When you have a car lease agreement, you lease a car for an agreed period of time. This is known as a ‘lease period’. Even though the car is actually in your possession, you do not own it.
The way a car lease agreement is worked out is pretty straightforward:
We work out what the value of the vehicle will be by the end of your contract, taking depreciation into account.
You set a mileage limit that will best suit your driving needs. (This can be reviewed throughout the lease period and we make it easy for you to increase the mileage in your contract to something more appropriate if necessary.)
Our pricing team constantly update pricing to ensure you are offered the best leasing deals on the market.
The vehicle lease quote can be personalised to suit your budget requirements – generally, the more you pay up front, the less your monthly rentals will be.
You make fixed monthly rentals for the time period that your contract runs. Once the contract ends, you simply return the vehicle to us and look at which car you want to drive next.
Got a question? We’re here to help. Give us a call on 01628 899720.