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How To Lease A Car

Contract being signed for brand new car

If you want to lease a car just pick the make & model you prefer, apply for finance & then pay your  monthly rentals until your lease ends. At the end of the agreement, simply hand back the car to the leasing company.

Learn more about the leasing process below & find out how you can get a cheap deal. We've covered how your contract will work from start to finish in 8 simple steps:

 

1. Choose Your Car

Consider the kind of car you want to drive. Do you have a specific manufacturer in mind, such as Mercedes-Benz or BMW? You might know exactly what model you want which will make your search easier.

If you don't know what kind of vehicle you need start thinking about why you need it. For example, do you have a family & need a spacious & reliable hatchback? Or you might be an eco-conscious driver who prefers an electric or hybrid motor. If you're not sure which make you want, deciding on the type would be a good place to start.

You can also search depending on your budget. If you know you have a certain amount to spend each month, search within your price range to avoid including cars that are too expensive. We also offer a Price Promise that guarantees the best value across all car leasing deals.

 

2. Check Special Offers

Always check for special offers to get the best value. You could save hundreds of pounds simply by looking around for the cheaper option. These are usually offered for a limited time only, so you will need to decide quickly to get the right vehicle for a good price.

Of course, if you have a certain model in mind, it might not be available straight away. You could always check back in a few weeks if you can't find what you want right now, as lease deals are renewed often.

 

3. Personalise Your Deal

Car leasing deals can be personalised to suit your needs. You can customise your agreement depending on:

  • Your annual mileage.
  • The contract type (business or personal).
  • Your size of your initial rental (an upfront larger payment that is your first rental payment of your lease).
  • The length of the agreement.
  • Optional extras you request, such as different paintwork or trim level.

Each of these factors can affect your monthly lease payment. For example, if you add a premium audio system or want a different finish on your alloys your deal will be more expensive.

On the other hand, you can get a cheaper deal if you have lower mileage, as this minimises depreciation & helps the vehicle retain more of its residual value.

 

4. Apply Online

It only takes 5 minutes to apply online for a personal lease. Here's what you will need:

  • A full UK driving licence.
  • A debit or credit card.
  • Your bank account details.
  • Your monthly income & expenditure.
  • Details of your address(es) for the past 3 years.
  • Details of your employment for the past 3 years.

We will need to complete a full credit check to ensure you can comfortably afford the monthly payments. We work with more than 10 finance companies, which means we will try to match you with the most suitable lender. You don't need a perfect credit score to lease a car.

 

5. Arrange Your Delivery

After you have applied for finance & been approved for the lease, you will be assigned an Account Manager who can help with any queries going forward. Your Account Manager will arrange your delivery at a time & place that suits you.

Most of our vehicles are in stock & already in the UK meaning they can be delivered to you within 2-3 weeks. If yours isn't already in stock, it can take 8-22 weeks to be delivered.

Delivery is free to anywhere in mainland UK, so you just need to pick a time & location that's most convenient for you. Most cars are driven to you, but the delivery mileage is recorded & will not be counted in your lease agreement.

If you change your mind, we'll issue you with a full, hassle-free refund. We won't charge you any cancellation or admin fees. Be aware that once you have accepted the delivery, your contract begins with the funder. You may not have the option to cancel the agreement after this point & it will be non-refundable.

 

6. Organise Insurance

You must organise your own insurance. Most companies will only accept fully comprehensive insurance, which covers yours & any third party's vehicle if you're involved in an incident. Your insurance should start on the same day as your delivery.

If you want the best price, make sure to compare insurance quotes online to find the cheapest policy for the cover you need.

 

7. Drive Away

The car is now yours to drive away – enjoy! Here are some things which you need to bear in mind during your lease.

Maintenance

If you experience any mechanical faults during your lease, they may be covered by the manufacturer's warranty. All brand-new cars come with a standard warranty which usually lasts for 3 years.

You will need to arrange & pay for any other repairs, servicing, MOTs & additional tyres. However, you can add a vehicle maintenance package to your personal lease, which includes routine repairs & replacements in your fixed monthly payments.

Road Accidents

If you are involved in an accident, you must tell your insurance company immediately. Explain to them that you're leasing & tell them who your funder is. The insurer will contact the finance company & let you know if you need to do anything else.

Tickets & Fines

Fines or tickets from driving offences (such as speeding) will be sent to the finance company. They will then forward the fine on to you along with an invoice for their admin fee – this can be as low as £35.

Driving Abroad

You can take your vehicle outside the UK, but you'll need permission from the leasing company. We are happy to provide the relevant documents for you to drive abroad – simply get in touch.

 

8. Return The Vehicle

At the end of your contract, you return the car to the lease company. The vehicle will be assessed for any excess mileage & damage which goes beyond the British Vehicle Rental & Leasing Association (BVRLA) Fair Wear & Tear guidelines.

You will encounter extra charges if you surpass your total agreed annual mileage allowance or cause damage beyond the standard expectations. However, if you have kept your vehicle in good condition, there's no need to worry about extra costs. Then, you are free to walk away or take up another contract.

Start your search today & get the best value on your next vehicle with a car lease deal. We offer a great selection of special offers on all the latest cars. Or if you haven't decided yet, read more about the pros & cons of leasing over buying.

 

Find out more about how leasing a car works by taking a look at our handy guides or check out our latest car offers.