Frequently Asked Questions
Vehicle leasing is a long-term rental arrangement where you pay an initial fee followed by fixed monthly payments for the duration of your contract. Leasing is often more affordable than buying a new vehicle outright, as it allows you to enjoy a brand-new car or van without worrying about depreciation. Key benefits include lower upfront costs, predictable monthly payments, access to the latest models, and potential tax advantages for businesses.
We offer a wide range of makes and models. If you don't see the specific vehicle you're looking for, please contact us at 01908 909828 or email sales@remoravehicleleasing.co.uk, and we'll assist in sourcing the vehicle for you.
Yes, leasing is often referred to as Personal Contract Hire (PCH). It is a long-term rental agreement that allows you to lease a new vehicle for a specified period, typically between 2 to 4 years.
To lease a vehicle, you must be at least 18 years old. While you can legally drive from age 17 in the UK, vehicle leasing requires a credit agreement, which is only available to individuals 18 or older.
These numbers refer to the structure of your lease payments. In the 9+23 example, you make an initial payment equal to 9 monthly payments, followed by 23 regular monthly payments, for a 24-month contract. For instance, if your monthly payment is £159.01, your initial payment would be £1,431.09. Higher initial payments result in lower ongoing monthly payments, although the total amount paid across the lease remains nearly the same.
Yes, as long as you're over 18 and hold a full UK driving license, you can apply for a leasing agreement. However, young drivers may face challenges with obtaining finance due to limited credit history, as credit checks are part of the leasing process.
Once your leasing application is approved, you'll need to provide photographic ID, such as a driving license or passport, along with proof of address, like a bank statement or utility bill. If you're unsure about the required documents, feel free to contact us at 02392 245570 or sales@fleetuk.com.
Yes, you can typically add a personalised number plate to your lease vehicle. However, you will need to get approval from the finance company, as you do not technically own the vehicle. Don’t forget to remove the plate before returning the car.
With Personal Contract Hire (PCH) leasing, you enjoy affordable monthly payments and get to drive a new car every few years. However, PCH does not give you the option to purchase the vehicle at the end of the contract.
The vehicle remains the property of the finance provider throughout the contract. As a credit broker, we do not own the vehicle. The finance provider, whose details are listed on your lease agreement, will own the vehicle, and they are the ones you make your monthly payments to.
Ending a lease agreement early may be possible, but it usually incurs an early termination fee. The cost will vary depending on how much time is left on your contract. Please check the terms of your specific lease agreement or contact us for more details on early termination.
If you exceed the mileage allowance stated in your lease agreement, you will likely be charged an excess mileage fee. This fee is calculated on a per-mile basis, so it's important to estimate your annual mileage accurately when setting up your lease. You can contact us to adjust your mileage allowance if needed.
Modifying your lease vehicle is typically not allowed without permission from the finance company. Any unauthorized modifications may result in charges when returning the vehicle. Always check with the finance company before making any changes to the vehicle.
Van leasing involves selecting a van, agreeing on a lease term and mileage limit, and making monthly payments. At the end of the lease, you return the van.
Maintenance packages can often be included in your lease agreement for an additional fee. This can cover regular servicing, tyres, and other maintenance needs.
This depends on the type of contract taken, but usually, you can either hand the car back, extend the contract, or purchase the vehicle from the finance company (depending on the funder).
We offer free UK mainland delivery to home or work. Collection depends on the type of contract taken. For contract hire or personal contract hire, and contract purchase or personal contract purchase, the finance company will collect the vehicle at the end of the contract unless you are purchasing the vehicle.
All vehicles include at least 12 months breakdown cover from the manufacturer, although most manufacturers now offer 3 years' cover free of charge. Inside the car or van book pack, there will be an emergency number to contact day or night.
You will need to arrange fully comprehensive insurance for the duration of the lease term.
