Vehicle Leasing FAQs

Yes, all of our vehicles are brand new, supplied by dealerships. GB Vehicle Leasing has long-established links with some of the best suppliers across the UK, enabling our pricing team to ensure we offer the very best lease deals. Sometimes we have huge discounts on ‘pre-registered’ vehicles. This just means they have to be registered before a certain date; they are still brand new vehicles.

Check out our special offers here.

We advise that when considering a vehicle lease, it’s important you think about how much you can afford to spend each month, the length of the lease, and the type of vehicle that best suits your preferences. You should also consider additional costs such as vehicle insurance, maintenance, and repairs.

At GB Vehicle Leasing, we are committed to providing a range of affordable car lease deals and cost-effective options for car leasing. Our selection includes a variety of makes and models, ensuring you can discover a budget-friendly car that suits your preferences and budget. Typically, some of the most affordable cars include the Hyundai i10, Fiat 500, Mazda2, Citroen C3 and Vauxhall Corsa. However, please note that rates are regularly updated and therefore, this list may change. Click here to discover our cheapest car lease deals currently available. 

Unfortunately, our leased vehicles are not insured, and you as the driver are responsible for ensuring the vehicle is comprehensively insured.

It is possible for you to add vehicle servicing and maintenance to most of our deals for a fixed monthly instalment. Usually, this covers your scheduled vehicle servicing and any wear and tear items that need replacing (note this excludes damage). Some maintenance packages exclude tyres and/ or exhausts so please contact us on 0161 762 5680.

Personal car leasing (also known as Personal Contract Hire (PCH)) allows you to drive a brand-new or used car for a fixed monthly cost without owning it. You use the vehicle for personal purposes over an agreed contract term, then return it at the end and can upgrade to a new lease.

A business lease (also known as business contract hire (BCH)) allows businesses to lease a vehicle for a fixed monthly cost over an agreed term and mileage. At the end of the contract, you simply hand the vehicle back. Depending on your business and how the vehicle is used, there can also be potential tax and VAT benefits.

If a vehicle is in stock, then this will typically be available for delivery within 2-4 weeks (approximately) from order. The statutory cooling off period stated by the finance company (usually 14 working days) must expire before the delivery of a vehicle can take place. Also, delivery dates are subject to change by the manufacturer and on occasion, delays may occur.

If the vehicle you want isn’t in stock it will be a factory order so these delivery times can vary but we’ll keep you updated of the vehicle’s progress regularly. We require all the necessary documentation in place before delivery of a vehicle.

Yes, we can consider part exchanges on vehicles depending on their condition.

For more information about part-exchanging your old vehicle for a new lease, please click here. Leave behind the hassle of selling your vehicle as our experienced team are here to help make this an easy process for you.

Leasing a vehicle means paying an initial rental which is a non-refundable, one-time upfront payment made at the start of your lease agreement. It is typically equivalent to a set number of monthly payments and forms part of the overall cost of the lease.

Yes, you can take your leased vehicle abroad. However, you must inform the finance company of your destination and travel dates, as they will need to provide you with the relevant documentation.

Contact us on 0161 762 5680 to find out who your vehicle is funded through..

Yes, you can put a private plate on a leased vehicle. However, the process is more complex than with an owned car, so we recommend you call our Admin Team on 0161 762 5680 or send us a message and we will assist with this.

If you have taken out a maintenance package, then please contact our admin team on 0161 762 5680 to find out who you need to contact to arrange your service. However, if you do not have a maintenance package then you can take your vehicle to any VAT registered garage as long as they use official manufacturer parts and oil etc.

This is how the deal is structured. In this example the ‘6’ means 6 payments in advance and the ‘47’ is the number of monthly payments you will make following this. The more you pay in advance, the lower the subsequent monthly payments will be.

On Business Contract Hire and Personal Contract Hire the road fund licence is included for the full term of your contract.

On Personal Contract Purchase and Finance Lease, the vehicle usually comes with 12 months road fund licence. From the second year onwards, you are responsible for the road fund licence. In some cases, the finance company will arrange and pay for this then will invoice you. In other cases, you will need to arrange and pay for the road fund licence yourself.

It is your responsibility to ensure the vehicle has a valid MOT and servicing is up to date. You are also responsible for maintaining the condition of the vehicle.

No, our lease deals come with road tax included. Simple, straightforward, and stress-free.

Whether you should lease a car through your company or personally depends on your individual circumstances and how the vehicle will be used. Leasing through a company can offer potential tax benefits for some businesses, while personal leasing may be more suitable for private use.

Our sales team can help explain the options available to you, however it’s also worth consulting your accountant or local tax office to verify your individual circumstance.

The cost of leasing varies depending on the vehicle and contract terms. Be sure to consider both your monthly budget and the initial upfront payment.

Our website allows you to easily filter vehicles by budget, contract length, annual mileage, fuel type, and more to find the best option which suits your requirements.

Check out our special offers here.

In brief, yes, it is necessary to undergo a credit check or credit search when entering into a vehicle lease.

This involves a creditor examining your financial information by accessing your credit report to assess your reliability as a borrower and ensure your ability to meet monthly payments for the vehicle. The credit check generates a credit report, offering an overview of your financial history.

Click here for more information or contact our team directly. 

In most cases, the credit check process is quick, with most finance companies providing a response to an application within 24 to 48 hours. However, if a lender requires additional information or further checks are needed, it may take a few extra days. Overall, the process is usually quick and straightforward.

A finance lease is a type of agreement where you pay a fixed monthly amount to use a vehicle over an agreed period, without owning it. At the end of the agreement, you return the vehicle and choose to renew or lease a different one.

It’s a great option if you’re looking for flexibility and predictable monthly costs while driving a newer vehicle.

At GB Vehicle Leasing, we work with a range of the UK's leading vehicle funders, giving us access to discounts and exclusive deals.

Our funding partners include

• LeasePlan

• ALD Automotive

• ARVAL

• Lex Autolease

• Novena Vehicle Solutions

• Santander Consumer Finance

We also maintain relationships with various other reputable finance companies. As a result, we can ensure we offer competitive rates and provide a range of finance products to suit you and your requirements.   

Yes, it may still be possible to lease a car if you are unemployed, as employment is now always required for approval. There are various finance options catering to a diverse range of individuals, including retirees, part-time employees, and self-employed. However, you must have a consistent source of income or benefits (such as a pension or disability allowance) and provide evidence of your ability to meet the monthly payments.

To lease a vehicle, your business will need to undergo a credit check as part of the approval process. Businesses with less than two years of trading or limited financial history may find it more challenging, although some funders will still consider applications.

You may also be asked to provide additional information, such as bank statements or management accounts. If you’re unsure about your eligibility, for business finance, feel free to contact us to discuss your options.

Stand out from the crowd

Electric car technology is advancing rapidly which means electric cars can be costly to buy outright.

With leasing, you are paying to use the car rather than for the whole purchase price, so you can always be seen driving the latest model.

The desire for electric cars is on the rise so why not be the first to do your bit for the environment whilst keeping your payment down?

Watch the pennies

Leasing an electric car can be very cost effective. The cost of charging is less than the cost of petrol or diesel. Electric cars have fewer moving parts so are easier to maintain – you can even add a maintenance package to your monthly cost for peace of mind.

For businesses, electric cars offer great value for money as, not only do they qualify for the lowest rate of company car tax, but the payments are fully tax deductible.

The UK Government are keen for us to make the switch from conventional car driving to electric cars and offer incentives for Ultra Low Emissions Vehicles, as well as grants for the cost and installation of home charging points.

Feel good driving

Unlike petrol and diesel engines, electric vehicles are much quieter and don’t produce any polluting exhaust fumes, making them a great leasing option for the environmentally conscious driver.

Things to consider

With some car manufacturers, you may have to lease the battery separately or upgrade to get the battery included. BMW, Tesla, Jaguar and Volkswagen include batteries.

Are electric cars worth it? Read more here.

EVs are generally cheaper to run than diesel cars due to lower energy costs. They also have fewer moving parts, which means less frequent maintenance and fewer component replacements.

Yes, home charging is one of the biggest advantages of driving an EV. It’s convenient, cost-effective, and means you can wake up to a fully charged car every day.

We have partnered with POD home charging solutions, where you can enjoy £50 off.

Find out more here.

Most electric vehicles take between 30 minutes to 13 hours to charge, depending on the charger used and the battery size.

·       Slow charger (3.7kW): Around 13 hours.

·       Fast Charger (7kW): Around 3-6 hours.

·       High-power Charger (50kW +): Up to 80% charge in under 60 minutes.

In everyday use, many drivers simply charge their EV overnight at home and wake up to a full battery in the morning. If you're using a rapid charger while out and about, you can often add a significant amount of range in less than an hour.

The cost to charge an electric car depends on the battery size, electricity prices, and where you charge your vehicle.

Charging at home is usually the most affordable option, especially with an EV energy tarrif. Public and high-power stations are typically more expensive but offer added convenience, and faster charging times when travelling.

Many EV drivers find that charging an EV cost significantly less than filling up a petrol or diesel car, helping to reduce every day running costs.

To make home charging easier, we’ve partnered with POD EV Home Charging, giving our customers £50 off a home charger installation. Click here to find out more.

Yes, all electric vehicles come with a charging cable. However, the specification of the cables supplied will vary between manufacturers.

Please Note – Manufacturers are continually updating their model ranges and options especially with regard to electric vehicles and the technology for charging connectors either at home or at public charging points. It is difficult therefore to keep updated individual details of which cables are provided with each car.

We would suggest that you check the manufacturers’ websites for up to date details of charging cables supplied as standard. GB Vehicle Leasing are unable to accept any responsibility in connection with the supply, installation and maintenance of a home charging point for your electric vehicle.

Yes, some electric cars can tow, however, capabilities and towing capacity varies depending on the vehicle model.  As EV technology progresses, manufacturers are introducing models tailored specifically for towing purposes, increased towing capacities, enhanced battery management systems, and improved range calculations to accommodate this function.

Click here to read our full guide about electric cars towing. 

Note: Always check the vehicles towing limit and ensure you are using the correct equipment.

Yes. Despite popular conception that water and electricity don’t mix, this isn’t the case with electric vehicles. This is because charging plugs and electric vehicles have been designed with multiple layers of protection built in. This means it is safe to charge and drive electric vehicles in the rain, even if you drive through a large puddle of water.

Generally, the principles surrounding insurance are the same, despite how it is powered, However, electric cars can sometimes cost more to insure due to these models being newer to the market and often requiring specialist repairs or more expensive replacement parts.

Yes, leasing an electric van is definitely an option, and there are many models available today. Popular choices include the Ford E-Transit, Citroen e-Berlingo, and Maxus eDeliver 3, among others. Leasing an electric van provides a flexible and cost-effective way to transition to greener transportation. However, it’s important to first consider if going fully electric is ideal for you and your lifestyle or whether another fuel type might be a better option.

Throughout the duration of the contract, it's imperative to maintain fully comprehensive insurance coverage on your vehicle, as stipulated by the agreement with the finance company. This requirement is a fundamental aspect of the contract and ensures protection for both you and the finance provider in the event of any unforeseen incidents.

The most affordable vans can vary based on the special offers we have available at any given time. However, small vans like the Citroen Berlingo, Ford Transit Courier and Peugeot Partner are usually some of the cheapest. Whether you aim to expand your business’ van fleet or upgrade your current van, GB Vehicle Leasing are here to assist you. Take a look at our current van lease deals or contact us to discuss your van leasing options in more detail.

From small vans to tipper vans and box vans, we have an extensive selection of van lease deals to suit your requirements. GB Vehicle Leasing have unmissable offers on all major van manufactures like Citroen, Fiat and Ford, among many others. Explore our van leasing page to browse our available vehicles and find the perfect van to meet your specific requirements. Alternatively, call us on 0161 762 5680 and one of our commercial leasing specialists can talk your through available options.

Absolutely, you can lease a van personally instead of through your business. Personal van leasing could be a good option for businesses that have been in operation for under two years or have previously been denied vehicle finance.

With a personal lease, the individual entering the lease will be the one who gets approved for finance, rather than the business. This can be a great option for new businesses or anyone struggling to get business vehicle finance. Contact us to find out more about your options.

Feel free to contact us to discuss this in further detail with a member of our team.

Yes, all vans leased through GB Vehicle Leasing include manufacturer’s standard UK warranty, yet the length may vary by brand. For pre-registered vehicles, the warranty begins from the date of registration. 

You’ll also need to arrange an MOT after three years from the vehicle’s initial registration, unless you have a maintenance package.

For more detailed information about the specific warranties offered by different van manufacturers, please contact a member of our team.

Yes, you can modify your leased van, but it’s important to follow the correct process. Consult your commercial vehicle specialist at GB Vehicle Leasing before making changes. If you have specific modifications in mind, discuss them before signing your new lease agreement. We specialise in fully bespoke vehicles, ensuring your van is tailored to suit your exact needs and specifications. Click here to find out more.

The possibility of a lease extension depends on the finance company and your agreement. Some providers may offer you formal or informal lease extensions at the end of your contract.

Informal Extension - Allows you to continue using your leased vehicle beyond the contracts end date until collection is requested.

Formal Extension - This is a structured arrangement entered by yourself and the finance company, permitting you to prolong your lease contract for an additional period, usually for 6 or 12 months. 

Please contact our Admin Team on 0161 762 5680 or send us a message with your preferred collection data and address and we will arrange this for you. To arrange the collection of your vehicle, we kindly request a minimum of 7 working days' notice. Nevertheless, you have the flexibility to schedule your collection as early as 30 days before your intended date.

You typically won’t pay any additional charges at the end of your lease if the vehicle is returned in line with the agreed mileage and fair wear and tear standards. Extra charges may apply for excess mileage, damage and in most cases termination.

Fair wear and tear refers to the minor marks and deterioration that naturally happens through normal everyday use of a leased vehicle, such as small scuffs, light stone chips, or tyre wear. Damage outside of this standard may lead to end-of-contract charges.

For more information regarding this click here or contact us now.

The vehicle should be handed back in a condition that is consistent with the standards outlined for 'fair wear and tear.' The vehicle needs to be both safe for road use and prepared for inspection. On the day of collection, you should ensure appropriate documentation relating to the vehicle such as service history, spare keys and equipment are available to hand over. Also, if there is a private registration plate on the vehicle, you are responsible for ensuring this is put onto retention before vehicle collection.

Click here to read the BVRLA Fair Wear and Tear Guides. 

Early termination of a lease contract refers to the act of ending a lease agreement before the agreed-upon end date. When a customer wishes to return a leased vehicle early, they can initiate an early termination by arranging it with the finance provider. The funder then calculates a set fee that the customer must pay for ending the lease early. It is important to note that substantial penalties may be incurred, so it is advised that you think very carefully before cancelling the agreement.

The option to terminate a lease early is subject to the finance provider's discretion and can depend on your contract type. The penalty charge, also referred to as an early termination fee, can differ considerably between funders. If you’re considering an early termination, please give us a call to discuss it to ensure you’re making an informed decision. Although ultimately the final decision is down to you.

Leasing is a great option if you love the idea of upgrading your vehicle every few years without the long- term commitment of ownership. With fixed monthly payments and no worries about selling the car later on, it can be a simple and convenient way to hit the roads.

Leasing means low monthly payments and the flexibility to upgrade your vehicle every few years. Road tax is included, and maintenance packages are also available within a lease agreement for extra convenience.

Whereas, buying a vehicle outright means higher upfront costs, long-term commitment plus maintenance and depreciation worries - yet results in full ownership.

Leasing and renting are similar, but generally leasing is usually a longer-term commitment. A signed lease agreement usually lasts 2,3 or 4 years, whereas renting is more of a short-term solution where you may choose a month-to-month rental agreement.

Yes, with us at GB Vehicle Leasing you can lease a used vehicle. Offering excellent value for money, our carefully selected vehicles provide a cost-effective way to drive a quality car without the significant price tag.

Check out our used car leasing page to start exploring your options.

While most drivers are familiar with the basic steps to take in the unfortunate event of a crash, it’s important to stay calm and contact both your insurance provider and leasing company as soon as possible.Depending on the damage, the vehicle may be repaired or written off through your insurer. Because the car is leased. The finance provider will also need to be involved in the process.

So, what should you do if you crash a leased car? Click here to view our useful guide to find out.

WLTP stands for Worldwide Harmonised Light Vehicle Test Procedure. It’s the test used to measure a vehicles fuel economy, CO2 emissions, and electric range using more realistic driving conditions. WLTP replaced the older NEDC (New European Driving Cycle) test and is designed to give drivers more accurate and reliable performance figures based on real-world driving.

AdBlue is a fluid used in many modern diesel vehicles to help reduce harmful emissions. It works with the car’s exhaust system to lower pollution levels and is required in most newer diesel cars.  The solution is now a legal requirement for all diesel vehicles manufactured after 2016 in the European Union and other countries that follow similar environmental regulations.

Click here to find out what AdBlue is made of, and why it's essential for modern diesel vehicles. 

In cars, torque refers to the force that the engine generates to turn the wheels. Specifically, it is the force that is applied to the crankshaft by the expanding gases in the engine's combustion chamber, which ultimately translates into the rotational force that turns the wheels. The engine generates torque by burning fuel in the combustion chamber, which creates a high-pressure gas that pushes the pistons and turns the crankshaft. This rotational force is then transferred to the wheels through the transmission and differential.

Click here to find out more about torque.

When picking a vehicle that can handle tough terrain and adverse weather conditions, you are likely to come across two terms: AWD (All-Wheel Drive) and 4WD (Four-Wheel Drive). Even though both systems power to all four wheels, they possess distinct characteristics which impact performance, handling, and fuel efficiency. Here is the difference:

AWD systems automatically send power to all four wheels to improve grip and stability.

4WD systems are designed for more demanding off-road driving and provide drivers with extra control on rough terrain.

Here, we discover the key differences between AWD and 4WD, including how each system works and what situations each is best suited for.