Car Leasing with Trio Leasing
What is Car Leasing?
Car leasing is quickly becoming one of the most popular and affordable ways to finance a new car, allowing you to get the latest cars on the market with all the latest bits of technology.
Often referred to as a contract hire agreement, but more commonly known now as a lease, it allows you to fix the cost of your car over a set period of time, which helps to keep the finance cost nice and low to help you manage your money. In addition to fixing the cost per month, you are also able to be as specific as you like with your new vehicle, as you can request a factory order with any options available included, including the colour and trim.
Car Manufacturers available Car Leasing with Trio Leasing
Here at Trio we can supply all makes and models of vehicles available in the UK. If you can't find what you're looking for, please get in contact and we'll help you find the best deal on your ideal car, it's all part of the service we provide.
Car Leasing FAQs
The vehicle will not be automatically collected by the finance company at the end of the lease term. Its important that you contact the finance company to provide them with your preferred collection arrangements, such as date/time/collection address etc. To arrange a suitable collection date/time, you are advised to contact the finance company at least 14 days before the lease expires to make collection arrangements directly with your finance company. It is your responsability to arrange the vehicle return in good time, to avoid additional rental charges being applied beyond your contract end date. Vehicles being returned must be presented in a condition which complies with BVRLA Fair Wear & Tear guidelines. Information and tips on returning your vehicle can be found by visiting the BVRLA website using this link https://www.bvrla.co.uk/resource/returning-your-leased-vehicle.html
It is the lease holders (your) responsibility to insure the lease vehicle. Some finance providers may offer an all-inclusive package including insurance for a fixed monthly price for the duration of your contract. In addition to insurance it may also provide cover for vehicle breakdown, and vehicle maintenance covering repairs and servicing requirements. Please ask us for further information if you are interested in this option. If your finance provider doesn’t offer this level of cover, or if you choose not to select this level of cover, then it is your responsibility to insure the lease vehicle.
The initial rental payment is an advance rental that you choose to pay at the start of your contract. This is usually 1, 3, 6, 9 or even 12 monthly rental payments paid upfront at the start of your contract. This is normally collected by your finance company approximately 7-14 days post-delivery of your vehicle.
Paying a larger initial rental helps to reduce the cost of your regular monthly payments over the duration of your contract. Likewise, paying a smaller initial rental increases your regular monthly payments over the duration of your contract. Its important that you consider the affordability of the initial rental and the future recurring monthly payments, both now and if your circumstances were to change. The initial rental is non refundable and forms part of the hire agreement between you and the finance company.