One of the questions that gets asked a lot when people are enquiring about leasing with us, is whether wear and tear will affect the lease. As this is a very common question, we have put together this guide so that you will fully understand the guidelines that you need to adhere to when it comes to keeping your vehicle in good condition, hopefully ensuring you keep the vehicle in the best condition you possibly can. This should stop you getting caught out when the time comes for you to return your vehicle, and in addition to this guide, we will always provide you with a more detailed outline of the terms and conditions of the leasing agreement when you sign up for a contract.
When taking a lease out on a vehicle, it is always your responsibility to return the vehicle to the finance company in as good a condition as possible. The vehicle will be inspected for damage at the end of the contract, and any damage that is found and is deemed to be classed as 'excessive wear and tear' might incur a financial penalty so that the damage can be repaired.
With anything, especially vehicles, it is inevitable that there will be a few signs of wear and tear, especially if you have had the vehicle for two or maybe three years. Marks and scuffs may appear from stone chips etc, so the British Vehicle Rental and Leasing Association (BVRLA) have created a guide as to what constitutes as fair wear and tear.
Like all leasing companies, we adhere to all the policies which have been set out under the BVRLA code of conduct, which ensure all companies within our industry trade fairly. Before your vehicle is due back to the leasing company, be it with us, or another outfit, you need to consider the following:
When looking for a car leasing deal, it's very important to find out the intricate details regarding the wear and tear policies, so you know what condition you need to keep your car in for the duration of, and when it comes to the end of your leasing contract.
We'll make sure to run through absolutely everything that you need to know. This way you'll be able to stay on top of your car maintenance and will be able to make sure that, when you come to do your vehicle appraisal, you know what to look out for, before then returning the vehicle in the condition that it was when your received it in.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 01344 206223
Thames Valley Leasing Limited
4 Munday Court
Thames Valley Leasing Limited is authorised and regulated by the Financial Conduct Authority.
Financial Conduct Authority Licence Number: 724594 | Company Registration Number: 6986685 | ICO Registration Number: X186467X | VAT Registration Number: 975940079 | BVRLA Membership number: 1998 |
Registered Office: 4 Munday Court, Binfield, Berkshire. RG42 4UG
Thames Valley Leasing Limited are a credit broker and not a lender, we are regulated by the Financial Conduct Authority.
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