Frequently Asked Questions
Have questions about car leasing? View our FAQ page to find answers the most common leasing questions, so you can make an informed decision.
To find out more, get in touch, and we’ll guide you through your leasing options.
Leasing questions answered
Car leasing is essentially a long-term rental. You pay a fixed monthly fee to use a vehicle for an agreed period, typically 2–4 years, without owning it outright. At the end of the lease, you return the car.
Yes, fleetlee offers both personal and business lease options. Business leases may provide tax advantages, while personal leases are simple and hassle-free for individuals.
An initial rental (sometimes called an initial payment) is the first payment made at the start of a lease agreement. It contributes towards the overall cost of leasing your vehicle and helps set the structure of your monthly payments.
The initial rental is usually calculated as a multiple of the monthly rental, most commonly 1, 3, 6, 9 or 12 months. This amount is paid upfront, followed by fixed monthly payments for the remainder of the agreement.
Choosing a higher initial rental can reduce your ongoing monthly payments, allowing you to tailor the lease to better suit your budget.
Leases come with a contracted annual mileage. Exceeding this may result in additional charges at the end of the lease. Mileage can often be adjusted at the start to suit your needs.
Yes, free UK mainland delivery is included to your home or workplace. Vehicle collection at the end of your agreement depends on the type of contract you’ve taken. The finance company will arrange collection of the vehicle when the contract ends.
Yes, your credit score can affect your lease application. Finance providers use credit checks to assess affordability and risk, which helps determine whether a lease can be approved and on what terms.
A stronger credit history may give you access to a wider range of vehicles and more competitive pricing. However, if your credit score isn’t perfect, it doesn’t always mean you can’t lease, there may still be options available depending on your circumstances.
If you’re unsure, the fleetlee team is happy to talk through your options and help find a suitable solution.
Yes, we offer a wide selection of cars: petrol, hybrid, and electric. For in stock deals, vehicles are ready for quick delivery. Custom orders can also be arranged for specific models and specifications.
This depends on the type of contract taken but usually, at the end of your agreement, the finance company will arrange collection of the vehicle when the contract ends. You may have the option to extend the contact (dependant upon the funder). We will be in touch ahead of the end of your lease to discuss your options with you.