What is a finance application?

Once you have chosen your lease vehicle, how long your lease will last and your annual mileage limit, you are all set to find your perfect lease deal. You can do this by browsing our extensive catalogue of leasing deals online, or submit an enquiry to our team who will search out the best deal based on your preferences.

To place an order on your chosen lease vehicle you will need to submit a finance application containing basic personal details and evidence that you can afford the lease you wish to undertake.

There are many ways for you to do submit a finance application: you can do so online directly from your chosen deal, you can head straight to our online finance application form, or you can provide the required details over the phone with one of our dedicated Leasing Consultants.

The information required from you within this finance application will differ depending on whether you have chosen a business or personal contract hire agreement. In both cases you will need to supply name and address information for the applicant or business, income information and the bank details from which the lease will function.

Once we have your completed finance application, your dedicated Leasing Consultant will submit it to the organisation funding the lease deal you have chosen. They will conduct a full credit check, ensure you are identifiable at your current address and will assess affordability based on the cost of the chosen lease. They will then return a decision to us that states the application has either been approved or declined. This process can take up to 24 hours under normal working conditions.

If approved: If you are approved on finance you will be required to complete and return a formal order form so we can consequentially place an order with the dealership for the corresponding vehicle, securing the stock and the price you were quoted.

If declined:  There can be many reasons for a decline on finance. Some of which are appealable, but this will be at the discretion and advice of your Leasing Consultant. If you are declined on finance we will not be able to proceed any further with your order.

If your application is approved, we will order your car and arrange delivery with you. If you have chosen a stock vehicle this can be as little as 7 – 10 days. If you have ordered a factory build vehicle, delivery times will depend on the manufacturer build schedule and therefore could vary considerably. Mainland UK delivery is included in the price you will be quoted, charges may apply for addresses outside of this.

The vehicle will be delivered to you via driven delivery. The delivery miles will be recorded by the delivery driver and will not contribute to your mileage limit.

Once your term has passed, the vehicle will be collected from you once again. Subject to you not exceeding your annual mileage limit and the car having been looked after to the outlined standards, you simply hand the car back. Excess mileage charges will apply if you have exceeded the agreed mileage limit and you will have to cover the cost of any repairs that are not considered fair under standard use.