There are lots of myths around car leasing solutions, which makes it easy to see why many people are confused about exactly how leasing works.
To help dispel some of these myths, our car leasing Manchester team have pulled together information about the most common myths around car leasing to help explain exactly what you can (and can’t) do.
The answer to this depends on what type of contract you take out on the car. There are three types of personal contract lease:
For business leasing agreements, there are four options:
When you sign a lease contract you agree to stay within a certain mileage limit, and any excess mileage that you do over that will be charged at a certain amount per mile.
For example, if your excess is charged at 5p a mile and you go over your mileage agreement by 1000 miles then you will have to pay £50
This is one of the most common points of conversation when it comes to car leasing – what is classed as fair wear and tear? It is never going to be possible to return the car in the exact condition you were given it – three years later – unless you never use it. Most finance companies will have their own version of what they believe wear and tear is, so you should make sure you are clear about this before you sign on the dotted line.
Again this depends on the type of lease you have:
If you have any questions regarding car leasing Stockport then get in touch with Amber Vehicle Solutions today.
17th of September 2019
Email : email@example.com
Telephone : 01625 704396
Company Address :
Amber Car Leasing
9A London Road
Amber Car Leasing are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 660869
Registered in England & Wales with company number : 5667010 | Data Protection No : Z9371665 | VAT No : 876358083
Registered Office : Sterling House, 501 Middleton Road, Chadderton, Oldham, OL9 9LY
Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.
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