Would you be able to purchase my current car?
We are more than happy to look at purchasing your current car so give us a call to discuss this further.
Does leasing a vehicle have any restrictions on driving abroad?
Depending on the finance provider, you may be allowed to take the vehicle abroad for a specified period of time. Before arranging your trip, you will need to contact the finance provider to discuss your options. Along with the standard documentation, leased vehicle drivers will require a form VE103B. This is essentially authorisation from the finance provider which allows the driver to take the lease or hire car abroad. The VE103B contains details of the vehicle, the name and address of the driver and gives permission from the finance provider for the driver to be using the car abroad. This is a legal document and acts as an alternative to the V5C. This form must be ordered in advance of your trip.
What happens in the event of death of the contract holder?
In the event of the death of the contract holder, the trustee of the estate will need to contact the finance provider ASAP. For agreements where the vehicle is returned at the end of the contract, such as a Contract Hire or Personal Contract Hire, an early termination figure will be requested. Depending on circumstances, the finance provider may wavier the early termination fee but each decision will be on a case-by-case basis and trustees should speak to the finance provider in the first instance.
What level of wear and tear is acceptable?
If you are returning your vehicle at the end of your leasing agreement, you must do so with no more than 'normal' wear and tear. Each finance company provides its own guidelines as to what is acceptable wear and tear, based on the age and mileage of the vehicle. Exceed these guidelines and you will be liable to pay for the damages. For more information on wear and tear, see our looking after your lease car section.
Can I customise or modify my lease vehicle?
If you require any additional accessories fitted to your vehicle, such as a tow bar, please request this at point of order.
Some small and reversible modifications may be permitted by the funder providing your leasing contract but please note that this will be at your own risk and may invalidate the vehicle warranty. You will also need to arrange for removal of any modifications without damaging the vehicle before returning it at the end of the contract.
Before making any changes to your vehicle, please speak to us. Permission and restrictions will depend on the manufacturer and finance provider.
What happens in the event of a breakdown?
All vehicle leasing agreements through Pure Vehicle Leasing include at least 12 months breakdown cover from the manufacturer - although many now offer three years' cover free of charge. Within the car or van book pack, there will be an emergency number to contact day or night.
What happens when I need a vehicle serviced or repaired?
If you included a maintenance package in your agreement, you will receive a maintenance contact number from the finance company. If your vehicle needs to be serviced or repaired, call that number to book your vehicle into a local approved garage.
If you have not got a maintenance package and your vehicle needs repair, you must inform the relevant finance company of any incidents. If your vehicle is being serviced, you are advised to go to a local main dealer and use only approved parts. Please consult your leasing contract - this will tell you what you need to do and what the finance company's requirements are.
Are there any restrictions to lease a vehicle?
As long as you have a full UK driving licence, are able to afford the monthly rentals and have a good to excellent credit score, you can apply to lease a vehicle from the age of 18. There is no upper age limit.
Should I choose a diesel or petrol vehicle?
Ultimately, whether a diesel or petrol vehicle is best for you will depend on your individual needs and driving preferences.
One of the biggest things to bear in mind when making this decision, however, is your regular driving habits.
Diesel vehicles are fitted with something called a diesel particulate filter (DPF). The DPF is part of the car or van's exhaust system, designed to clean engine exhaust gasses before they enter the atmosphere. The DPF is designed to clean itself by 'burning off' the excess soot particles when it gets hot enough - typically after 30 minutes of driving at around 45mph. If you don't reach those speeds for long enough, the filter won't be able to clean itself and a warning light will come on.
Therefore, if you're typically a city driver or one that doesn't do a large number of miles in a single journey, a petrol vehicle may be more suitable for you.
Do vehicles have a warranty?
Yes, all our vehicles come with the full UK manufacturer's warranty. The length of time this warranty covers will depend on the manufacturer. Please ask us for details of the warranty that is provided for your vehicle.
Who supplies the vehicle I will be leasing?
All vehicles leased through us are supplied through the relevant vehicle manufacturer's UK dealer network. Our excellent relationship with a wide range of dealers means we can offer you a great price, and you can benefit from the trust and reliability that comes from main dealerships.
Who is responsible for insuring the leased vehicle?
You are responsible for arranging your own insurance on the vehicle. This must be a fully comprehensive insurance policy and the hirer obtaining finance must be the main policy holder or a named driver on the insurance certificate.
Please note that for business contract hire and personal contract hire agreements, the finance company is the registered owner and keeper of the vehicle.
How long is the lease period?
Our contracts usually range from 24 to 48 months (two to four years), depending on the vehicle and contract chosen.
The majority of our customers choose two, three or four-year contracts. Five-year contracts are sometimes offered, depending on the customer and the finance provider.
Shorter contracts mean you are able to change your vehicle more often, while longer contracts will generally mean cheaper monthly payments. It's worth noting that if you take a 48 month (four-year) agreement, you will be responsible for the MOT and any servicing requirements as stipulated by the finance company in the final year of the contract.
How much annual company vehicle tax will be due on my leased business car?
The annual car tax on your company car will depend on a number of factors:
- The P11D value
- Your income tax percentage rate
- The benefit in kind (BIK) tax banding, which is determined by its CO2 emissions
What is the difference between business and personal leasing?
If you are applying for vehicle finance as a limited company, partnership, sole trader or LLP, you may be eligible for business leasing.
Occasionally, manufacturers offer special rates for business customers only. This can result in a difference in price between business and personal prices. Business car leasing also offers positive tax implications such as reclaiming a percentage of the VAT.
In comparison, if you are applying for vehicle finance as a private individual, you may be eligible for personal leasing. Personal contract hire is similar to a business contract hire agreement with the exception of reclaiming the VAT. All personal contract hire prices include VAT. In some cases, personal leasing may actually be the appropriate option for certain businesses. For example, if you are a self-employed person who has recently just started your own business, you may not have the three months' business bank statements required by most funders for a business lease. In this case, personal leasing may be the better option. If you're unsure, your sales consultant will be able to help.
Can I put a personal number plate on the car?
Yes, this shouldn't be a problem, just check with finance company providing the vehicle first. Make sure that you have their agreement and confirmation that they will transfer the number back to you at the end of the agreement.
What happens if the car is accident damaged to the point of being written off by the insurance company? Am I liable for any shortfall in value?
What normally happens is the insurance company will negotiate directly with the leasing company. Different companies have varying policies. We recommend that you check with the company concerned. You may want to consider Early Termination insurance or G.A.P insurance to cover you for any costs.
What if the car gets damaged during the lease?
Minor damage such as lightly scuffed alloys and stone chips are unlikely to be an issue under the "fair wear and tear" clause found in lease contracts. More severe damage will need to be fixed by an approved repair centre.
Is there a mileage limit on a lease?
Yes. All the deals advertised have a mileage limit, and there will be an excess mileage charge for exceeding this. It is therefore important that you are realistic about the number of miles the vehicle will cover when you take out the lease. If circumstances change some funders will allow you to alter up or down during the period of the lease which might be more cost effective than paying the excess mileage charge.
Is insurance included in a lease deal?
No. Because the cost of insurance can vary wildly between drivers, it is impossible to accurately factor in insurance costs with our monthly lease rates. Luckily though, insuring a lease car is no different to getting any other car insured, so shop around for the most suitable quote for you.
What is vehicle leasing?
Vehicle leasing is a long-term rental agreement that allows you or your company to use a vehicle for a set period of time at a fixed monthly price. It is an alternative, and often cheaper, funding solution to buying a vehicle with a bank loan or dealer finance.