Car Leasing FAQs
Got questions? Good. We didn't prepare all these answers for nothing
Before you lease...
Yes, you can! Leasing with bad credit might mean higher payments or a bigger upfront cost, but it's still do-able.
Typically, your lease covers the car, warranty, and sometimes maintenance. Extras like insurance or servicing depend on your deal.
Absolutely. You’ll need your own fully comprehensive insurance to cover the car.
Of course! Personal Contract Hire (PCH) leasing is super popular and a great way to drive a brand-new car without the hassle of ownership.
Nope. Leasing is like renting, so you return the car at the end. Some contracts may let you buy it, though.
Delivery times vary depending on the vehicle and its availability. If the car is in stock, it can arrive in as little as 7–14 days. For factory orders or custom builds, it could take 8–16 weeks, sometimes longer depending on the manufacturer, spec, and supply chain delays.
Road tax usually is, but insurance isn’t. Double-check your agreement to be sure.
Usually, there’s an initial payment (1-12 months of your lease cost) and then your regular monthly payments on top.
This represents the creditworthiness of a buyer, or in simpler terms, how suitable a buyer is for credit. It takes into account your existing financial commitments and also payment history, and creates a score that reflects how suitable you are to take on a financial contract and comfortably keep up with the payments.
During the lease...
Yes, but it can be pricey. You’ll likely need to pay an early termination fee, so it’s worth checking your options.
Sometimes. If you add a maintenance package to your lease, it’s all covered. Otherwise, you’ll need to handle it yourself.
Basic stuff like servicing, oil changes, and keeping it roadworthy - just like if you owned the car.
You won’t need an MOT for the first three years. If your lease goes beyond that, you’ll need to arrange it.
Minor damage? You might get charged when you return the car. Bigger accident? Your insurance should cover it.
We all like a little holiday. Just check with your lease provider first - they may need to give you written permission and a VE103 certificate.
End of lease...
You return the car, and if it’s in good shape and under the mileage limit, that’s it! Fancy another? You can lease again.
Yes, but it usually comes with early termination fees. Talk to your provider for specifics.
Sometimes! Some leases offer a purchase option, so ask your provider if you’re interested.
It’s simple. Your leasing company will inspect the car, check the mileage, and sort the rest. No need for you to drop it off.
You’ll pay a small fee for every extra mile, (known as an Excess Mileage Charge), which you will have agreed at the start of your lease. So, try to stick to your limit if you can.
If you’re leasing for business, a percentage is tax-deductible, depending on the CO2 emissions.