End of Contract
What happens near the end of my contract?
Usually around 6 months before the end of your finance agreement, your account manager will contact you to see what your plans are regarding a replacement vehicle.
This will allow time for a vehicle to be ordered from a factory and arrive to replace your existing vehicle. If you aren't looking to replace your vehicle, you will be contacted again nearer the end of the agreement to arrange collection.
Around one month before the end of the contract, with the help of our administration team, you can choose a date for the vehicle to be collected. This will normally be between 09:30 and 17:30 Monday to Friday and unfortunately it's not possible to request an exact time. However, sometimes we can obtain a reasonable stipulation, for example 'not before 10:00 or after 16:30' but this is not guaranteed.
If you have ordered a replacement vehicle with us, we can help to coincide the collection of your old vehicle with the delivery of your new one.
If you have added a cherished plate to your vehicle, you should start the removal process at least six weeks before the end of the contract, to ensure this is complete before the vehicle is returned. You will be required to pay a charge for the removal of the number plate and the retention or transfer to a new vehicle.
As always, our customer care team will be on hand to offer advise and assistance throughout the process. Contact them by calling 01993 222860 or email email@example.com.
If you’ve exceeded your total contract mileage you will be charged an excess mileage charge by the finance company. The pence per mile rate is detailed in your finance agreement.
Fair Wear & Tear
When your vehicle is returned to the funder, it is expected to be in a reasonable condition. What is deemed 'reasonable' is defined in the British Vehicle Rental and Leasing Association's Fear Wear and Tear Guidelines.
We can provide you with a copy of the guide upon request. The vehicle will be inspected on the spot by the collection agent who will provide you with a collection note before being taken away but the vehicle may be re-inspected when it arrives at the collection centre.
It is therefore suggested that you take video footage or photos of the exterior and interior in case there is a dispute.
It is suggested that, before returning your vehicle, you take footage or photos of the exterior and interior. In the case of a dispute, you will be able to demonstrate the condition in which your vehicle was returned in. The vehicle will be inspected on the spot before being taken away, and you will receive a collection note.
There are also other requirements for the return of a vehicle. This includes:
- The vehicle must have a valid MOT (if applicable).
- The vehicle must be in a safe and roadworthy condition.
- The vehicle must have been serviced in accordance with the manufacturer's service schedule.
- The service book and handbook must be in the vehicle.
- Any equipment or possessions must be removed.
- All keys must be present.
- The vehicle should be in a relatively clean condition, to allow proper assessment.
As always, our customer care team will be on hand to offer advice and assistance throughout the process. Contact them by calling 01993 222860 or email firstname.lastname@example.org