a spacious car a great alternative to estate models, a high road position with better road visibility or just a larger car that fits seven. If you’re looking for a new car then the team at Xcite car leasing is here to help. If it’s an SUV you’re after then our team have put together their top 10 pick currently available on the UK market. The Best SUVs for 2024 1. Skoda Kodiaq Our first pick is the Skoda Kodiaq. There’s actually three Skodas that ..read more

We’re moving into an increasingly electric time for car manufacturers, with the UK aiming to ban the sale of all new petrol, diesel and hybrid car by 2035and the introduction of local clean air zones (CAZs) around the country. With this shift to electric vehicles (EVs) we asked director Spencer Blake to give us his take on brands in the EV sector. *** Electric vehicles are growing in popularity with brands and drivers which means we’re seeing more on UK roads than ever before. Although the current government has pushed back the ban on the sale of new petrol, diesel and hybrid models to the ori ..read more

One of the most versatile types of cars is the hatchback.  There’s a range of sizes from superminis like the Fiat 500 to spacious family cars like the Ford Focus across all of the UK’s brands so there’s a lot of different models to choose from. A hatchback can be the ideal choice for first time drivers, families and adventurers alike. Our expert team have taken a look at what is currently available for you to drive today and picked their top 10 hatchbacks for 2024. The Best Hatchbacks for 2024 1. Honda Civic Our first pick is a hatchback that’s beloved by drivers and the industry alike ..read more

If you’re looking to lease a new car then you might be wondering whether prices are going to go down this year. Unsurprisingly, there’s no clear cut answer to whether the cost of leasing will go down in 2024. But our experts have broken down what impacts the cost of leasing and the changes they expect to see this year to give you an insight into lease pricing. What Affects the Price of a Lease Car? There are a number of different things that are considered in order to determine the cost of a lease. These include: On the road (OTR) value Residual value Interest rates Vehicle tax Available disc ..read more

It’s the first month of a new year, which means it’s a great time to look back on what happened in the industry last year and look forward to what we expect to happen in this current year. Leasing Sector is Stabilising In the last three months we’ve seen a levelling of enquiries, orders and deliveries. In my opinion the market is still very subdued but we are now seeing some stability. I think this is in part to less bad news generally over the economy, which we saw significantly reducing consumer confidence in the beginning of the year.  With a general levelling out of interest rate rise ..read more

We know that if you’re new to leasing then some of the words used can be a little confusing. Here at Xcite Car Leasing we try to avoid as much of the jargon as we can but there are some terms that you just can’t substitute. And whilst terminology like payment profile and GAP insurance might be par for the course for us, we know that our customers might not know them instantly. Which is why we’ve put together this article to help you understand all of the words and phrases that are specific to car leasing. In this article we’ll take the leasing terms and breakdown what it means for you, a littl ..read more