In Stock Car Lease Deals

In Stock Car Lease Deals FAQs

Find answers to common questions about in stock leasing, covering monthly payments, mileage allowances, eligibility, delivery timescales, insurance, and what happens at the end of your lease agreement.

• Am I eligible for an in stock lease, and what documents will I need to provide?

  In stock leasing is available to individuals and businesses who pass a credit and affordability check. For a personal lease, you'll need to be aged 18 or over, hold a valid UK driving licence, and be able to provide evidence of your identity, address, and income.

  With a business lease, you'll also need to provide evidence of your company's identity and financial standing, such as a minimum of two sets of accounts filed at Companies House. Our guide to business lease eligibility covers this in more detail.

• How long will it take for my in stock lease car to be delivered?

  Because in stock cars are already built, delivery is usually much quicker than with a factory order. Once your application is approved, you can expect your car within an estimated 2 weeks, though this can vary depending on the specific model and its location. Your dedicated account manager will be on hand to keep you updated throughout the leasing process. We also offer free delivery for all UK mainland customers.

• What contract lengths are available on in stock lease deals?

  Contract length isn't affected by whether a car is in stock or a factory order. The same options apply either way. Term lengths of 24, 36, or 48 months are commonly available, though this depends on the specific vehicle and finance provider.

• What's included in my monthly payments for an in stock lease deal?

  Your monthly lease payments cover the cost of the vehicle for the agreed contract term and mileage allowance. Road tax is also usually included, and spread across the length of the agreement. Insurance and fuel costs are not included.
  
  Optional maintenance can be added to your agreement to help cover servicing, routine upkeep, and tyres.

• Who is responsible for insuring my leased vehicle?

  You are responsible for keeping your leased vehicle insured with a fully comprehensive policy from the day of delivery, renewing as needed throughout your agreement. Car insurance isn't included in your monthly payment, so it's worth getting a quote in place before your car arrives.

• How does the mileage allowance work?

  When taking out an in stock lease, you'll choose a mileage allowance that reflects how much you expect to drive over the length of your agreement. A simple way to work this out is to think about your average weekly mileage and multiply it by 52, factoring in regular commutes and any longer trips you might take. If you exceed your agreed mileage allowance, excess mileage charges will apply at the end of your lease.

• What happens at the end of my lease agreement?

  When your agreement ends, you'll return the vehicle to the finance provider. As this is a non-ownership agreement, there's usually no option to buy it. Before it's collected, the car is checked against fair wear and tear guidelines and your agreed mileage allowance. Any supplied items, such as keys or charging cables, must also be returned with the vehicle.

  If you need to end your agreement early, it's important to know early termination charges will apply. These can be 50% to 100% of outstanding rentals, depending on the funder and where you are in your agreement.

• Are in-stock cars cheaper to lease than a factory order?

  Not necessarily. Just like any other lease, in stock deals are priced based on factors such as model, specification, contract length, and availability. The main benefit of choosing an in stock lease deal over a factory order is that you have a shorter wait time for your car to arrive.