Things to Check Before Signing a Personal Car Lease Agreement
Your checklist before you sign
Found a car you like at a monthly price that fits your budget? Before you sign, check what you’ll pay upfront, how many miles you can drive and what’s expected when you hand the car back. A few minutes with the quote and agreement now can save you a surprise later.
New to Personal Contract Hire (PCH)? Start with our guide to personal car leasing.
1. Add up the full cost
Check the initial rental, the number of monthly payments and any processing or delivery fees on your quote. Compare prices including VAT. A lower monthly rental can cost more overall if you pay more upfront.
When comparing our car lease special offers, ask for quotes with the same contract length, mileage and initial rental arrangement.
2. Pick a realistic mileage allowance
Look at how many miles you drove last year and factor in any changes to your commute, school runs or weekend trips. Check the excess mileage charge per mile. If you expect to go over, ask what a higher allowance would cost.
3. Check what’s included
Ask whether the quote includes maintenance and what it covers, including servicing and tyres. Get an insurance quote for the exact model and check the finance provider’s cover requirements before you commit.
4. Confirm the car and delivery estimate
Check the model, trim, colour and options on the order form. Ask whether the car is in stock or a factory order and whether the offer has any registration or delivery deadlines. Tell us if you need the car by a specific date.
5. Read the early termination terms
If you need to return the car early, the finance provider may charge an early termination fee. Ask how the charge is calculated before choosing your contract length, especially if your circumstances may change.
6. Know what’s expected at handback
Ask for the finance provider’s fair wear and tear guide. Keep up with servicing and keep both keys and any supplied equipment together. Damage outside the return standards, missing items or excess mileage can lead to charges.
Ready to compare personal car lease deals?
Tell us how many miles you drive, what you’d like to pay upfront and when you need the car. We’ll help you compare quotes and talk through the costs before you decide.
