Leasing can be a cost-effective and hassle-free way to get behind the wheel of a new car or van, Vehicle Contracts have produced three youtube videos that you can view that gives you a formal guide to Business Contract Hire and Personal Contract Hire together with a short video on what to expect on delivery and handover
Vehicle Contracts was established in 1999 to offer Contract Hire and Personal Contract Hire. By offering these two Leasing products we are able to offer our customers some of the most competitive rates available in the market. Our experience and knowledge have helped us to form strong and professional relationships with dealers, manufacturers and the leading finance and leasing companies. Our commitment to volume allows us to negotiate maximum discount, enabling us to offer the lowest rates and some of the most competitive special offers in the market. Having been established for over 20 years, we can offer you specialist and honest advice on all aspects of Leasing and Contract Hire. We take pride in our customer service and invite feedback on an independent review site named "Reviews" we regularly average 4.8 out 5 stars for our all round service from start to finish.
Vehicle Contracts has agencies with the following industry leading Banks and Finance Companies. Arval PHH (BNP Paribas), Lex Autolease (Lloyds Banking Group), Hitachi Capital Vehicle Solutions, Santander, ALD Automotive and with the leading Vehicle Manufacturers own finance houses. These facilities allow us to search the whole leasing industry to find the right vehicle and finance package for you.
Contract Hire has always been a popular way of running a car for personal or business usage, however due to heavy depreciation and the unexpected repair costs associated with car ownership, more and more private individuals are looking at the option of car leasing.
The costs of the initial rental are usually lower than the deposit for a brand-new vehicle - and certainly can be cheaper than saving up to buy the car outright. The ongoing lease cost tends to be lower too - and it's fixed each month, so you know what you're paying and budgeting.
Vehicle Leasing means you can drive a new car or van every 2 or 3 years, avoiding MOT's and Road Tax will also be covered for the full duration of your contract.
Your lease car is delivered to your door. Even better, you don't have to worry about selling it when you're finished with it - you can just hand it back at the end of your lease and pick another new car lease (subject to status).You also have the added inclusion of manufactures warranty and guarantee are provided with all new cars delivered.
For a guidance we have a youtube short video explaining car leasing, please use this link to view https://youtu.be/qbe0-_nGZOo
As a car gets older, it depreciates in value and the more miles it has on the clock, the greater that depreciation. So when you take on a car lease, you've agreed to a set mileage allowance over the period of the lease, with a cost built into your monthly agreement - more the mileage the greater the cost.
The annual mileage allowance is there so that the finance company funding your car lease can estimate a resale value on the car once the lease period is over.
But then there is the question of what happens if you go over that mileage agreement? This is when the excess mileage charge comes active. When you are discussing your car lease agreement at the start with us, one of the most important things on the agenda is the annual mileage. It is vital to choose a mileage allowance that reflects your driving habits because if you exceed your chosen mileage, you will be required to pay an extra amount on a pence per mile bases and this is calculated based on how many additional miles you have done at the end of the agreement.
Your choice of mileage allowance is completely down to you.
If you exceed the mileage allowance on your car lease vehicle, any mileage over the agreed amount is charged at the agreed excess mileage rate per mile.
For example if the excess stated in your agreement shows its 5p per mile, and you exceeded your mileage allowance by 1,000 miles, you would be charged £50 at the end of your lease 5p x 1000 miles = £50)
When getting a car lease quote with Vehicle Contracts you will be able to see the excess mileage charge on your contract before committing to anything:
There may be changes in your circumstances during the lease period such as moving home or changing jobs, which may affect the amount of daily or weekly mileage that you may do and if this is the case it is a good idea to contact the finance company to see if a mileage extension is available to you.
This does depend on the type of vehicle agreement that you have in place. If you are on a contract hire, you will be charged per mile, if you exceed your initial agreed miles. The delivery mileage will not count towards your annual mileage, with the only exception of VWFS.
Please refer to the section marked Excess Mileage Charge Explained for guidance.
Yes they are, all vehicles we supply are brand new unless stated otherwise (Such as Pre-Registered or Ex-Lease). Sometimes there are particularly strong offers on pre-registered vehicles (registered by a certain date to attract extra manufacturer support) but these would still be regarded as brand new.
However if you decided on a Ex-Lease product with us then these vehicles are normally 18-24 months old.
Yes we do, we certainly supply cars for business fleets. Whether a business is looking for an individual vehicle, a fleet of vehicles or a collection of different cars, our staff are on hand to help. Whilst the cars may be part of a fleet, they are treated as individual cars throughout the process. This means you can choose a deposit, how long you wish to lease them for, and what the annual mileage allowance will be for each car, we can also offer pool mileage cover for a medium to larger fleet of vehicles to spread out the cost.
All lease agreements arranged by Vehicle Contracts include road tax either for the duration of the contract or for 12 months. The length of time tax is covered will depend on the type of contract taken.
For all contract hire and personal contract hire agreements, the funder will provide vehicle tax for the duration of the agreement, as they will remain the registered owner of the vehicle. NB: If the cost of the vehicle tax goes up during the term of the agreement, or any extended term, the customer will be liable to pay the amount of the increase.
For any finance lease agreements, the finance provider will typically only provide tax for 12 months.
To tax a vehicle, the registered owner or keeper must have the VED reminder letter (V11) or registration certificate/log book (V5C). For contract hire or personal contract hire agreements, as the finance provider is the registered owner and keeper of the vehicle, they are responsible for providing the vehicle tax for the duration of the agreement.
It's worth noting that from October 2014, paper tax discs are no longer being issued as licence details are now stored centrally on a database. Vehicles still need to be taxed but physical tax discs will no longer be sent out by funders.
If you are on a contract hire or personal contract hire agreement and want to check that your vehicle has been taxed, you can check your lease vehicle has up-to-date vehicle tax by visiting the DVLA website.
In order to do this, you will need:
If, for any reason, your vehicle tax is out-of-date, it is important that you call your finance provider ASAP to report the issue. This is incredibly important as if your vehicle is untaxed, it can be wheel clamped or instantly impounded.
Once your vehicle has arrived at the dealership and all necessary checks have been completed, we will contact you to arrange delivery and to confirm your vehicle registration with you. It is at this point that you can arrange your vehicle insurance in anticipation for delivery.
Your new lease vehicle needs to be insured from the day of the delivery and must remain insured until your vehicle is collected by the finance provider. This must be a fully comprehensive insurance policy and the certificate must show your name, registration number and must be dated on or before your delivery date.
For personal lease agreements, the hirer obtaining finance must be the main policy holder on the insurance certificate.
For business lease agreements, the insurance certificate should be in the company name or a director's name. If an employee is required to drive the vehicle, a letter on company headed paper may be requested confirming that the employee is authorised to drive the vehicle and confirming his/her position in the company.
For business contract hire and personal contract hire agreements, the finance company is the registered owner and keeper of the vehicle. You will need to make your insurance provider aware of this when setting up your policy.
We have put together a short youtube video you can view explaining what to expect upon delivery of your new leased vehicle, please use this link to view
https://youtu.be/oRKXgIeNFjwYou will have been advised about six months prior to the end of your contract that your lease is due to finish shortly with our renewals team taking the time to discuss your replacement options.
Obviously, whether you decide to hand the vehicle back for a newer car, extend the contract, or purchase the vehicle from the finance company is up to you (Subject to Finance Companies Terms), but also dependent on the contract that was taken out at the start of the leasing term.
Vehicle Contracts may be able to arrange collection of your existing vehicle on your behalf, provided your lease agreement was originally arranged with us.
If you are renewing your next car lease with Vehicle Contracts, where possible we will also try and arrange collection of your existing vehicle on the same day as delivery of your new vehicle to make the transition as smooth as possible for you. For those not renewing their lease contract, please arrange collection of your existing vehicle with Vehicle Contracts at your earliest convenience or direct with the supplying funder.
Please ensure you give at least 7-14 working days' notice to book your collection. Your collection can be arranged up to 30 days ahead of your required date. If your preferred collection date is more than 30 days ahead, please contact us closer to your renewal date. Please note that a settlement fee may apply if the collection date requested falls before your final monthly direct debit.
To book collection of your vehicle, please provide the following information:
Collection times are usually Monday to Friday, 9am to 1pm (AM slot) or 1pm to 5:30pm (PM slot). Collections are not available on bank holidays or weekends. The agent can collect from any mainland UK address and the vehicle must be handed back with full service history and valid MOT (if either are due before the collection date).
Upon receipt of your collection request, confirmation of your the collection booking will be sent by return email usually within 24 hours of your request. If you have not had confirmation within 48 hours of sending the request, please call the Vehicle Contract Collections Team on 01675 466433 or the finance provider if you have arranged the booking with them direct.
One working date before the date of collection, the Collection Agent will attempt to call you to confirm the booking. Failure to confirm collection with the Agent may result in a Failed Collection, for which a charge will be applied.
If a collection cannot be completed due to no contact being available on the day or general unroadworthy condition of the vehicle, a charge will be applied. The average charge is around £69+ VAT but this varies depending on the finance company. Please note, the finance company requires two working days' notice to cancel a collection otherwise an Aborted Collection Charge will be applicable.
Subject to obtaining the funder's permission, there should be no problem with adding a cherished plate to a contract hire/leased vehicle.
Please be advised that Vehicle Contracts is unable to arrange for the cherished plate to be added to your vehicle before delivery as this can delay the delivery process, therefore we advise that you arrange this with the finance company directly after you have taken delivery of your vehicle.
It is also worth noting that the finance provider may charge an administration fee for this service and that the cherished plate must be removed from the vehicle before it is returned at the end of the contract.
Car leasing and finance options are financial agreements. This requires you to be 18-years-old when you sign up to an agreement. This covers across the board whether it be a PCP, HP, CH or LP agreement.
Vehicle Contracts can now offer 12 month Contract Hire & Personal Contract Hire agreements on used Lease vehicles supplied by ARVAL.
Used cars do not require an MOT for the first three years of their life.
If your leasing a new car you won't be required to MOT it until it is three years old. If you obtained a maintenance contract with us and the vehicle exceeds a three year contract then the MOT will be covered as part of the package (You will be responsible to ensure the MOT work is carried out by the dealership).
Leasing with Vehicle Contracts you can take comfort that you will enjoy the many benefits of driving a brand new car, particularly those linked to reliability.
Our lease deals include the full UK manufacturer's warranty (usually three years, some manufacturers are more!) so you can rest assured that if something goes wrong with your vehicle within this period (excluding certain limitations) you shouldn't have to pay to fix any faults.
It is also handy to know that most car manufacturers include breakdown cover as part of their standard warranty so if you ever do come unstuck, you can call on their help.
If you don't have a maintenance package included in your lease agreement, you may still be covered for breakdown as part of the manufacturer's warranty. Breakdown cover typically varies from one year to five years and usually starts from the date of vehicle registration.
If your new car is still covered under warranty, you may also be covered for breakdown recovery. Search for the manufacturer below to find out the length of the breakdown cover included and the contact number you need to call in the event of a breakdown in the UK.
Alfa Romeo
All new Alfa Romeo cars come with three years roadside assistance for the duration of the vehicle warranty. In the event of a breakdown, 24-hour roadside assistance is available on 0800 269 844.
Audi
All new Audi vehicles come with free roadside assistance for the first three years. For help and assistance in the event of a breakdown, call Audi Roadside Assistance (in partnership with the AA) on 0800 699 999.
BMW
BMW Emergency Service, which includes roadside assistance and vehicle recovery is valid on all new BMW cars for a period of three years from the original date of vehicle registration, with no mileage limitation. If you require assistance, call BMW Customer Information Service on 0800 777 111.
Bentley
Bentley offer a roadside assistance package to customers based in the UK for the duration of the warranty. Should you require any assistance, you can call 0800 316 1333.
Chrysler
All Chrysler vehicles come with roadside assistance 24 hours a day, 365 days a year for the first year. If you require assistance, you can call Chrysler free on 0800 169 2169.
Citroen
Breakdown cover is offered free of charge for the first year on new vehicles from date of registration, and operates 24 hours a day in all parts of the UK and Europe. In the event of a breakdown, call Citroen Assistance for free on 0800 072 7272.
Dacia
All new Dacia vehicles come with free Roadside Rescue, Home Assist, Recovery and Onward Travel for the first three years or 60,000 miles as part of Dacia Assistance. In the event of a breakdown, call Dacia Assistance on 0333 202 3002 or for free on 0800 051 2251.
Fiat
New Fiat vehicles come with roadside assistance for the first year. You can contact Fiat Customer Service 24 hours a day, seven days a week using the Universal Telephone Number 0800 3428 0000 or by downloading the Ciao Fiat Mobile app.
Ford
Every new Ford car and commercial vehicle comes with a year's free Ford Assistance which includes roadside rescue, repair and recovery service at home or anywhere in Europe, seven days a week, 365 days a year. If you break down in the UK, you should call 020 3564 4444
Honda
Honda provide provide Honda European Assistance to all Honda owners for a period of three years as part of the standard manufacturer warranty. In the event of a breakdown, you can call Honda Assistance on 0800 521 728
Hyundai
As part of the 5 Year Unlimited Mileage Warranty package, Hyundai's Roadside Assistance Programme provides five years of free, 24-hour roadside assistance anywhere in the UK. For assistance in the event of a breakdown, call 0800 980 2733.
Infiniti
Infiniti Touring Assistance is available for the duration of your original manufacturer warranty (three years), but with no limitation on mileage. If you're in need of assistance, you can call Infiniti Touring Assistance 24 hours a day, 7 days a week on 0800 587 9805.
Jaguar
All Jaguar models come with roadside assistance in the UK and Continental Europe provided the car is under the standard three-year manufacturer's warranty. If you require assistance, the Operations Centre is open 24 hours a day, 365 days a year on 0800 246 844.
Kia
KIAssist, which runs in partnership with the RAC, is free for 12 months (from the date of first registration) with every new Kia. The package covers Roadside Assistance, Home Assist, Nationwide Recovery and Onward Travel and is available 24 hours a day, 365 days a year on 0800 015 8762.
Lexus
Provided by the AA, Lexus Roadside Assistance is available on new vehicles three years from the date of the first registration. Assistance is available 24 hours a day, 365 days a year by calling Lexus Roadside Assistance on 0800 246 866.
Mazda
Mazda offers comprehensive European Assistance cover on new vehicles for three years, regardless of vehicle mileage. In the event of a breakdown, call Mazda First on 0800 777 179.
Mercedes-Benz
Any new Mercedes-Benz comes complete with comprehensive Roadside Assistance free-of-charge for three years. Support teams are on-call and available 24 hours a day, 365 days a year on 0800 1777 7777.
MG
MG offer one-year roadside assistance package from the AA with all new MGs. For help in the UK, call the Breakdown Assistance team on 0800 072 3338
Mini
MINI provide round-the-clock roadside assistance for two years on all new cars. In the event of a breakdown, call MINI on 0800 777 101
Mitsubishi
The Mitsubishi Motors Assistance Package (MAP) is included free of charge on all new Mitsubishi models and covers a period of 3 years commencing on the registration date. In the event of a mechanical or electrical breakdown, call 0800 587 9833.
Nissan
All new Nissan cars come with three year's cover (excluding Nissan LEAF) and the LCV range benefits from three years. For assistance when travelling in the UK, call 0330 123 1231.
Peugeot
Peugeot offer 12 months free Peugeot Assistance with every new car, starting from the date on your warranty certificate. Roadside breakdown cover is provided by the AA on 0800 294 0294.
Renault
All new Renaults come with the Renault 4+ package which includes 4 years Roadside Assistance, provided in partnership with the RAC. For assistance in the event of a breakdown, call 0800 085 8005.
Rolls-Royce
Rolls-Royce offer four years comprehensive roadside assistance (excludes tyres and glass) with all new cars. For assistance in the UK, call Rolls-Royce Assist on 020 3699 6608.
Seat
Take advantage of 2 years SEAT Roadside Assistance cover with a new SEAT. Benefits include 24/7 roadside cover, European breakdown cover, home assistance and onward travel. For assistance in the event of a breakdown, call 0800 262 622.
Skoda
Skoda Roadside Assistance is available on new Skoda cars for three years from the date of registration. Roadside assistance is offered in partnership with the AA and is available 24 hours a day, 365 days a year on 0800 526 625
Smart
All new Smart cars benefit from Smart road assistance for three years road assistance which includes breakdown repair and towing, hotel accommodation and a replacement car. For help in the event of a breakdown, call Smart road assistance on 0800 2 777 7777
Subaru
All new Subaru vehicles have full UK breakdown cover including local recovery, roadside and home assistance for 36 months from the date of first registration. Should you require assistance please telephone 0800 777 127.
Suzuki
New Suzuki cars come with 1 year UK and European cover, roadside assistance, homestart and recovery. In the event of a breakdown or an accident, call the AA Suzuki Assistance team on 0800 107 1155.
Tesla
Tesla Roadside Assistance is available on new Tesla vehicles for the first four years or 50,000 miles whichever occurs first. Technical Support and Roadside Assistance is available 24/7/365 on 0800 756 9960
Toyota
New car customers enjoy Toyota roadside assistance free of charge for the first year. Roadside assistance is available throughout the UK, 24 hours a day, 365 days a year on 0800 246 824
Vauxhall
Vauxhall Assistance automatically covers all passenger cars, Astravan, Corsavan and Combo for the first year starting from the vehicle's original registration date. Call Vauxhall Assistance on 0800 55 33 88
Volkswagen
Volkswagen Roadside Assistance is provided free of charge for one year on new cars, while Touareg and Phaeton drivers have three years' complimentary cover. If your vehicle has already broken down or you need immediate assistance please call 0800 777 192.
Volvo
New Volvo cars come with three years complimentary Volvo Assistance from the date of registration. For help and assistance in the event of a breakdown, call Volvo Assistance on 0800 777116
Leasing is designed for changing your car after 2, 3 or 4 years, however some finance companies do give you the option to purchase the car towards the end of the agreement.
Yes, we credit check everyone who completes a credit application form.
All leasing and finance agreements require credit checks. We are required to carry out a mandatory credit search for all finance and leasing agreements. Once this has been conducted, our team of underwriters will be able to decide which funder is best for you
If you are worried you will not be accepted due to poor or bad credit please contact us to discuss.
