Frequently Asked Questions
Take a look below at our most frequently asked questions. If you cannot find an answer to your question then please either send us an e-mail using this form: Contact Us or give us a call on 0207 722 6666.
Q: What is Vehicle Leasing?
A: Vehicle leasing is a long-term rental agreement that allows you or your company to use a car or van for a set period of time at a fixed monthly price. It is an alternative, often cheaper, funding solution to buying a new car or van with a bank loan or dealer finance. Leasing vehicles allows you to drive a brand new vehicle every 2 to 5 years – no worries about the depreciation or selling the vehicle once you’re done.
Q: What leasing options do you provide?
A: We have various leasing options available:
- Lease-to-own – Lease the vehicles and pay slightly more every month but own the vehicle on your last payment.
- £0 Deposit Leasing – Lease a vehicle with no upfront cost!
- Initial Monthly Rental i.e. (1+35) (2+35) etc.
Q: What are the requirements to lease a vehicle?
A: There are no requirements to lease a vehicle from us. All leases are done according to the individuals status.
Q: How long are the Lease Contracts?
A: The length of the lease depends on your personal needs. Typically, the longer you take the lease, the cheaper your payments will be. These lease contracts vary from 2 – 4 years.
Q: Is there warranty on leased vehicles?
A: Depending on the manufacturer, vehicles will come with the standard UK manufacturers warranty. (Ranging from 1-3 years).
Q: Are maintenance costs included?
A: Maintenance is the sole responsibility of the customer. Vehicles that are over 3 years old require an MOT. It is the customers sole responsibility to service and MOT the vehicle.
Q: Is car insurance provided with the lease?
A: We have trialed this method. It works our cheaper if the customer takes out their own policy. The customer is responsible for taking out their own full, comprehensive insurance.
Q: How much deposit will I pay?
A: The deposit amount is the customers choice. We have different deposit methods available.
Example: Vehicle price per month: £150.00
(1+35): This means you will have to pay one months rental (£150.00) as a deposit then 35 monthly payments of £150.00
(2+35): This means you will pay two months rental (£300.00) then the monthly payments will be reduced.
We also accept custom amounts as a deposit: i.e. £1000, £2000, etc.
Q: Do you take part-exchange?
A: We are willing to take a part-exchange subject to vehicle condition and age. You will need to bring your vehicle to us for a valuation.
Q: Do you deliver your vehicles?
A: At the moment we do not have the facilities to deliver vehicles. We are located in Swiss Cottage (London) which has many great transport links.
Q: What happens at the end of the lease?
A: There are a few options at the end of the lease. You can return the vehicle and take a brand new vehicle, you can extend the lease, you can even purchase the vehicle.