5. Who pays the road tax?

The first year will normally be included within the price. If you have a maintenance agreement it will be included for the period of the agreement.

6. Who services the car?

Maintenance of the vehicle is your responsibility, unless you have a maintenance agreement. If you have a maintenance agreement make sure that you have the vehicle service at the required intervals other wise you could void the agreement.

7. What is "fair wear and tear"?

The exact definition will vary from finance company to finance company. It normally means reasonable wear and tear consistent with the age and mileage of the vehicle. It will certainly exclude all damage both to the exterior and interior.

8. Can I put a personal number plate on the car?

There will normally not be a problem. Be careful with contract hire and any agreements where the vehicle is registered in the name of the finance company. Make sure that you have their agreement and their confirmation that they will transfer the number back to you at the end of the agreement.

9. What happens if I can no longer afford the payments?

You must inform the finance company and discuss the matter with them.

10. How will my monthly payments be collected?

All finance payments are collected through the direct debit scheme.

11. Why do some prestige models cost less to finance per month than certain more common cars, which cost less to buy initially?

The monthly rentals payable are calculated considering many factors. These include the purchase price, the mileage agreed and the future predicted value of the vehicle (residual value). If the residual value of certain cars is far higher than other in its class, despite the fact that the purchase price maybe higher the monthly rentals may be lower.

12. What happens to a contract hire or personal contract hire agreement in the case of a bereavement?

The car is returned to the leasing company.

13. My circumstances have changed and I need to ammend the agreed mileage part way through a contract. Can I do this?

This should not be a problem. You will need to contact the leasing company concerned to arrange an alternative agreement. This will usually mean altering the monthly payments.