Vehicle leasing – which is also known as “contract hire” offers drivers flexibility, convenience, affordability and reassurance.
There are no hidden costs – you know exactly what you’ll be paying. The amount you’ll pay each month is based on its depreciation, which is worked out by calculating the vehicle’s mileage and its age when the lease term finishes.
Leasing rather than buying means you don’t have to worry about negative equity. Simply put, you won’t end up owing more money on your car or van loan than your vehicle is actually worth.
For further peace of mind, all our new cars and vans come with a full manufacturer’s warranty.
At the end of the contract you hand back the vehicle, first making sure it’s in a legal, roadworthy condition, internally and externally, minus any ‘fair wear and tear.’
It is up to you to pay for any damage and if you’ve clocked up more miles than was agreed, then there’ll be an excess-mileage charge. You’ll also have to pay a termination fee if you settle your contract before its ended.