Vehicle leasing is a long-term rental agreement where you pay a fixed monthly fee to drive a new vehicle for a set period (typically 2–4 years). At the end of the lease term, you simply return the car - no need to worry about resale value or depreciation.

✅ Lower Monthly Payments: Leasing usually costs less per month than a vehicle loan.

✅ Brand-New Vehicles: Drive the latest models with the newest features and technology.

✅ Fixed Costs: Lease deals often include road tax, and optional maintenance packages are available.

✅ No Resale Hassle: Return the car at the end of the lease — no need to sell or trade in.

✅ Flexible Options: Choose contract lengths, mileages, and vehicle types that suit your lifestyle or business.

We offer both Personal and Business lease deals:

Personal Contract Hire (PCH)

✅ For private individuals
✅ Fixed monthly payments
✅ Return the vehicle at the end of the term
✅ No option to buy the vehicle
✅ Road tax usually included
✅ Optional maintenance packages available

📌 Ideal if you want a brand-new car every few years with no hassle over ownership or resale.

Business Contract Hire (BCH)

✅ For sole traders, limited companies & partnerships
✅ VAT-registered businesses can reclaim a portion of VAT
✅ Flexible lease terms and mileage options
✅ Vehicle returned at the end of the lease

📌 Perfect for businesses looking to manage fleet costs or provide company cars.

Personal Contract Purchase (PCP)

✅ Low monthly payments
✅ You have the option to buy the car at the end (by paying a balloon payment), or hand it back.
✅ Suitable if you want flexibility at the end of the contract

📌 For those unsure whether to lease or eventually own the vehicle.

❗NOTE: PCP is a finance product, not a lease, but is often compared due to its structure.

Finance Lease

✅ Common for Businesses
✅ The vehicle doesn’t have to be returned — you can sell it on behalf of the funder or keep using it after the term (with a nominal fee)
✅ Monthly payments + a final balloon payment if applicable

📌 Used for commercial vehicles or when ownership flexibility is needed.

✅ Initial Payment (aka "Deposit"):
This is the upfront payment made at the start of your lease, usually equivalent to 1, 3, 6, or 9 months’ worth of your monthly rental. It helps to lower your monthly payments.

Prefer not to pay anything upfront?
No problem - we also offer no-deposit lease deals, meaning you can start your lease with £0 initial payment. Just keep in mind that this will slightly increase your monthly rental costs.

✅ Contract Term:
This is the length of your lease agreement. Most lease terms run for 24, 36, or 48 months, but we also offer flexible options up to 60 months depending on the vehicle and funder. Longer lease terms can help reduce your monthly payments - ideal if you're planning to keep the vehicle for a while.

✅ Annual Mileage: Choose a mileage allowance that suits your driving habits. Most lease agreements offer flexible options ranging from a minimum of 5,000 miles per year (or 6,000 miles with some funders) all the way up to 30,000 miles per year.
Exceeding your agreed mileage may result in excess mileage charges, so it’s important to estimate as accurately as possible. If you're unsure, our team can help you choose the best option based on your typical driving patterns.

✅ Fair Wear and Tear: When returning your vehicle, it should be in good condition for its age and mileage. Minor marks from everyday use are expected, but damage beyond this may incur charges.

To lease a vehicle, you must:

• Be 18+ years old (some funders may require 21+)
• Hold a valid UK driving licence
• Pass a credit check and affordability assessment

We’ll work with you to find the right solution — even if your credit history isn’t perfect.

❗ Note: GB Car Leasing is a credit broker and not a lender.

As part of the credit application we will need to share your details with one or more of our finance partners.

This information is transferred and held securely in according with the Data Protection Act and the upcoming GDPR.

Before committing to a new vehicle on finance, it’s important to think carefully about what’s comfortably affordable for you.

Take into account your regular monthly expenses - such as household bills, food, fuel, insurance, and maintenance - along with any other financial commitments like rent or mortgage payments.

You should also consider how changes to your personal or employment circumstances might affect your ability to keep up with the monthly payments.

Making an informed and realistic decision helps ensure your lease remains a stress-free and sustainable option.

All payments are made via Direct Debit, in line with regulated anti-money laundering requirements. The bank account used must be in the name of the individual or business applying for the finance agreement.

You have the flexibility to adjust your initial rental (the first payment) to help tailor your monthly payments. For example, choosing to pay a higher amount upfront can reduce your ongoing monthly costs.

If you're planning to use proceeds from selling your current vehicle to fund a larger initial rental, please keep in mind that you won’t own the leased vehicle at the end of the agreement. This means you won’t have a car to sell when the contract ends, which could impact your ability to afford another high initial rental in the future.

Once your initial rental and first monthly payment have been collected, you can contact the finance provider to request a change to your ongoing Direct Debit date, giving you more control over your monthly budgeting.

Can I Purchase the car at the end of the lease?
In most lease agreements, you’re required to return the vehicle at the end of the term - there’s usually no option to buy. However, if you're looking to own the vehicle eventually, you may want to consider alternatives such as a Personal Contract Purchase (PCP) for personal use, or a Finance Lease for business customers.

What if I go over the mileage limit?
Excess mileage charges apply, usually calculated per mile. We’ll advise you upfront.

Is Maintenance included?
No, however our Optional maintenance packages cover servicing, tyres, and MOTs. Check out our 'Maintenance Packages' page.

Can I end the lease early?
Ending your lease early is possible, but it will involve a fee. This is typically calculated as 50% of the remaining monthly payments on your contract.

To find out exactly what this would mean for your lease, get in touch with us for a personalised quote.

GB Car Leasing is a credit broker, not a lender. This means we connect the consumer to the most suitable route to finance while meeting their requirements for a new vehicle and ensuring that the process is hassle free and easy.

We are regulated by the Financial Conduct authority which is the regulatory body for over 56000 financial services firms in the UK.

The FCA ensures that consumers are protected, that the market operates with integrity and it promotes competition to ensure consumers get the best deal. Our registration number is 672334. For more info visit: www.fca.org.uk

The BVRLA is the trade body for companies engaged in the leasing and rental of vehicles. The BVRLA conducts regular quality assurance inspections and all members must adhere to the BVRLA’s code of conduct.

What this means to our customers is that you can be sure that you are in safe hands with GB Car Leasing.

Our membership number is 1469. For more info visit: www.bvrla.co.uk/

At GB Car Leasing Limited, transparency is at the heart of everything we do. This Initial Disclosure Document provides essential information about who we are, the services and products we offer, the fees we charge, and the regulatory protections in place for you.

As required by the Financial Conduct Authority (FCA) — the independent regulator of financial services in the UK — this document outlines:
• Details about GB Car Leasing Limited
• The services we provide and the products we offer
• Our charges and how we are paid
• Who regulates us
• What to do if you have a complaint
• Information about the Financial Services Compensation Scheme (FSCS)

We encourage you to review this document carefully to make informed decisions when working with us. If you have any questions or need further clarification, please don’t hesitate to contact us.

View our 'Initial Disclosure Document'

Around 6 to 8 months before your contract ends, we will contact you to discuss your options. However, you are always welcome to reach out to us at any time.

Collection Process
When the time comes to arrange collection please call us with a preferred date, contact name & number, and a location to arrange the collection from. We typically require 7 days to book in collections but this can extend during peak and holiday periods.

⚠️If you cancel your vehicle collection within 48 hours of the scheduled date, a cancellation fee will apply. This fee is typically £140 plus VAT, though the exact amount may vary depending on the funder.

Please take the time to read through the checklist below in advance of sending your vehicle back: