Understanding Used Car Leasing: A Complete Guide
Drive a high-quality vehicle without the hefty price tag. Discover how used car leasing offers flexibility, affordability, and a range of nearly-new models to choose from.
Leasing a used car is a smart and flexible way to enjoy the benefits of driving a high-quality, nearly-new vehicle without the long-term commitment or costs of purchasing. This guide will walk you through everything you need to know about used car leasing—from how it works and the steps involved in your lease journey to the many advantages it offers. Whether you’re new to leasing or looking for a cost-effective alternative to buying, we’ll help you understand how leasing works, why it’s beneficial, and answer common questions to ensure you make an informed decision. Explore the sections below to learn more about the ease and convenience of leasing a used car.
What Comes with a Used Car Lease
Prepared to the Highest Standards
Every used lease car in our fleet is meticulously inspected, refurbished, safety-checked, and professionally cleaned to ensure it meets the highest quality standards. We take pride in delivering vehicles that are ready for the road and in excellent condition.
Extended Warranty and Service Plans
Enhance your leasing experience with our optional extended warranty and service plans. These plans allow you to add maintenance coverage or spread the cost of servicing, ensuring your vehicle remains in top condition without unexpected expenses.
Inclusive Warranty and Breakdown Cover
With our used car leases, you receive comprehensive road tax coverage for the entire lease term and at least six months of breakdown cover. This ensures you have peace of mind, knowing that you’re protected against unexpected issues and additional costs.
What are the Benefits of Leasing a Used Car?
Leasing a used car offers a more budget-friendly alternative to leasing a brand-new vehicle, helping you save on both upfront costs and monthly payments. One of the biggest advantages is that used cars have already experienced their initial depreciation, meaning you won’t bear the brunt of the steep value drop that comes with new cars.
Another benefit of leasing a used car is the wide variety of options available. Whether you’re looking for a luxury vehicle, an eco-friendly hybrid, or a practical hatchback, there’s something for every preference and budget. The lease terms are also designed to be flexible, with fixed monthly payments and options tailored to your specific needs, making it easier to manage your finances while driving a high-quality vehicle whilst also providing the other benefits of leasing a car, including:
Free mainland delivery.
Fixed monthly payments
Affordable luxury models
Lower Depreciation
Maintenance and Services package
Affordable Upgrades
Included Road Tax and Breakdown Cover
Cost Savings
What Is Your Used Car Lease Journey?
Getting Started with Your Lease
A used car lease gives you the opportunity to drive a pre-owned vehicle for a specified term, typically between 12 and 36 months. Throughout the lease, you’ll make monthly payments, and at the end of the period, you can either return the car or opt to purchase it. Important factors to consider include the lease term, mileage limits, the car’s residual value, and your monthly payment.
When preparing for your lease, start by selecting a vehicle that suits your needs from our extensive range. Once you’ve chosen, you’ll go through a simple application process, which includes a credit check. Be ready to provide documentation, such as proof of income, residency, and identification. In some cases, a deposit may be required.
Managing Your Lease
To maintain your vehicle in top condition, it’s essential to follow the manufacturer’s recommended maintenance schedule. We also offer optional maintenance plans that can help you manage the associated costs more easily.
Throughout your lease, be mindful of your mileage to avoid going over the agreed limit, as exceeding it may result in additional charges. Additionally, ensure that you have comprehensive and collision insurance coverage as required by your lease agreement.
Concluding Your Lease
As you approach the end of your lease, you’ll have several options. If you choose to return the car, make sure it’s in good condition. The car will undergo a final inspection, and you may be responsible for charges related to any excessive wear or mileage. Alternatively, you can decide to purchase the vehicle for its residual value if that option is available in your lease.
If you need to terminate your lease early, it’s important to review the terms of your agreement to understand any associated fees or penalties.
Frequently Asked Questions
What is the difference between used car leasing and new car leasing?
Used car leasing operates just like leasing a new car, with the key difference being that you’ll be driving a pre-owned (pre- loved) vehicle. This allows you to enjoy lower monthly payments and the convenience of quick delivery, often within just 16 calendar days.
How does the vehicle delivery process work?
Delivery is arranged through our suppliers and can be booked 8 working days after signed documents are returned and we will advise you on the earliest available date which you can confirm. You’ll receive proof of delivery (POD) to complete the process.
What You Can Expect as a Customer?
You can expect delivery during AM or PM hours from Monday to Friday, along with advance notice of your vehicle’s estimated arrival time. Upon delivery, your vehicle will be clean and ready to go, with at least 30 litres of petrol or diesel, or 80% battery charge for BEV and PHEV models.
What is included in my used car leasing contract?
The vehicle is inspected and road tested. If an MOT or service is due within 6 months or 3,000 miles, it will be completed. Previous service history will be provided where available, but full manufacturer-recommended maintenance cannot be guaranteed.
What is the mileage on used lease vehicles?
The mileage on our used lease vehicles varies based on factors like the car’s age and its source. You’ll be informed of the vehicle’s exact mileage when you place your order. Any existing mileage on the car before it’s handed over to you will not be counted toward your annual mileage allowance.
How is fair wear and tear handled at the end of the contract?
Photos of the vehicle are taken both before delivery and when it is collected at the end of your lease. Any fair wear and tear charges will only apply to damage incurred during your lease that exceeds the standards set by the British Vehicle Rental and Leasing Association (BVRLA).
Can I view the used lease vehicle before placing my order?
While you can’t physically view the vehicle before ordering, our sales consultants can provide detailed images of the car’s exterior and interior. You’ll also have the chance to inspect the vehicle on the day of delivery before signing the delivery note. Since we don’t keep stock on-site, the used vehicles are stored by the finance provider and are not available for in-person viewing. However, you can thoroughly inspect the car upon delivery and address any concerns before finalizing the paperwork.
Get in touch with one of our friendly sales advisors for more information, and we’ll follow up to assist you. please contact us on 01753 878430.