At AVC, we understand that leasing a vehicle can come with a lot of questions. That’s why we’ve compiled this FAQ section to provide clear, straightforward answers about our leasing options, processes, and benefits.
Leasing allows you to drive a new vehicle for a fixed period while paying affordable monthly rentals. You don’t own the vehicle but can easily upgrade or return it at the end of the term.
Leasing provides flexibility without the long-term financial commitment or depreciation concerns of car ownership. You pay only for the vehicle’s usage over the lease term.
Yes, we offer Personal Contract Hire (PCH) for individuals looking to lease a car for personal use. This is ideal for those who enjoy driving new cars regularly without the hassle of ownership.
Absolutely! Business Contract Hire (BCH) offers predictable monthly payments, VAT benefits, and flexibility for companies of all sizes.
Near the end of your lease, we’ll contact you to discuss your options, such as returning the vehicle, extending the lease, or upgrading to a new model.
PCH agreements cover the use of the vehicle for a set period, road tax, and an option to add maintenance. You’ll only need to pay for insurance and fuel.
Lease terms typically range from 2 to 5 years, depending on your preferences and needs.
Yes, you’ll agree to an annual mileage limit. Exceeding this limit may result in additional charges.
Ending a lease early may involve an early termination fee. Contact us for specific details based on your contract.
Normal wear and tear is expected, but excessive damage may lead to additional charges when returning the vehicle.
BCH is ideal for businesses seeking predictable costs and minimal responsibility, as the vehicle remains off the balance sheet. A finance lease offers more flexibility, appearing on your balance sheet and allowing for full or balloon payment options.
Yes, VAT-registered businesses can reclaim up to 50% of VAT on cars and 100% on commercial vehicles, provided the vehicle is used for business purposes.
Yes, BCH agreements include an annual mileage allowance. Exceeding this may result in additional costs.
Yes, we offer optional maintenance packages that cover servicing, repairs, and more, helping you manage running costs efficiently.
At the end of a finance lease, you can either sell the vehicle to a third party or make a final balloon payment to retain use under a nominal fee.
Short-term leasing is ideal for businesses needing temporary vehicles for new starters, short-term projects, or while waiting for ordered vehicles to arrive.
We offer flexible terms ranging from 28 days to 2 years, depending on your needs.
Yes, short-term leasing is typically more affordable than daily rentals for businesses requiring vehicles for several weeks or months.
Absolutely! We offer a wide range of cars, vans, and even electric and hybrid vehicles for short-term leasing.
Short-term leases include a mileage allowance and fixed monthly payments. Additional charges may apply if the agreed mileage limit is exceeded.
Advanced Vehicle Contracts Limited are authorised and regulated by the Financial Conduct Authority as a credit broker and not a lender, FRN 689939. Therefore, we can introduce you to a panel of funders who may be able to help you finance your vehicle. Data Protection licence number Z5961517. VAT No. 754553025. BVRLA Membership No. (1406) Advanced Vehicle Contracts are registered in England and Wales. Advanced Vehicle Contracts will only broker the introduction of the finance and will not be the lender. The firm works with a panel of finance providers to help you fund your vehicle lease agreement. The finance providers may carry out a credit check on you which could affect your credit score. Advanced vehicle Contracts may receive a payment or other benefit from the finance provider if you enter into an agreement with them. Calls to our 0845 number can cost up to 7p and this is not including you phone companies access charge. These charges can be as low as 8p or as high as 19p per minute depending on your provider.
All Rights Reserved. Advanced Vehicle Contracts Limited Unit 7 Napier House, Corunna Court, Corunna Road, Warwick, CV34 5HQ Company registration number: 04063798