Nvl car leasing

Asmalegal
Asmalegal Forumite Posts: 9
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Hello all 

NVL leasing ltd looks like a relatively new company and just wondered if anyone had leased a vehicle from them successfully? 

Can’t find much on them. Have awful credit and been accepted by them but no paperwork was sent across to them prior to acceptance - no bank statements or wage slips. 

They have asked for a deposit and I wondered the legitimacy of the company before payment is made? 

Delivery of vehicle in 3 weeks but don’t seem to be regulated by FCA and the ICO reference on their website does not appear to correlate with an ICO reference number.

I could be reading this all wrong and they may be legit but just wondered if anyone had heard from them? 

Thanks 
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  • superbigal
    superbigal Forumite Posts: 582
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    I would be wary.  The sole director has another leasing business compulsory struck off

    https://find-and-update.company-information.service.gov.uk/company/12766594/filing-history
  • Asmalegal
    Asmalegal Forumite Posts: 9
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    Thank you so much for your help! I didn’t know this but this explains why they have set up this year as a new company in 2022. 
  • TripleH
    TripleH Forumite Posts: 2,996
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    That struck off could be because the business was setup and then nothing was filed for it. It might be a dormant company that never traded.
    So it might not be sinister but then again it's not the correct way to dispose of a company you don't need.
    May you find your sister soon Helli.
    Sleep well.
  • Lucylanzonnn
    Lucylanzonnn Forumite Posts: 12
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    Asmalegal said:
    Hello all 

    NVL leasing ltd looks like a relatively new company and just wondered if anyone had leased a vehicle from them successfully? 

    Can’t find much on them. Have awful credit and been accepted by them but no paperwork was sent across to them prior to acceptance - no bank statements or wage slips. 

    They have asked for a deposit and I wondered the legitimacy of the company before payment is made? 

    Delivery of vehicle in 3 weeks but don’t seem to be regulated by FCA and the ICO reference on their website does not appear to correlate with an ICO reference number.

    I could be reading this all wrong and they may be legit but just wondered if anyone had heard from them? 

    Thanks 
    Hi did you end up going through with NVL Leasing?
  • Lucylanzonnn
    Lucylanzonnn Forumite Posts: 12
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    Did you end up going through with them? 
  • Ebe_Scrooge
    Ebe_Scrooge Forumite Posts: 7,320
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    Given the preceding comments, and from the errors on their website, if it were me I'd give them a wide berth.  Why not just go with one of the dozens of well-established lease firms instead?
    If the sole reason for using them is the fact that you have a less-than-ideal credit history, I suspect they'll be very expensive compared to other more mainstream lenders.  The more sensible option, in my view, would be to buy a reasonable second-hand car outright for a fraction of the cost.  Whichever way you look at it, a brand new car is still a very expensive proposition.
  • Asmalegal
    Asmalegal Forumite Posts: 9
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    Hi there 

    no I didn’t - just seemed too good to be true so I decided against it … was told by manufactures and other car specialists that there was up to a year delay on most cars so that was that 
  • Lucylanzonnn
    Lucylanzonnn Forumite Posts: 12
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    Oh gosh okay, as I actually went through with them and I have put a big deposit down. They told me 3-4weeks delivery so I’m just waiting now. 
  • Asmalegal
    Asmalegal Forumite Posts: 9
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    Ok well do keep me posted please and see how it goes xx
  • armstromg10
    armstromg10 Forumite Posts: 4
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    Newbie
    Please can anyone confirm they’ve received there car as I’m about too put a large deposit down with them and have bad credit after a messy divorce. 
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