Ultracar is a specialist bad credit car leasing company.
We’ve spent the last 15 years providing high quality, new and used lease vehicles for business and personal customers
For numerous (sometimes global) economic reasons, many people have been left in a position with defaults, CCJs, mortgage arears and even bankruptcies. All of which makes life very difficult when it comes to obtaining a new car lease.
Fortunately we have worked hard to provide solutions to these problems. We can provide a contract hire car lease where others simply cannot.
Fundamentally boils down to two major factors
1) That you can afford the monthly repayments.
2) That you are in some way traceable at your current address.
We help many people every year obtain a new or nearly new vehicle through our bad credit car lease options. Who then go on to become longer term customers, often moving into a mainstream car lease at the end of the contract hire.
Its very important to note that we do not judge your position, we understand that there are many different reasons for having a bad credit rating, which include
- Job Redundancy
- Business Downturns
- Relationship Breakdowns
- Global Economic Downturn
- Financial Difficulties
- Zero Hour Contracts
The process is kept very simple, in the first place you can make a quick application to see if you are eligible for one of our bad credit car leasing options. At the end of this process you will have a good idea if we can help you.
After that, one of our trained car leasing advisors will contact you to discuss your specific requirements, and any financial difficulties you have run into. This is a very simple process, usually taking less than 10 minutes to run through all of your requirements and previous issues.
By the end of this conversation, our advisor will be able to guide you on the best course of action..in most cases, we will be able to help and take things forward to the next stage.
Next, you will complete our bad credit car leasing application. This is a short form, detailling where you live, work (or self employed) and how long you’ve been at your current job and home. This will need to be returned to us with some supporting information. Its important that the underwriting team get a really good picture of your credit history, and try to look forward as to how things might be improving to allow for a vehicle lease.
Once we have all of the information, we aim to get a decision for the car lease contract within 4 working hours. In a large proportion of cases this will be ACCEPTED and you can then start looking at vehicles.
We carry a large range of vehicles in stock, and thousands available for almost immediate delivery throughout the UK. This can range from a small city car like perhaps the Skoda CitiGo, right through to Range Rovers and Jaguars.
The next step is the deposit. In many cases, we are able to offer a £500 deposit on our non status car leasing contracts. This makes a fantastic entry point, reducing the strain by lowering the deposit has been welcomed by many for a number of years now.
Once your deposit is paid, the documentation will be with you within a couple of days, check it carefully and return via post (preferably recorded). Once we have the car lease documentation back, we can start to arrange the delivery.
Delivery typically happens within 7-10 working days of the receipt of documents. We will get your vehicle ready, service where necessary, valet and then it will be delivered to you by one of our professional vehicle delivery drivers.
The process is designed to be as painless as possible. We understand that people can hit hard times, which can adversely effect both their credit file and subsequent applications for credit. Rest assured, in many cases we can help with a bad credit car lease where many others cannot.
Feel free to browse our website, perhaps take a look at the contracts in detail, or example vehicle prices. If you’re interested in progressing further forward use our quick application to get an immediate indication and a follow up at a time convenient for you!