FAQ

Who will supply my new car?

All our cars are supplied through official franchised dealerships; we don't supply imports or used cars.

Will my new lease car come with a warranty?

Yes, all our new lease cars are supplied with a full UK manufacturer's warranty.

What is the initial payment?

For business-users, a minimum of one rental in advance is possible (subject to credit approval), but typically an initial payment equivalent to 3 regular monthly rentals is required. Larger initial payments can be made if required, which will lower the regular monthly rentals.

Does my monthly lease rental include car insurance?

Contract Hire and Personal Contract Hire (PCH) lease contracts do not include car insurance; your new lease car must be covered by a fully comprehensive insurance policy for the duration of the contract, which is your responsibility to arrange.

Can I put a personal number plate on the car?

There will normally not be a problem. Be careful with contract hire and any agreements where the vehicle is registered in the name of the finance company. Make sure that you have their agreement and their confirmation that they will transfer the number back to you at the end of the agreement.

How will my monthly payments be collected?

All monthly rentals are collected by Direct Debit.

My car is financed on a personal contract hire agreement. What happens if the car is accident damaged, to the point of being written off by the insurance company? Am I liable for any shortfall in value?

What normally happens is the insurance company will negotiate directly with the leasing company. Different companies have varying policies. We recommend that you check with the company concerned.

How can the car leasing companies afford to offer such low priced special offers? Surely most of these cars would depreciate more in value per month than the monthly rentals payable?

Due to the bulk purchases that the car leasing companies make large discounts are often given thus reducing the initial cost and therefore monthly rentals payable. These savings are simply passed onto the customers, but you have to be quick, because they don't last long!

Why do some prestige models cost less to finance per month than certain more common cars, which cost less to buy initially?

The monthly rentals payable are calculated considering many factors. These include the purchase price, the mileage agreed and the future predicted value of the vehicle (residual value). If the residual value of certain cars is far higher than other in its class, despite the fact that the purchase price maybe higher the monthly rentals may be lower.

My circumstances have changed and I now need to amend the agreed mileage part way through a contract. Can I do this?

This should not be a problem. You will need to contact us to arrange an alternative agreement. This will usually mean altering the monthly payments.