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Costs & Payments

A straightforward breakdown of the money side: how initial rentals are calculated, what's included in your monthly payment, and the costs that sit outside it, like insurance, excess mileage and end-of-contract charges. Know the full picture before you commit

How to Budget for a Car Lease: Real Monthly Costs

Most UK personal lease customers should budget roughly £330 to £850 a month all-in, depending on the car — that's the monthly rental plus the upfront...

Can I Get a No-Deposit Car Lease? | FVL Guide

Yes, you can lease a car without a large upfront payment. A "no deposit" lease means an initial rental equal to a single monthly payment - written as...

Excess Mileage Charges Explained | UK Lease Guide

If you go over the mileage on your lease, you pay a fixed pence-per-mile rate for every extra mile, charged once at the end of the contract rather tha...

Leasing vs Owning: The True Cost, With a Worked Example

On our illustrative three-year example, a £34,000 petrol hatchback works out at roughly £420 a month to lease on a 9+35 contract against £444 a month...

Is Road Tax Included in a Lease? UK Leasing Explained

Yes. On a personal or business contract hire lease, Vehicle Excise Duty (road tax) is included for the whole contract - the funder registers and taxes...

What Is an Initial Rental (and Is It a Deposit)?

No, the upfront payment on a lease is not a deposit and you don't get it back. An initial rental is simply the first, larger rental payment of your ag...

What's Included in Your Monthly Lease Payment?

Your monthly lease payment funds the gap between what the vehicle costs to acquire and its forecast value at the end of the term, plus interest charge...

What Fees Should I Expect When Leasing a Car?

Leasing has a short, predictable list of possible fees: a broker admin or processing fee at order stage, excess mileage and damage charges at the end,...

How Lease Mileage Works and What It Costs

Pick a mileage that matches what you honestly drive: check your last MOT certificates, work out your true annual figure, then add a small buffer. Extr...

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