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223%
Raised
£111,860
Investors
311
Target
£50,000
Equity
10.53%
Pre-money valuation
£950,000

Auto Lease Compare is on a mission to transform the growing UK car leasing industry. Their online platform compares deals from top leasing companies - all in one place. Within seven months of trading they’ve received a great reception from the industry and 40,000 users on their platform.

  • Vehicle leasing comparison platform with over 40,000 unique users
  • Already partnered with some of the UK’s leading leasing companies
  • Positive reception from the industry after just 7 months of operation
  • Operating within a leasing & rental market worth £49bn in the UK alone

Idea

The leasing and rental industry has seen a 10% growth since 2017, indicating more and more people are choosing to lease vehicles. The flexibility to switch to a brand new car every few years is becoming increasingly attractive, rather than buying a car that depreciates in value.

Whilst there are hundreds of reputable leasing companies operating within the UK, we believe there is a distinct lack of effective, user-friendly leasing comparison websites out there. From our own experience, we have found that users have to search through various websites in order to find a good deal. This process is tedious, time-consuming and often comes with poor customer service.

Auto Lease Compare is a dedicated leasing comparison website, which collates deals from top leasing companies – all in one place. Our platform offers drivers the freedom to explore and efficiently compare what the market really has to offer, giving confidence to customers they have found a great deal.

Within just seven months of operation, we have had over 40,000 unique users on our website. Additionally, we have received a great reception from our partners and customers based on our website, great deals, and our business approach.

With your investment, we aim to grow our business by revamping and upgrading our website, executing our strong marketing strategy and increasing our overall brand awareness.

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Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

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Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Auto Lease Compare has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.