Explanation of your quotation
Please be confident before proceeding that you fully understand each element of your quotation, a brief overview of each section is detailed below:
Your Vehicle
Make and model of the vehicle chosen by you.
Factory Fitted Options
Optional extras over and above the standard specification of the vehicle chosen by you.
Additional Information
Specifics relating to age, gearbox, drive train and fuel type of your chosen vehicle. Please be sure when choosing a diesel engine that you are familiar with how a Diesel Particulate Filter operates and that your driving pattern is suited to it. You may also be required to purchase and maintain levels of AdBlue solution, should your vehicle require it.
Pre-Registered
A new vehicle that has been registered in advance of you taking delivery. Please remember MOT's, servicing and warranty are calculated and apply from the registration date and not from the delivery/contract start date.
Used
A quality used ex-lease vehicle, inspected and refurbished to a high standard, no more than 5 years old and has covered less than 75,000 miles at the start of the contract, the vehicle will come with full or partial service history. The vehicle will have a minimum of 6 months MOT and service remaining at point of delivery. Road Fund licence will be included for the duration of the contract however any DVLA increases during the contract will be passed on to the customer. It is the customer's responsibility to maintain the vehicle in line with manufacturer servicing schedule and MOT date and at customer's expense. Warranty is not included, however optional service and maintenance packages are available.
Contract Term
The duration of your agreement in months commencing from the date your vehicle is delivered to you. All agreements are for a fixed term.
Contract Mileage
Annual mileage, as specified by you, is fixed for the term of the agreement. Please be realistic with your requirements to minimise the possibility of excess mileage charges.
Initial Rental
An advance payment which is typically equivalent to a number of monthly rentals, 3, 6 or 9. This payment forms part of the contract and is non-refundable. The higher the initial payment the lower your regular monthly payment. This Payment is usually taken by the finance company by Direct Debit usually within 14 days after you take delivery of the vehicle.
Monthly Finance Rental
The fixed monthly payment for the lease of the vehicle paid to the funder.
Monthly Maintenance Rental
Where applicable, the portion of the total monthly rental that is attributable to the cost of the service and maintenance package payable to the funder.
Please note that the amount stated here is dependent on finance approval so is only to be used as a guide price at the time of quotation; the exact figure will be confirmed on your finance agreement.
Total Monthly Rental
The sum of the finance rental plus, where applicable, the maintenance rental. The Total Rental amount will be taken by Direct Debit each month by the funder.
Excess Mileage Charge
Each mile travelled in excess of the contract mileage will attract a cost in pence per mile. Some funders may charge on a tiered basis for vehicles returned with excessive mileage.
This figure is indicative and will be confirmed on your finance agreement.
Processing Fee
Cost for Leasing Options Limited to process the agreement, payable online via Stripe at the time of you accepting your order. Alternative payment methods are available, please discuss these with your Account Manager.
Quotation Inclusions
Products and Services included with your agreement including but not limited to Road Fund Licence and UK mainland delivery as standard. Any optional service and maintenance packages will be displayed here where applicable.