Nvl car leasing

in Loans
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AsmalegalAsmalegal Forumite
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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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Replies

  • superbigalsuperbigal Forumite
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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
  • AsmalegalAsmalegal Forumite
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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. 
  • TripleHTripleH Forumite
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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.
    Wherever you go, whatever you do Richard Marx is right there waiting for you.

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  • LucylanzonnnLucylanzonnn Forumite
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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?
  • LucylanzonnnLucylanzonnn Forumite
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    Did you end up going through with them? 
  • Ebe_ScroogeEbe_Scrooge Forumite
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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.
    I may not know much about art, but I know what I like.
  • AsmalegalAsmalegal Forumite
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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 
  • LucylanzonnnLucylanzonnn Forumite
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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. 
  • AsmalegalAsmalegal Forumite
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    Ok well do keep me posted please and see how it goes xx
  • armstromg10armstromg10 Forumite
    4 Posts
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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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