r/CarLeasingUK

Contact Hire Cooling Off Period

Hi, can anyone advise on this issue please ?

I have recently taken out a personal contract hire agreement, signed the agreement with the leasing company and paid them their arrangement fee but not signed the actual finance agreement with the funder.

Been informed the car is ready for delivery and being chased to sign the finance agreement.

However I've seen a better deal on a different car with the same leasing company and asked them if I can swap to the other car.

They have since replied saying yes I can change but will have to pay a % charge of the P11D value £1200 as I am outside of their 14 day colling off period.

Now this charge is stated on the contract i signed with the leasing company but is this legally enforceable from a FCA or BVLA view ?

Would anyone be able to shed any light ?

Thanks

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u/WoodPigeon99 — 22 hours ago

I am looking to lease a cheap car. I’m chasing the deal, so happy to take anything with a budget up to £150 with ~£2000 down. 6k miles. Happy to go above that for any great value deals such as that Leapmotor C10 £179 one for last year.

It will be a secondary car for partner driving ~70-100 miles per week with baby in tow.

We have an EV charger and cheap rate.

Vauxhall Frontera the best value at the moment?

Also does anyone know of a lease deal aggregation site? HotUkDeals for Car Leases?

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u/Small3y — 14 days ago

Hi everyone,
I am new to the channel and a new driver(less than one month).
I have accepted a deal for PEUGEOT 208 1.2 Hybrid 110 Allure 5dr e-DSC6
With Day’s leasing
1374£(6 month) upfront and 230£ monthly including maintenance(servicing,tyres etc)

Is this a good deal?

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u/Traditional_Tower911 — 7 days ago

Just looking for some information on the process and what to expect.

We're looking to lease an EV in the next few months or so. We'll obviously want to test drive cars to find the one we want but the best lease deals often involve dealerships that aren't local to us.

I've gone on the manufacturer website for test drives and it directs me to local dealerships. Is it pretty well understood that if I book a test drive with them that I likely won't be leasing with them or should I expect a lot of pressure or even paperwork?

Any advice on the process for booking in a test drive would be appreciated as I'm completely new to leasing

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u/Cold-Caramel-736 — 12 days ago

Have roughly 2 months to return our car to Santander PCH and always looked after the car. Just noticed the bonnet has 9 scratches in the clear coat which can be felt with finger nail. Checked with local body shop and they adviced polishing won't get them out.

Unsure how these ended up here and think it might be a something stuck on a microfiber.

Its not visible normally but visible when looked at certain angles. Its only in clear coat.

Santander do not list a cost of repairs as such and still waiting on confirmation on who is picking up the car.

Is this something I should look into fixing. Attached photo of one of the scratches for reference. They are longer than 25mm but not down to primer or basecoat but visible. There ar 7 scratches spread around bonnet and one multiple scratch like the photo attached. It is a bit difficult to get the scratches on photo.

Apologies in advance if the question is silly but its my first lease return

u/Individual_Bid_758 — 8 days ago