Please note there has been significant legislation changes to Vehicle Excise Duty (VED) which will affect all vehicles registered 1st April 2017 onwards. What you need to know in five points.Tap here to read more
VED changes and how they affect you
  1. First Year Rates (FYRs) of VED will vary according to the carbon dioxide (CO2) emmisions of all vehicles ranging from £0 for zero-emmision right the way up to £2000 for cars with CO2 over 255g/km.
  2. Subsequent years a flat standard rate (SR) of £140 will apply in all subsequent years, except for zero-emissions cars for which the standard rate (SR) will remain £0.
  3. Cars with a list price above £40,000 will attract a supplement of £310 on the standard rate (SR) after the first 12 months for the next 5 years.
  4. After 5 years the added £310 supplement will no longer be paid, reverting back to the standard rate (SR).
  5. All cars registered before 1st April 2017 will remain in the the current VED system, which will not change.
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Call: 0118 920 5130 MON - FRI: 9AM - 6.30PM SAT: 10AM - 5PM
    

LEASE GAP

Auto Protect

If your vehicle is declared a total loss as a results of an accident, theft, fire or flood, there is a risk that your motor insurance settlement may not completely pay off the outstanding finance owed on the vehicle, leaving you with the balance to pay off for a vehicle you no longer have.

Lease Gap pays the difference between the motor insurer settlement and the outstanding finance on the vehicle (subject to eligibility). In addition to this, we also pay you up to £250 of your motor insurance excess in the event of a 'fault' claim.

It will also uniquely cover the customer for up to three months rental payments to a maximum of £2500 (including VAT) as a contribution towards a replacement vehicle under a new contract hire or lease agreement subject to the provision of a new vehicle contract hire or lease agreement.

Gap Insurance

 

 

ELIGIBLE VEHICLES

  • Vehicles up to £115,000 invoice price.
  • Cars and commerical vehicles up to 3.5 tonnes.
  • Vehicles less than or equal to 6 years old.
  • For vehicles financed on any funding agreement (excludes cash purchases) please note, the following vehicles are excluded: emergency vehicle, taxi, bus or diving school

 

MAJOR EXCLUSIONS

  • Any warranty charges, insurance premiums, road fund license, and dealer fitted extras and accessories.
  • A vehicle written off whilst being driven illegally under the influence of drugs or alcohol.
  • Vehicles NOT insured under a comprehensive UK motor insurance policy throughout the term of cover.
  • If the vehicle is stolen by any person who has access to the keys.
  • If the vehicle has been modified in any way from the manufacturer's specification.

 

DURATION OF COVER

  • For up to 60 months in line with the finance agreement, or
  • Until the vehicle is sold, or
  • Until the finance is terminated whichever is sooner

 

 

Call us on: 0118 920 5130

 

Monday to Friday: 09:00 to 18:30

Saturday: 10:00 to 17:00

 

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Select Car Leasing is a trading style of Select Contracts (UK) Limited and the firm is authorised and regulated by the Financial Conduct Authority FRN 670832. Select Car Leasing are a credit broker not a lender. VAT Registration No 181 8746 74. ICO Registration ZA076253. Company Number 06569098. Select Car Leasing are proud to be a member of the British Vehicle Rental and Leasing Association (BVRLA) No 1846. Registered address: Atlantic House, Imperial Way, Reading, Berkshire, RG2 0TD


Copyright 2016 Select Car Leasing. All Rights Reserved.

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Select Car Leasing is a trading style of Select Contracts (UK) Limited and the firm is authorised and regulated by the Financial Conduct Authority FRN 670832. Select Car Leasing are a credit broker and not a lender. VAT Registration No 181 874674. ICO Registration ZA076253. Company Number 06569098. Select Car Leasing are proud to be a member of the British Vehicle Rental and Leasing Association (BVRLA), No 1846. Registered address: Atlantic House, Imperial Way, Reading, Berkshire, RG2 0TD

© Copyright 2017 Select Contracts UK Limited. All Rights Reserved.

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