How leasing works
CONTRACT HIRE EXPLAINED
What is car leasing? Here’s everything you need to know
Contract Hire is a type of long-term car rental. You get to drive a brand new vehicle in exchange for a fixed monthly payment. You choose the contract length and mileage allowance you need.
If you love that new-car feeling but lack cash, this is the option for you. Contract hire gives you access to a range of brand-new cars and vans, without the costly initial outlay you'd need if you were buying outright. What's more, fixed, transparent monthly costs make your budget easier to manage.
BENEFITS
Leasing can be a cost-effective way to get your hands on a brand new car. There’s no need to worry about resale value, because you don’t own the vehicle. Think of it as a long-term car rental.
Brand new cars
Choose from a wide range of the latest models featuring state-of-the-art safety features and tech.
Fixed monthly costly
Manage your budgets and control costs more easily with fixed monthly payments. All our contracts include road tax as standard.
You’re in control
Choose a contract length, initial payment and mileage to suit your needs. You can even include extras like an insured leased vehicle and breakdown cover.
No reselling hassle
No exposure to the unpredictable used vehicle market - simply return the car to us at the end of the lease.
WHY LEASE WITH ARVAL
Fixed costs
Vehicle choice
Contract flexibility
Lower prices
Financial security
OUR ORDER PROCESS
Choose a vehicle
Contact us or give us a call to request a quote.
Receive a call
Discuss your contract requirements with an account manager.
Review your quote
We’ll get back to you with a detailed, personalised quote.
Financial application
We’ll guide you through the process and run a quick credit check.
Order your vehicle
Use our electronic system - no need for paperwork.
Confirmation
We’ll confirm your vehicle and contract, with an estimated delivery date.
Vehicle delivered
Delivery day! Grab those keys and hit the road.
Make your initial payment
We’ll need an initial payment upfront to get you started.
FREQUENTLY ASKED QUESTIONS
Six months before the end of the Personal Leasing agreement, we will contact you to discuss your options, and ensure that you understand how to organise the return of your car. The car will be collected without any additional cost at an agreed mainland UK address (England, Scotland, Wales and Isle of Wight). For any other UK locations, an additional collection fee will be charged.
If the car is returned and the damage has not been repaired Fair Wear & Tear charges will apply.
More details and a guide to returning your car can be found on our Fair Wear & Tear Guidelines.
You are responsible for making rental payments from the point the vehicle is delivered until it is returned.
If the vehicle invoice has been issued for the final payment, the vehicle can be collected and will be treated as a normal termination. No rentals will be credited.
If the vehicle is returned after the contract end date, the rental invoices will revert to billing in arrears at the end of the contract and continue until the vehicle is collected by our authorised supplier. Pro-rata billing will apply for the final month.
We will organise for the collection of the vehicle 3 working days after you tell us it is available and you no longer need it. We won't automatically collect the vehicle on the last day of its contract.
Your initial payment will be taken once we have been notified that you have accepted delivery of the vehicle. This payment will be collected via direct debit on or around 10 working days after. If you are unsure of the amount of your initial payment you can view this on page one of your contract.
You will then be charged monthly on the day you chose on the Direct Debit mandate.
Occasionally there could be a delay with the delivery notification. This will mean, you may find that your first two payments are in close proximity to each other, and in some cases there could be two payments in one month.
This would only occur in the first month and all following payments would be monthly as described above.
When you return your car, you will be charged at a pence per mile for any miles driven that exceeds the agreed total mileage.
Any charges will be billed within 7 days from the date of your car collection.
If a car is returned before the Personal Leasing agreement Term, we may also charge for any excess mileage on the car. This will be calculated on a pro-rata’d basis by looking at the daily mileage allowance multiplied by the total number of days the car has been in service with us.
If the car is returned and the damage has not been repaired Fair Wear & Tear charges will apply.
More details and a guide to returning your car can be found on our Fair Wear & Tear Guidelines.
Personal leasing
Personal Contract Hire (PCH) is a type of long-term car rental. You get to drive a brand new vehicle in exchange for a fixed monthly payment. You choose the contract length and mileage allowance you need.
Business leasing
Business Contract Hire (BCH) gives you and your employees hassle-free access to fixed-cost company vehicles. Run reliable new vehicles without spending large sums of working capital, with VAT incentives to boot
Why Arval ?
Trust in us :
the power of a global partner with over 30 years leasing experience, at your side
Partner with us :
our expert team helps you to get the best match for your needs
Rely on us :
we are here whenever you need us - digitally, or personally.
Just Drive :
the power of a global partner with over 30 years leasing experience, at your