Frequently Asked Questions on Car Leasing and Contract Hire

Personal car leasing, or personal contract hire, as it is called at times, is a well-accepted way of having a car, as one stands to benefit from leasing a car rather than availing car loans. You will find below, the frequently asked questions answered.
Q1. After the completion of the lease, do I get the ownership of the car?
A. In case of personal car hire agreement (PCH), you need to return the car. However, you will be offered personal contract purchase (PCP) if this option is available.
B. Contact leasingoptions.uk, and be advised about the best deals that suit you.
Q2. Is leasing a car cheaper than buying a car?
A. Car lease payment on average works out much less than a car loan finance contract.
B. The monthly lease amount is inclusive of Road tax and maintenance depending on your package.
C. This will assist you with your budget.
D. For a reasonable monthly payment, you can have every two years a new car that is most modern, fuel efficient and comfortable without having hassles of reselling a used car.
E. Hope, this answers your question.
Q3. In case, the car requires any repairs.
A. In case, the car has involved in an accident, you will have to contract your insurance company. Insurance is your responsibility.
B. In case, your vehicle is stolen or written off, this could result in a shortfall between the cost of the vehicle and the outstanding amount.
C. The optional GAP insurance will cover the shortfall and let you replace the vehicle.
Q4. In case my car needs a service/new tyres/MOT, What is the solution?
A. A separate maintenance package covers all. As regards to MOT, it is not required, as it is a new car.
Q5. In case, my car suffers a break down?
A. Manufacturer’s warranty covers most new vehicles for breakdown. In case it does not, optional cover through the AA can be arranged.
Q6. Am I allowed to use the car leased by someone else?
A. Yes. If you happen to be a parent or a partner and you would like to lease for someone else, it should be adequately insured.
Q6. Can I lease as I am just 18 and passed test?
A. If you have a valid full UK driving license, yes.
Q7. Are your special deals forever?
A. Regrettably no, as they are time bound and on limited stocks
Q8. Can I lease a car if I am on JSA/Benefits -?
A. Alas, we would not lease to persons on JSA or benefits.
Q9. Do you deliver nationwide?
A. Yes
Q10.Can I use personalized registration plates.
A. Yes, if you follow some steps.
Q11. Is test-driving allowed?
A. Yes.
Q12. Is insurance included the leasing?
A. No
Q13. What does “initial deposit “mean?
A. Please check our clause on this.
Q14. What are excess mileage charges?
A. Please go through excess mileage charges clause.
Q15. What happens at the end of the contract?
A. You need to return the car. However, you can extend the contract or buy the car.