FAQs about Car Finance and Car Leasing

Before You Buy A Car, Make Sure You Have All Of The Information You Need Regarding Car Finance

When most people shop for their car, they spend more than 95% of their time deciding on what make, model, colour and trim it should be and less than 5% of their time considering and comparing what and how they should finance their car. This is unfortunate because there are many different kinds of car finance products some of which can make a car 60% cheaper (eg; leasing) than if they buy with a personal loan or use dealer finance. At financeAcar.co.uk we help you find and compare the different types of car finance and obtain the best price.

There are many finance alternatives that you should consider and compare before deciding on one because your decision could save you thousands of pounds per year. The options for car finance range from leasing products that have complicated names such as Personal Contract Hire (or Business Contract Hire ) where you take possession of the car for a fixed period and then replace it for a new one through to a Personal Loan where you own the car outright.

The following list of frequently asked questions has been designed to assist you with your decision.

If we haven't answered your question below, please do not hesitate to send it us at help@financeacar.co.uk or by clicking on the Feedback button on the bottom right of this page.

Benefits of Car Leasing and Contract Hire
What are they?

Breakdown Cover
Do leased vehicles come with breakdown and road side assistance cover?

Car Accident
If I have a car lease, what do I do in the event of a car accident?

Car Leasing vs Buying
Which is better?

Cheap Car Finance Deals
How can www.FinanceAcar.co.uk offer such cheap car finance and leasing deals?

Leasing prestige cars
Why is it that the price of leasing 'prestige' cars is sometimes lower than 'standard' cars that are normally cheaper if bought outright?

Comparing Car Finance Quotes
Why is it so important to compare?

Credit Check
Why it is important to have a good credit rating?

Leasing Contract Length
How long are lease contracts?

Finance Deposit
What deposit is payable on car finance and car leasing?

Early Lease Contract Termination
What if I need to end the lease contract earlier than agreed?

End of Lease Contract
What happens to the Vehicle at the end of a lease contract?

Car Insurance
How do I insure my new car, does a car lease contract include insurance?

Vehicle Sourcing
Where are the vehicles sourced from?

Maintenance
What is car 'maintenance' and is this included in a lease contract?

Lease Contract Mileage
Is it possible to reduce or increase the mileage specified in a car lease contract?
What if I exceed the agreed mileage on the lease contract?

Monthly Payments
How do I make my car finance monthly payments?

Vehicle Delivery
How do I receive my vehicle?

Road Tax
Do Car Lease Contracts include Road Tax?

Types of Finance
What are the different Finance Options available for Business Car Finance and Personal Car Finance?

Warranty
Are the leased vehicles supplied with a warranty?