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   What happens when a car lease is over?

   • Vehicle leasing is easy and convenient, and so too is the process of handing it back once you reach the end of your agreement. In most cases, when your lease is over the finance company comes to collect the car from you, as long as you have met the leasing conditions there is nothing extra to pay.

   What happens at the end of a car lease? - carwow

   www.carwow.co.uk/guides/financing/what-happens-at-the-end-of-a-car-lease

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   What happens when a car lease agreement ends?

   • Once your formal extension agreement ends, you must hand the car back to the company. With an informal extension, you can simply keep the car past the original leasing contract date without putting a new financial agreement in place.

   What happens at the end of a car lease? | AutoTrader

   www.autotrader.co.uk/content/guides/returning-a-lease-car

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   Do you have to pay off a leased car?

   • Therefore, at the end of the lease, you will have paid it off, and no fees or credits are outstanding. Do you have to pay when returning a leased car? If your vehicle is returned in accordance with the wear and tear and excess mileage policy, there are no additional payments required at the end of the lease.

   Guide to the End of Car Lease & Renewals | Leasing Options

   www.leasingoptions.co.uk/car-leasing/guides/end-of-lease

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   What happens if I don't keep my car after a lease?

   • This voluntary payment is decided at the beginning of your lease, and allows you to keep your hire vehicle if you want to. Alternatively, if you decide you do not want to keep the vehicle then you can also return it to the car lease company at the end of your lease. Can I extend my lease?

   What Happens at the End of a Car Lease? - Money Expert

   www.moneyexpert.com/car-finance/end-of-car-lease/

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   What happens at the end of a van lease?

   • If you want to find out what happens at the end of a van lease, read our van-specific guide. Towards the end of your lease period, you may be contacted by your account manager, lease provider, or finance company to arrange the collection of the car.

   What happens at the end of a car lease? | AutoTrader

   www.autotrader.co.uk/content/guides/returning-a-lease-car

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   What happens if you return a car after a lease?

   • If you return the car at the end of your lease and it has unrepaired damage that is not considered fair wear and tear, you will be required to pay a penalty charge to make up the shortfall in the vehicle's value and compensate the company financing your lease.

   What happens at the end of a car lease? | AutoTrader

   www.autotrader.co.uk/content/guides/returning-a-lease-car

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2. www.moneyexpert.com › car-finance › end-of-car-leaseWhat Happens at the End of a Car Lease? - Money Expert

   www.moneyexpert.com › car-finance › end-of-car-lease

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   When your car lease ends you can either extend it, set up a new lease with a new vehicle or buy your car outright. Learn more about your options here.

3. www.carwow.co.uk › guides › financingWhat happens at the end of a car lease? - carwow

   www.carwow.co.uk › guides › financing

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   • When Will The Car Be collected?
   • How Do I Prepare For The Car to Be collected?
   • What Happens When The Car Is collected?
   • What Happens If I Have Damaged My Lease Car?
   • Can I Contest Damage Charges?
   • What If I Have Exceeded My Mileage Limit?
   • Can I Extend My Lease?
   • Can I Return My Lease Car early?
   • What Happens If I Return My Lease Car Late?
   • What If I Want to Lease Another Car from The Same Company?

   Most leasing companieswill contact you before the expiry date to arrange collection. But do not take for granted that yours will. If the date is looming and you have not been contacted, get in touch with the company yourself – some expect you to do so anyway. It always pays to keep a record of exactly when your lease car was delivered. You can easi...

   See full list on carwow.co.uk

   Your leasing company should tell you what you need to do before the car is collected. As a rule of thumb, you should: 1. Gather together all the paperwork for the car, including the V5C registration document, servicing/repair invoices, handbooks and service books 2. Find the spare keys 3. Refit any items you have removed from the car as such the lu...

   See full list on carwow.co.uk

   At the appointed time, a driver will arrive to collect the car. They will check all the paperwork is in order, that nothing is missing from the car and that the mileage is within the limit. They will then inspect the car for any damage and undue wear in detail. There will inevitably be some paperwork to fill out. Any issues should be dealt with the...

   See full list on carwow.co.uk

   You should inform both the leasing company and your insurer immediately. When taking out the policy you should inform your insurer that the car is leased, and which company has provided it. The company will likely have preferred body shops and will co-ordinate with your insurer to have the car repaired by one of them. When the car is collected at t...

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   Yes. If you believe that any damage found constitutes reasonable wear and tear, you are being charged for damage that did not exist when the car was collected, and/or that the penalty charges are excessive, you should take the matter up with the leasing company. If they do not or refuse to resolve the matter to your satisfaction, you should contact...

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   A mileage limit is simply the maximum amount of distance that you and the leasing company have agreed on at the commencement of your lease. The higher the limit is the more you pay monthly. Exceed the limit and you will incur penalty charges. Depending on the leasing company, it could be a few pence per mile, or as much as a whole pound. Going a lo...

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   It depends on the leasing company. Some will let you extend the lease (you will probably incur a charge for doing so), while some do not allow it at all. Contact the company to find out.

   See full list on carwow.co.uk

   Yes. However, you will have to settle any outstanding finance and termination fees for doing so. The exact amount will depend on how much you’ve paid off and what your early return agreement is with the leasing company. The method in which you have leased your vehicle (Personal contract purchase (PCP), Hire purchase (HP) or Personal contract hire (...

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   You will be charged an additional fee for a late return. The amount will depend on your specific leasing agreement and how long you have kept the car for beyond its original collection date. The best way to avoid missing the return date is to set a reminder as soon as you collect the car at the beginning of the lease. Your leasing company should al...

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   Then do so. Every company loves a returning customer and leasing companies are no different. If you arrange the new lease before the current one expires, any company worth its salt should be able to have the person collecting your current car arrive with the new car. If in doubt – assume nothing. If you unsure about anything regarding when and how ...

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   • Video Duration: 240 min

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5. www.autotrader.co.uk › returning-a-lease-carWhat happens at the end of a car lease? | AutoTrader

   www.autotrader.co.uk › returning-a-lease-car

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   At the end of your car lease you can look forward to upgrading to one of the newest car models available. However, before you can start driving your new car, here’s everything you need to know about returning your lease car.

   • Author: Auto Trader

6. www.caranddriver.com › news › a39799387What to Do When Your Car Lease Ends - Car and Driver

   www.caranddriver.com › news › a39799387

   Apr 23, 2022 · Should you buy your car at lease end, or start a new relationship with a new vehicle? In this time of higher prices and scarcity, you need to think it through.

   • Occupation: Contributing Editor

7. www.leasingoptions.co.uk › car-leasing › guidesGuide to the End of Car Lease & Renewals | Leasing Options

   www.leasingoptions.co.uk › car-leasing › guides

   • Cached

   Find out what you need to do at the end of your car lease, including handing back your car, extending your lease or arranging renewals.

8. www.vanarama.com › guides › car-leasing-explainedWhat Happens At The End Of A Car Lease? - Vanarama

   www.vanarama.com › guides › car-leasing-explained

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   At the end of a car lease contract, you simply hand back the vehicle to the finance company who collect it for free. If the car is in good condition, you will not pay damage charges. You can then choose a new lease agreement on your next car or look elsewhere.

9. www.autotrader.co.uk › how-does-car-leasing-workComplete guide on how to lease a car | AutoTrader

   www.autotrader.co.uk › how-does-car-leasing-work

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   Jul 25, 2024 · At the end of the car lease, you will simply hand the vehicle back. The process for this is very simple. Once your lease is nearing its end, you will be contacted to arrange a time that suits you for someone to come and collect the car.