Vehicle Leasing Made Simple.

Car and van leasing can seem quite confusing, especially if you have never leased a vehicle in the UK before.  We want to make leasing both simple and affordable, so we have tried to answer many of the most commonly asked vehicle leasing questions below.

If you don’t find your answer below please call us on 01889 560501 or use the contact us form and we will answer any questions you may have regarding our service, car or van leasing in general, or specifics of a vehicle lease deal that you may have seen on our website.

How vehicle leasing works?

The vehicle of your choice is leased on an annual mileage allowance, which is calculated upon the estimated mileage that you expect the vehicle to cover over the course of a year. The annual mileage is used by the finance company to estimate the depreciation of the vehicle at the end of the lease period and therefore ultimately is used to calculate the monthly payments you pay. Lease or Hire negotiate with the finance company to get you the best deal available using multiple sources of funding and encouraging competition amongst providers for your business.

If you are happy with the proposal an initial payment is required, usually 3 monthly payments in advance followed by fixed monthly payments for the duration of the contract, for example, 23 months on a two year contract. During the term of the agreement the vehicle is yours to use however ownership of the vehicle remains with the finance company removing any depreciation risk to you. At the end of the contract you simply hand the vehicle back and lease another vehicle or walk away.

How long will the car or van lease last for?

We have car and van leasing deals from 6 months, 12 months or up to 5 years.

If you have a specific requirement, or require an especially short or long term lease deal just contact us and we will be able to help you.

Who pays for the road tax (Road Fund Licence)?

Business or Personal Contract Hire – Road tax is always included as the vehicle is owned and registered to the funder/contract hire company.

PCP, Hire Purchase (HP) or Contract Purchase – The customer is responsible for the road tax as the vehicle is normally registered to them.

Who is responsible for servicing and maintenance?

The customer unless they have opted for a full maintenance package to be included on the contract.

Who is responsible for insurance?

The customer has to comprehensively insure the vehicle for the duration of the lease contract.

What is the real cost of leasing a vehicle?

We make our pricing as simple and transparent as possible, we show both the up-front cost as well as the monthly cost against each vehicle on the site.

To get an idea of how much it will cost you to lease a car that you have seen on our site, simply use our on-site car leasing calculator to get an estimate of the real cost to you over the first year, as well as the full duration of the lease.

If you are wishing to lease a van, you can use our van leasing calculator to get an idea of how much this will cost you.

Do you charge for delivery?

As long as the vehicle is being delivered to England or Wales then delivery of the vehicle is free of charge. Call 01889 560501 for delivery to Scotland.

Who supplies the vehicles?

All our vehicles are sourced through our network of preferred UK dealers.

Do these vehicles come with a warranty?

All new vehicles come with the UK manufacturer’s warranty as if you had bought it from the dealership yourself.

I have poor credit history can you provide me with a vehicle?

We do have funders who will consider minor/slight adverse history, call us on 01889 560501 to discuss further how we can help.

I would like a short term car lease, how does it work?

At Lease or Hire we are specialists at arranging short term vehicle leasing. We have special arrangements for 6 month car leasing and for 12 month car leasing. All our short term leasing options come with great mileage allowances.

Due to the short term of the lease vehicles only one key is normally supplied. An extra months rental is taken upfront as a refundable deposit which is returned at the end of the lease.  Call now on 01889 560501 and one of the team will talk you through a 6 month car lease or a 12 month car lease.