Frequently Asked Questions



There are certain criteria which need to be met in order to get a car lease contract. Absolutely essential is that you have to be over 18 years of age, hold a valid UK driving licence, have 3 years’ employment history and a reasonable credit rating.

Without these 4 profile requirements, no finance company will consider you for a lease.


A lot of people are unsure as to what the payment structures of personal car leasing and contract hire actually mean. Here is a simple breakdown with an example:

Example – 3 + 35. This would be a 3 year contract made up of 36 individual monthly payments. Your initial payment is always higher and is usually in a multiple of 3 or 6 times the “standard” payment.

So, in the example structure above, if the standard monthly payment was £119.99, the initial payment would be £359.97, making the contract 1 payment of £359.97 and then 35 payments of £119.99.

faq-img1If you want to end your car lease before the agreed contract period is up, you need to negotiate a settlement with the finance provider. This is usually around half the value of your remaining payments but can vary from funder to funder
faq-img1The minimum period you can lease out for is 24 months. Anything under this contract length would be a short-term hire and would need to be arranged using our car hire section.
faq-img1If you go over your agreed mileage, there is a small surcharge to pay for each mile above this. This is usually in the range of 3-11p per mile and changes from car to car (ask you’re advisor what the excess is on the specific deal you’re looking at).
faq-img1Maintenance covers all routine maintenance, servicing, tyres, batteries, exhausts and any necessary car repair costs but not accident damage. For more details see the full car lease maintenance guide page.
faq-img1Unfortunately insurance is not included as part of the standard monthly car leasing price. This has to be arranged separately by the individual or business leasing the car. See our car leasing insurance guide for more information.
faq-img1Road tax is included as part of your standard monthly car leasing price. There is no need to do apply a physical disc to your vehicle as tax is dealt with digitally now.
faq-img1You simply hand your car back to the leasing company meeting the BVRLA’s standard fair, wear and tear guidelines and take out a new lease on a new car or extend your lease contract by a further 6 or 12 months (if a business contract).
faq-img1Unfortunately car leasing brokers cannot accept your old vehicle as part-payment for your new lease vehicle.
faq-img1All cars and vans are supplied from manufacturers’ dealer groups. We have a preferred panel of dealers who offer excellent customer service levels to our customers.
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