The special offers and car leasing deals that credit brokers like CarLease UK offer will be based on vehicles which are in stock, on allocation or on a factory order basis: Understanding how this affects customers vehicles and the speed in which a new lease car can be delivered and driven away by a customer is explained here below...
· Stock – this essentially means that a vehicle is in the UK at a depot (or dealership) or is at the port of entry (UK) or exit (Europe). Depending on the status, we would expect the car to be delivered within 14-21 days from the point of order subject always to the cooling-off period for regulated customers. Do note that many stock deals are “Pre-Registered” which means they have already been registered weeks/months before delivery. This starts the clock ticking for the warranty and the MOT. The vehicle will have delivery mileage only; a pre-registered does not mean the car has been used before, contrary to popular belief;
· Allocation – this essentially means cars have either been built or will be built in the near future and you will not be able to influence their specification (colour/extras). Many of our deals are based on allocation, which means you can hopefully select the car you require but this will involve a degree of patience as the process takes 4 – 6 weeks; and
· Factory order - this essentially means a car is built to your exact requirements (we often ask you to build on the manufacturer configurator for diligence). The process of building a car can take from 4 weeks to 6 months manufacturer and model dependent.
In short, before ordering your new lease car with a dealer/broker, try to ascertain how the deal has been structured to effectively manage the time and to prevent you being without a vehicle. To learn more about car leasing, check out further articles in our help and advice pages by Clicking Here or also read car leasing news and reviews in our Blog by Clicking Here.
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.
FRN 706617 | BVRLA Membership No. 1471 | Data Protection Reg. ZA088399 | VAT No. 200422089 | Registered in England 09312506
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CarLease (UK) Ltd work alongside the select finance companies:
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