Car dealer group Citygate Holdings has announced its entry into the leasing market.
The new Citygate Leasing company is working with a panel of funding partners to offer business contract hire, as well as personal contract hire.
Although it will cover the entire UK mainland, the company has expressed a particular focus on acquiring new corporate customers from London and the Home Counties, areas said to be synonymous with its brand.
It is offering multiple car and LCV brands, as well as a salary sacrifice solution.
Initially it is offering new vehicles only, but it is also said to be exploring options with selected partners to introduce secondary leasing of approved used stock.
Managing director Greg Taylor said: “Leasing has become an increasingly popular choice for consumers looking for cost-effective and convenient vehicle and maintenance solutions, so the launch of our new leasing business aims to ensure that Citygate continues to offer the breadth of products and services which meet the needs of both retail and corporate customers.”
