While the team at CarLease UK do hope that every customer enjoys a smooth and efficient transaction with their new car leasing deal, unfortunately we can only manage certain risks. Therefore, if you are currently going through the process of looking for a new car, you do need to consider the information below and ensure you take every step necessary to manage any foreseeable risks that could arise during the course of the agreement.
Guaranteed Asset Protection Insurance (“GAP Insurance”) is a product which CarLease UK cannot offer you directly. CarLease UK are a passive introducer for Premia Solutions Limited t/a Look After My Car https://www.lookaftermycar.co.uk/Account/Account/Login?ReturnUrl=%2F
GAP Insurance is designed to cover a motorist's financial shortfall in the event their vehicle is declared a total loss. There are several GAP schemes and products which are available to the customer including:
Finance guaranteed asset protection provides the protection between the value of a car on the day it was stolen or written off and the outstanding finance on the vehicle.
In the event of a vehicle being declared a total loss, this product will help the customer bridge the difference between the motor insurer pay-out and the original invoice price of the vehicle.
From 1 September 2015 the Financial Conduct Authority (FCA) introduced new rules for firm distributing GAP insurance in connection with the sale of a motor vehicle (add-on GAP). This means that firms must:
For you, the customer, this means added protection to protect against point-of-sale advantage products. At CarLease UK we endeavour to treat all customers fairly and, as part of this, we have supplied key information below to help you in your decision on GAP Insurance:
If you require any further information in relation to the above, please let us know.
CarLease UK do not offer car insurance in conjunction with any of our offers. However, it is a mandatory obligation to insure your vehicle and this is your responsibility to so. CarLease UK have discovered that there is not one particular insurance company that offers a better deal; it is very much a process of using insurance comparison websites to assist you. Please do ensure you arrange your car lease insurance before committing to your next deal.
Should you require any further information about Gap Insurance, please do speak with the team at CarLease UK today.
Contact us by calling 01942 608 606 or by emailing firstname.lastname@example.org
CarLease (UK) Ltd t/a CarLease UK, e-car lease and VanLease UK is Authorised and Regulated by the Financial
Conduct Authority – our Firm Reference Number (FRN) is 706617.
Carlease (UK) Ltd t/a CarLease UK, e-car lease, VanLease UK and School Minibus Leasing UK is a credit broker and not a lender and will introduce you to a limited number of finance providers which have been carefully selected by us - please note that we do not provide independent financial advice. The finance providers that we use may make payment to us if you elect to enter into an agreement with them. The amount we receive will affect what you pay for your vehicle. The commission received may or may not be capped in accordance with that finance company’s policy. We may also receive an extra amount based on how much business we provide to that finance company, the types of products you take from the finance company and the quality of our service. For Regulated Customers you can ask us about the payments we receive from the finance company so long as this is in good time before the agreement is made. Failure to maintain rentals may result in the vehicle being withdrawn (this may affect your credit).
All images on this website are for illustrative purposes only and may not reflect the actual vehicle which is delivered to you. All prices shown are subject to change at any time and are subject to credit status and vehicle availability.
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Our Registered Office - Kings Business Centre, Warrington Road, Leigh, Greater Manchester, WN7 3XG
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CarLease (UK) Ltd work alongside the select finance companies:
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