Car Leasing
Leasing is paying to use a car for a fixed period without owning it.
What is Car Leasing?
Payments depend on residual value. Mileage limits apply. The car is returned at the end. Maintenance, insurance and tyres may be included or excluded depending on the contract. At the end, the car is inspected against fair wear and tear guidelines. Early termination is often expensive, so the term and mileage should fit realistic needs.
How it works
The lessee pays for the expected value loss plus costs.
Why it matters for your car
Damage and excess mileage cost extra. Read return conditions.
Other terms
- Anti-squeal Shims (Brake Pad Shims)
- Coil Spring Compressor
- Coolant Temperature Warning Light
- Cup Holder
- Deceleration Fuel Cut-off (Overrun Fuel Cut)
- Driving In Snow
- E10 Petrol
- Headlight Restoration
- Lead Loading (Body Solder)
- MAP Sensor (Manifold Absolute Pressure)
- Mineral Engine Oil
- OAT Coolant (Organic Acid Technology)
- Oil Sump (Oil Pan)
- Piston
- Reversing Camera
- Right-Hand Drive (RHD)
- Vehicle Winch
- Vehicle-to-grid (V2G, Bidirectional Charging)
- Windscreen De-Icer
- ZDDP (Zinc Anti-Wear Additive)