Frequently Asked Questions
1. Are there restrictions
on annual mileage for leased cars?
When you start your leasing contract with Car Leasing
Ltd., you agree an estimate of your total mileage throughout
the lease. If you drive over the agreed mileage, you
will incur an extra charge. However these fees are agreed
with you in advance.
2. Who has responsibility for insuring leased
vehicles?
When you lease a vehicle, it is entirely your responsibility
to take care of the insurance.
3. Can I claim back VAT on leased cars?
The amount of VAT you can reclaim on your leased vehicle
depends entirely on how much the car is used for business
and how much for personal use. You can only reclaim
the VAT on business contract hire and lease finance
contracts. We suggest you talk to your accountant about
the VAT and tax implications of your vehicle lease.
You can usually only recover up to 50% of the VAT on
the finance, and 100% on maintenance. Private lease
contract users are not allowed to reclaim the VAT.
4. Why do you do different deals for private
and business lease?
Our lease deals for business are exclusive of VAT, while
our private lease deals are inclusive of VAT.
5. How can Car Leasing Ltd. offer such low
prices?
Car Leasing Ltd. acquire thousands of cars and vans
direct from the manufacturers every year. This immense
buying power allows us to pass on our low prices to
you, the customer.
6. Why are there a range of different prices
for the same vehicle?
The price differences between private and business car
lease contracts are usually to do with VAT. Business
rates are shown exclusive of VAT, private lease is inclusive
of VAT.
7. What are the maintenance implications of
leasing a car?
It is your responsibility to ensure that the vehicle
you lease is adequately maintained . Our prices do not
include maintenance; however we offer our own exclusive
maintenance packages. Our maintenance packages include
full servicing in line with the manufacturer’s
recommendations, replacement tyres as necessary, brakes,
pads and all other serviceable items throughout the
contract.
8. Would it be more cost-effective to lease
a car on a personal or business contract?
The answer to this question depends entirely on your
VAT status. A business lease contract is designed with
VAT-registered businesses in mind.
9. What is the difference between all the lease
finance packages available?
There are a number of different ways of conducting a
car lease: essentially the difference between all our
contracts is the flexibility to retain the car at the
end of the lease. You may want to keep your car at the
end of the lease; you may want to return it; or you
may want the flexibility to decide later on in the contract.
10. What is reasonable wear and tear?
A description of ‘reasonable wear and tear’
is laid out in our ‘wear and tear’ section.
11. I can’t find the car I want on your
website. What do I do?
At Car Leasing Ltd we have deals with most vehicle manufacturers:
if you are looking for a particular make and model of
car, let us know – we will find it for you!
12. Do you only lease cars to established businesses?
There are no guidelines as to who we lease cars to –
although we normally deal with businesses who have been
established for a minimum of 2 years.
13. I used to have a company car, and now I’m
opting out of the scheme. Can you help?
Yes, we are able to offer you car leasing on a personal
basis.
14. What are the advantages of leasing a car?
There are many advantages to leasing a car instead of
buying. Principally, if you lease a car for 3 years,
you can then return it at the end of the contract and
lease another brand new car. Budgeting is easier as
you can spread the payments over 2 to 4 years, instead
of paying all at once.
15. What if I change my mind about the type
of contract I want?
The only aspect of a lease contract you can change once
you are in possession of a vehicle is the mileage. You
can change the agreed mileage as long as there are 6
months left on the contract.
16. Does the lease cost include maintenance?
We do supply maintenance contracts, which we add to
the cost of the contract. All the prices quotes on this
site are exclusive of maintenance.
17. Do I need to pay a deposit?
When you lease a vehicle from us, a standard contract
will require you to pay a deposit of three months up
front. However our contracts can be tailored to your
specific needs. The rates quoted on this site are for
our standard lease contracts: contact us to discuss
your needs.
18. Are all your cars brand new?
Yes, all cars supplied by Car Leasing Ltd. are brand
new – unless stated otherwise. That’s the
beauty of leasing your car: your vehicle is never more
than 3 years old.
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