What is the Process of Car Leasing?
Where are Select Car Leasing positioned in the process?
As a Leasing Broker we often get many questions from customers about what exactly our role is in the process of getting your new car. As a BVRLA member and established industry leader, our responsibility is to find the best deals using our national network of dealerships and provide the most competitive rates. We help find the car you want, process your application, set up a credit line, source the vehicle and arrange delivery on your behalf. We don’t finance or own the vehicle at any point during the contact, this agreement will be with the finance company that you sign your contract with. Similarly, if you choose a simple Contract Hire agreement we don’t arrange collection of the vehicle; this is another element of the deal that is sorted by the funder.
Likewise, we don't have a forecourt where you can see or drive the car you want. We can, however, help you arrange this so you know exactly what you're getting when you take delivery.
Who funds the car?
As a key partner of four of the largest finance companies in the UK; LEX, Alphabet, Network & Hitachi you will benefit from some of the most competitive rates in the marketplace. The car will likely be funded by either of these four or by finance companies such as Mercedes-Benz and Volkswagen Financial Services. This means rates are always able to remain competitive. The finance company that you sign your lease with will own the car throughout the duration of the contract and will be who you return it to at contract end.
How soon will delivery be?
This is largely dependent on the vehicle you want. We source all our vehicles directly from the manufacturer and by a network of dealers. An in-stock vehicle can usually be delivered within 10-14 working days of placing an order. We also offer Free nationwide delivery and the option to specify a preferred time or place.
Its worth bearing in the mind that unfortunately issues at the Dealership end of the deal can sometimes affect lead times and it’s important to be aware of this; for example, if you have extra factory or dealer fitted options this can sometimes mean an extended waiting period, but rest assured we will keep you updated throughout the process so you know exactly when to expect your vehicle.
Who supplies the cars?
The vehicle will be supplied directly from the manufacturer and sourced via our national network of dealerships.