Contract rental for the companyIf you have a local business, you can rent a car from us to use it as your own. Or maybe five cars. Or even 50! This way, your money is not committed to the total cost of a car, it rather works for your business. At the end of your agreement, you have the option of falling into your “secondary recruitment period.” If you are on our finance rental product, the balloon must be fully paid for by yourself. The secondary rental term consists of an annual rent (also known as “Peppercorn” rental) for up to 5 years. The vehicle can be sold at any time during the 5-year secondary rental period, which in turn must be sold to third parties. The short answer to this question is, “It depends.” If you drive miles a year and want to keep your vehicles for more than three years, leasing is not very advantageous for you. However, if you are looking forward to having a new car, truck or SUV every two or three years and you are not interested in the process of entering/selling your current vehicle, you could be a leading candidate for a car rental contract. Basically, the difference between car leasing or buying is really on your financial, automotive and personal priorities. You also have the option to extend in the short term, provided the ball has not charged.
If you would like to explore this option, please contact the team on FinanceLease@vwfs.co.uk. If you would like to be considered for this option, please contact us no later than one month before the expiry date of your agreement, so that we can submit offers and submit your application in a timely manner. Once you have selected your Volkswagen and you have chosen your first rental, you must make three decisions that affect the monthly rental payments: Your rent payment periodSelect a period between 12 and 48 months miles per year. Our collection officers will try to contact you 6-8 weeks before the end of your agreement to agree on a time for inspection and pickup of your vehicle. A rental agreement does not have the option of owning the vehicle. However, after the end of the contract, our agents at British Car Auctions can offer the vehicle for sale. For more information, you can contact the BCA Driver Sales Team on 01625 417991 or visit www.purchasemyvehicle.co.uk. When your agreement expires, your vehicle will be subject to a contractual check by our collection agents. If you have any other questions about our current promotions, car rental offers or related topics, then contact us today. Our team of leasing specialists is waiting to answer all your questions. Simply renting a new Volkswagen is easier than you think. Without having to leave the sofa, you can browse the assortment, get an offer, enter into a rental agreement and arrange a quick delivery to your dealer.
Click below to learn more If you need to extend your contract for a longer period, we offer a formal extension of 6 or 12 months for a revised monthly rent. For more information, please contact us. Typically, vehicle rentals are the rental of a car, truck, SUV, minivan, sports car or electric car for a specified period of time. Car dealerships offer vehicle leasing as an alternative option for car purchases or traditional financing. It is widely used by companies for the purchase of business vehicles.