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Finance Product Options

When you require a car, we recognise that no two business or personal users are the same, each will have different vehicle funding and management requirements.

So we offer a comprehensive variety of solutions in order to give you complete flexibility, control and cost efficiency.

Below is a summary of those funding options.

Please feel free to call us, we offer free and impartial advice.

If you are new to leasing check out our: FREE HANDBOOK TO LEASELINE CAR LEASING


Compare the finance options


Quick Guide

What services to Leaseline offer?

We offer a range of car leasing and contract hire options including Business Contract Hire, Personal Contract Hire, Finance Lease, Lease Purchase, Hire Purchase, and Personal Contract Purchase.
We can advise you on all the benefits associated with each product, but our most popular options are Personal Contract Hire and Business Contract Hire.

Who supplies Leaseline vehicles?

All of our vehicles are supplied by UK dealer groups and manufacturers. From across the UK, so we ensure we bring you the best offers available.

What is car leasing?

Car leasing is just long-term rental, the vehicle is yours to use for 2 to 4 years without ever owning it. You don't need to worry about selling the vehicle, as at the end of your contract you give it back to the funder.

Do you need a credit check to lease a car?

Yes: We will ask you for some personal information, such as how long you have lived at your current address, where you work, and what your salary or income is. For a business application we will ask for some information on the business and on its directors, partners or the proprietor.
Once the application is completed, we will submit to one of our finance partners, who will run a credit check, that will confirm if you are eligible for the vehicle you have chosen. We have many funders, so any issues talk to us in most cases we will be able to help you.
Most important, we do not pass on your information to any third parties and all personal information is held securely in line with the UK guide lines

Do I need to provide you with any documentation?

Yes: all our credit acceptances are conditional on you proving your identity and address. We will ask you for copies of your driving licence and/or passport, and a copy of a recent utility bill dated within the last 90 days. These must be addressed to your current home address. We may ask for further documentation in certain circumstances, such as you are have recently changed address, or if you are not listed on the electoral roll.

I have poor credit. Can I still lease a car?

Yes: we may still be able to help, but first we'd need to establish how poor. Please get in touch for more information.

How old do you have to be to lease a car?

You must be at least 18 to take out a finance agreement and lease a car, but young drivers give us a call a lack of credit history is not an automatic no and there are options to have, a guarantor or joint application with a parent or guardian.

Do I need a driving licence to lease a car?

Yes: you will need a valid full UK driving licence.

Can I fit a Tow bar?

Yes: various accessories like tow bars and roof racks can be fitted to your vehicle and can be included in your monthly rental. Fitting them yourself is an option but they may need to be removed at the end of the lease and any damage or holes repaired.
It is also advisable to inform your insurance company if you upgrade or add any accessories to your car or van.

Is there a minimum contract?

The majority of our contracts are over 2, 3 and 4 years, however we do sometimes have periodic 12 and 18-month special offers available.
We can also quote you for longer leasing terms, such as 5 years to fix your costs. It’s always worth getting in touch with our sales team about our latest offers.

Is insurance included?

No: you will need to arrange this yourself, we do recommend an insurance broker who are customers tell us is very competitive or using an online comparison site, you will need to insure the car fully comprehensive.

Do all leased vehicles come with a manufacturer’s warranty and breakdown cover?

Yes: all of our cars are brand new unless stated and come with a full UK manufacturer’s warranty. Breakdown cover is included for the first year as a minimum and can be included throughout your lease contract for a small additional charge.
Please get in touch for more information.

Is maintenance included?

Maintenance is an optional extra with all our contracts, please ask for a quote at anytime as well as adding on to the lease contract we have a stand-alone company, so we always compare for you and can be well worth considering, the cover includes all mechanical servicing and repair as well as tyres and MOT.

Does the cost include road tax?

Yes: The monthly rentals include road fund license for the duration of the contract on all our business and personal contract hire deals. Some PCP contracts may only include the first year, but we make that crystal clear.

What's an initial rental, and how does this work?

The initial rental is the first rental amount collected from your lease agreement, this can be either a few days before delivery or shortly afterwards, depending on the finance company.
This is usually calculated as a multiplication of the regular monthly rental, so could be equivalent to three, six, nine or twelve times the amount of the regular monthly rental for the vehicle.

THE MATHS – HIGHER INTIAL RENTAL = LOWER MONTHLY RENTALS The initial rental is NOT a deposit and is NOT refunded at the end of the contract.

How are rentals collected?

Rentals are collected via direct debit monthly.
The initial monthly rental is usually collected at the same time as delivery of the vehicle.
Our sales support team will make sure you know when all your rentals are being collected.

Why do I pay VAT on a rental?

All new UK vehicles are subject to VAT. When you take out a Contract Hire agreement the VAT is spread across the monthly rentals. This also makes it easier to work out any VAT that you may be able to reclaim, Business Contract Hire can usually claim 100% on commercial and 50% of passenger vehicles, but our sales advisors can help and always a good idea to refer to your accountant.

What advantages are there to leasing my car through a business rather than privately?

The main advantage of leasing a car through your business is that if you are a VAT registered company you may be able to claim some of the VAT back on the monthly rentals and there could be additional tax advantages which will benefit your company. So again, good advice to speak to your accountant, to make sure you are leasing in the most tax efficient way for you.

How long does it take to lease a car?

This could be anything from a few months depending on the vehicle you have ordered, to just a few days if the car is in stock and on site at one of our dealers, if we can approve credit quickly and if your documentation is complete.
Personal contract hire or regulated agreement then it may take a little longer.
The distance marketing regulations are in place to protect you and require a minimum two-week cooling off period.

This sounds good what do I need to do?

Once you have decided the car for you or if you would like to chat options over give our sales advisor a call or e-mail, they will be happy to help , we are family company and the one thing we hate is the “pressure sale” nothing worse so you won’t get that from us , us friendly advice and information.
They will then send you a quotation on your chosen vehicle together with an application form.
From there this will be submitted to the finance company that best suits.
Once the credit is in place the car is ordered, finance documents are sent for signing and returning.
Once your car arrives into stock, the delivery can be arranged on a date to suit you , this will be Monday to Friday.
We will keep you informed every step of the way.

During my lease, can I have personalised registration number?

Of course, you can put on a cherished plate, however as you do not own the car the registration number will temporarily become the property of the funder until they are assigned back to you - as per DVLA rules.
Any assignment fees incurred are your responsibility and the funder may charge a small administration fee if they need to amend your lease documents.
Please get in touch with us three months before the end of your contract and we be happy to advise on transferring ownership of your registration number to you.

Can anybody else drive my vehicle?

Yes: as long as they have a full, valid driving licence and are covered by your comprehensive insurance policy, but you must remain the primary driver.

I’m going on holiday/away on business: can I take my car abroad?

Yes: of course. With a few exceptions, almost all leased cars can be driven in Europe. However, you will need to notify the funder and arrange for them to send you a completed DVLA VE103 form as proof of their authority to take a leased vehicle abroad. The funder may charge a small administration fee for this process. We will be happy to guide you through the process.

Can I amend mileage during my contract?

The mileage can usually be amended on a contract hire agreement during the term of the agreement, but there are some exceptions, call us and we can advise, it is always good to take time to calculate mileage, bearing in mind if you don’t use all the mileage allowance you won’t get a refund so always best to underestimate a litte.

What happens if I go over my agreed mileage?

All of our leasing prices are based on an annual mileage allowance. This allows us to take into consideration the depreciation of the your and calculate wear and tear. Should you go over your mileage allowance, there will be a small additional charge to bring the contract back in line. This charge is usually on a scaling basis and may vary between finance companies. We will make sure you are aware of the amount of your excess mileage charge before you agree to your contract.

EG: excess mileage 7.20 pence per mile so for each 1000 miles £72.00

Please note that if you significantly exceed your total mileage then the charge may exceed on a sliding scale.

Parking/speeding fine. Who pays this?

Since the car is registered to the funder rather than to yourself, they are likely to receive any parking and speeding notifications.
They will pay for these on your behalf and recharge the cost of the fine, plus their administration fee, to you. so if you get a ticket placed on your windscreen, call and pay for it to save time and money.

Can I change my car part-way through my contract?

The contract is for the whole term, but you may early terminate, and you would need to contact us and we can find out costs, this is a big purchase so it is important to take your time to ensure the car is going to meet your needs for the next 2, 3 or 4 years.

I really like this car. Can I buy it?

Please speak to your account manager if you would like to buy the car, this is sometimes possible.

I’ve damaged my car/van. What should I do?

If the damage falls outside the fair wear and tear guideline, then you are obliged to have the damage repaired. Otherwise you will be charged for the repair after the car has been collected at the end of the lease agreement.

Where do I take my car/van for its service?

Your leased vehicle will need to be serviced in accordance to the manufacturer’s maintenance schedule using original parts.
Please note that some funders will allow you to service your vehicle at an independent service agent rather than a main dealer.
We will be able to advise you.

Do I need to service my car/van before it I return it?

You only need to service your vehicle if it is due a scheduled service prior to it being collected, if your vehicle is returned after an annual service is due or if the service indicator light is showing that a service is due or overdue then you may be charged for the car to be serviced. Dont forget the service is for the miles you have already driven.

What happens at the end of my contract?

WITHIN MILEAGE - NO CHARGE
SERVICE HISTORY COMPLETE - NO CHARGE
NO DAMAGE OUTSIDE FAIR WEAR AND TEAR – NO CHARGE

There may also be options to extend the lease or purchase dependent on the finance company or you just hand it back and hopefully you have liked leasing and will just pick a new car for delivery when your current car goes back.