A simple explanation from FLEXED on how short term leasing works
What is short term leasing?
We specialise in short term leasing for both personal use and business contract hire, so if you’re looking to lease a car or van without having to commit to a long term contract, Flexed is the perfect choice for you.
Basically, short term leasing gives you the customer control over how long you would like to lease a vehicle, with the flexibility to return, keep or swap your car as many times as you want to without having to pay any additional charges.
Our minimum lease period is 28 days but you can continue to lease for up to 12 months – it’s entirely up to you.
For example, if you decide to lease a car for 9 months but two months in you decide you only need the car for 6 months, with short term leasing you just change the length of your lease – it’s that simple because you’re not committed to anything after the initial 28 day period.
How much you pay does depend on which make and model you decide to lease, how long you would like to lease it for and what mileage allowance you opt for.
What’s Included On A 28 Day Short Term Lease?
At Flexed when you lease a car or van from us, UK road tax, manufacturer warranty, vehicle maintenance and breakdown cover are included in the lease. All vehicles supplied to our customers are new under 12 months old, with 85% of them being less than 6 months old but DO NOT come with insurance cover – this must be sorted by yourself, with a fully comprehensive insurance policy required when leasing.
Included within your 28 day rental is 1,250 miles per month (15,000 MPA) which can be changed to suit your specific requirements, however please be aware that exceeding your agreed mileage allowance could lead to extra charges.
When Short Term Leasing Works
Short term leasing is the ideal choice if you’ve ordered a new vehicle but need some wheels to ‘fill the gap’ or you simply need to lease a car for just a few months whilst you decide on a permanent solution for your motoring needs.
It might be that you like the idea of swapping and experiencing some of the latest models before deciding which one you’d like to lease on a long term contract or you’ve taken a new member of staff on in your business on a trial period but need to provide them with a vehicle in the mean time.
With short term leasing, you only ever need to commit to 28 days and after this time you can choose to return the vehicle, lease the same vehicle for longer, or swap to another vehicle of your choice – flexible leasing that enables you the customer to remain the one in control.
Basically, short term car and van leasing avoids long term tie-ins often associated with renting a vehicle.
However, we also provide leases based on a 3, 6, 9 or 12 month fixed long term rental but this service is only available on selected vehicles – contact us NOW to find out more on 0800 311 8290.
What Are The Benefits?
Whilst short term car and van leasing contracts work similarly to more ‘general’ lease agreements, with short term leasing you don’t have to sign up to leasing a vehicle for a fixed period of time.
Like ‘normal’ lease contracts, you choose a car or van from our website that you’d like to drive, however once your initial 28 day period has ended, you have the freedom to either return the vehicle, continue to lease the same car or van for longer or swap for another make or model without having to pay extra charges.
How Do I Get Started?
Firstly, you need to choose the car or van you’d like to lease before filling in our one-page application form which is then sent off to our in-house underwriting team.
Once your application has been approved, the car or van of your choice is secured by way of a one-off card payment made by yourself. Any further payments (if applicable) will be collected automatically by Direct Debit.
Your vehicle details will be sent to you along with your new agreement which will need to be signed. You will then have to make sure the vehicle you’ve chosen to lease is insured and a fully comprehensive insurance policy is required when leasing a vehicle or GAP insurance can be purchased, however this is optional.
Arrangements will be made for the handover of your new car or van, either by collecting for free from our offices in York, or you can have your new lease vehicle delivered to an address of your choice for a small charge.
The keys are handed over and you’re now ready to enjoy driving your lease car or van from Flexed.
Please be aware that a one-off administration fee of £175.00 Excl. VAT applies will all new contracts for both personal and business accounts.
Please click here to find out more about our car leasing services and fantastic offers for both Business and Personal customers, or give us a call on 0800 311 8290.
Drop us a quick email to firstname.lastname@example.org or chat with a member of our team NOW using our online ‘We Are Here!’ service – we’ll gladly answer any leasing questions you may have.