Frequently Asked Questions

At Flexed, we specialise in short-term leases that enable our customers to lease a car, van or pickup for a minimum of 28 days and after which it’s entirely up to yourself as to whether you return the vehicle, ‘roll on’ for longer or swap to another model or make....

When the time arrives for you to return your lease car or van as your contract nears its end, it’s important that you make all the right preparations before the vehicle is collected, so that the inspection and collection run as smoothly as possible. So that our...

If your vehicle lease provider has given you notice that they will be entering into administration, this means that the control of the company may be passed onto an appointed administrator. Part of the administrator’s duty is to rescue the organisation so that the...

What is BIK Tax and How Does It Affect Company Car Leasing? Benefit-in-Kind (BIK) tax is a tax on perks or benefits provided by an employer, including company cars. When you lease a company car, it is considered a benefit, and therefore, subject to BIK tax. The amount...

What is a P11D value? The P11D value of a car is the list price, including VAT and delivery charges, but  not the first registration fee or annual road tax. What is an On the road (OTR) price? An On The Road (OTR) price is the price that you pay for a new car...

G/km (grams per kilometre) is a measure that tells us how many grams of carbon dioxide a car generates per kilometre driven. The average g/km rate is 138g/km.   Why does it matter? Well, aside from the environmental benefits of having a car that generates less...

‘Miles Per gallon’ or mpg, sometimes written as ‘m/g’ shows you how many miles the car in question can travel on a single gallon of fuel. Often, the higher the mpg value, the more desirable the vehicle if everything else is equal, as considerable savings on fuel can...

Car emissions are substances, generally gases, released into the atmosphere when fuels are burnt. For cars, these usually comprise of:   Nitrogen oxides Carbon dioxide Carbon monoxide Water vapour Although water vapour is harmless, other emissions such as CO2 and...

How much will maintenance cost? On a short term lease car Nothing! Our maintenance costs are provided in the rental price, so you have one less thing to worry about. Remember, if you need any help please just call us on 0800 311 8290

As well as being reliable and efficient, a good company car should be impressive and aesthetically-pleasing, with a spacious cabin and boot. All of our cars are high quality and maintained, so reliability is out of the question – plus maintenance is included in the...

If you’re looking to build an impressive fleet of corporate cars, Business Contract Hire is the perfect solution. There are plenty of benefits for you and your business when it comes to this kind of lease.   The initial cost In short, the cost is much lower....

Business contract hire is a risk-free way to provide your employees with company cars. A fixed cost is calculated, tailored to suit your business’ average mileage, and a contract for a length of time of your choosing is established.   Simply pay the affordable...

What Are the Most Inexpensive Cars to Lease with Flexed? If you're searching for inexpensive cars to lease, Flexed offers a variety of budget-friendly options designed to meet your needs without compromising on quality. Leasing an inexpensive car doesn’t mean you have...

Fully comprehensive insurance can be arranged with our 28-day leases as an optional extra. Please call us on 0800 311 8290 to find out more.   To read about how our insurance works, please click here. 

Whether you choose to buy or lease, there will be pros and cons for either option. Some of these will be entirely dependent on your situation and needs.   The effect of mileage Whilst leasing, you’re often restricted to a certain annual mileage which can also...

Yes, you can lease a car through your limited company. Of course, the car leasing company from which you wish to lease the car will have to carry out a number of checks, such as credit history checks and confirmation of business registration details, but if you pass...

The paper (counterpart) of the license has been made obsolete. So customers will now be required provide their license details prior to leasing or booking their next hire vehicle. This guide will quickly show you how to obtain a license dvla check code. Driving...

We only need to look at our FAQ section to see that there can be a lot of confusion when it comes to the best car leasing options!  So, is car leasing the best option for my start-up? Which type of leasing would be best? There are a number of different options...

If you’ve decided that car leasing sounds like the best option for you, here is how you actually lease a car:   The car leasing process Leasing a car is much simpler than you may think. In fact, the hardest part is just deciding which one of the hundreds of cars...

At Flexed, we specialise in short-term car leasing, but you might be asking yourself how it actually works. Here’s an outline of how car leases work in the UK: A short -term car lease is a flexible arrangement whereby an individual or business can make use of a...

Having a bad credit rating can make leasing a car more problematic that much is obvious.  However, it is still achievable to lease a car with bad credit. How to lease a car with bad credit Find an underwriter who will consider not just your credit history but your...

Business car leasing is not just exclusive to limited and public limited companies. If you’re a partnership or a sole trader, you may also qualify for a business lease agreement. Flexible business leases are great if you or an employee are in a probationary employment...

If you are a business owner keen to qualify for business car leasing then there are several documents you will need to be able to present to fulfil business car lease requirements: Bank statements Audited accounts Proof of address and proof of ID for the main company...

On this page, you’ll find some of our frequently asked questions related to charges at the end of lease contracts. What are end of lease charges? These are extra charges or fees that your finance provider will issue if necessary when your lease agreement ends. End of...

The feeling of losing a loved one is incomprehensible. Unfortunately, in the event that it happens, it also requires a variety of things to be attended to. Should the individual in question have a car lease contract in their name, there is a procedure to be followed...

Unfortunately not. Our acceptance criteria requires both the insurance document and the lease holder to be in the same name. Our only exclusion would be for spouses/partners who both live and are registered at the same address.

To apply for our short-term lease, you have to be at least 18 years old with a valid or full UK driving license. Please note you’ll also be required to enter a credit check and a lease contract to proceed with a new vehicle lease.

With short-term leasing, you can opt to end your lease after the minimum 28 days have expired. But because it’s a rolling 28 days, you have the option to lease for longer or swap to another make or model if you wish, and there are no additional charges to pay either....

To cancel your 28-day contract, please email talk@flexed.co.uk to book your cancellation. There is no notice period. For fixed contracts though, the end date is set as per the signed agreement. Should you wish to return the vehicle sooner, an early cancellation charge...

If you’ve chosen our short term, 28-day rolling contract, you’re free to swap and change the car as often as you’d like with no additional charges. If you’ve got a fixed term monthly agreement, you’ll have to wait until the contract has elapsed. However, in special...

If the chosen vehicle is in stock, we have a turnaround time (for collection only) within 2-3 working days. If you’d like delivery this is entirely dependent on what delivery slots we have available. However, you’ll never wait longer than 5 working days to get your...

All our cars are less than 12 months old with 85% of those being less than 6 months old. Our vehicles are maintained regularly ensuring they’re safe and ready to lease. However, if the condition of the supplied vehicle falls below expectations please contact us...

We don’t charge a standard deposit for our leases. However, depending on the credit decision, we might ask for a refundable amount. This simply sits on the account until the contract comes to an end. If you have any questions, please feel free to give us a call...

Yes. When you decide to lease a new vehicle, whether it’s for a month or a year, you’ll be required to enter into a legal contract between you (the hirer) and the registered vehicle keeper (the lease company). As such, we have a duty to perform an affordability check...

The application process is done in-house and a decision will be supplied within 24 hours (Mon-Fri).

Comprehensive insurance cover is not provided as part of our lease as standard. You can either use an existing insurance policy or use our own tailored insurance product to insure your car.

Unless specified, delivery and collection is not included with our 28-day contracts. However, a UK-wide delivery service can be arranged from our offices in York at a charge of 89p+VAT per mile. Alternatively, the car can be collected or dropped off free of charge...

Available on 3, 6 or 12 month lease contracts, this option is only available on select vehicles. You will agree to a minimum term to keep the vehicle. Benefits of this type of lease include: Brand New Vehicle Road Tax Break Down Cover Manufacturer Warranty 833 miles a...

If you (and any named drivers) hold a full UK driving licence and are currently not disqualified from driving, we are happy to underwrite your contract. However, if you have a non-GB driving license, but are a resident of Great Britain, there are a few conditions to...

You can! However, we would need to see some additional documentation to process your application. Prior to your application, you will need to have the following available: Copies of your driving licence Click here to view accepted licenses Copies of your Passport Last...

When your lease is coming to an end, there are a few things you may be thinking about. Below, we’ll answer our most frequently asked questions about the end of a vehicle lease contract so that you’ll feel more confident about the process. 1. What happens at the end of...

If you’ve decided that you’d like to proceed with short-term leasing, you’ll need to apply to create a new account. Depending on your circumstances, the application can be made either through a business or personal account, whichever is most applicable. . Applying is...

“Good credit” isn’t a necessity with us. We look at each application individually and will consider every option to get you through the application. Sometimes we may ask for a refundable security amount, which sits on the account until your contract ends.

Our popular 28 day rolling contract is the perfect choice if you’re looking for a low-commitment style of lease. You can simply change or return your vehicle at any point after the initial rental period. Included within the 28 day rental: Road Tax Break Down Cover...

‘Fair Wear & Tear’ in vehicle leasing is an industry standard guide set out by the BVRLA (the trading body for companies engaging in vehicle rental, leasing and fleet management). This guide is used to determine if the condition of a lease vehicle being returned...

Unlike traditional contract hire, short term leasing provides customers with great flexibility and control over their leases. Our minimum lease period is 28 days, but after that you can return or swap the car as often as you’d like without any additional charges....

Sitting between Lease Contracts and Daily Rental Hire, Car Subscriptions are an alternative, more flexible form of obtaining a car. These contracts tend to be a on a 28 day or month-by-month basis and will only stop when you decide to cancel or swap your vehicle. Car...