As the name suggests, Personal Leasing is intended for private individuals who do not want to own their car but would like a company car experience, without paying company car tax. Fixed monthly payments are for a set period, typically two to four years, and can include routine servicing, maintenance, annual road fund licence, tyre replacement and roadside assistance. This is a good option for employees who have chosen to take a car allowance or for those who are not eligible for a company car.