Frequently Asked Leasing & Contract Hire Questions

See our FAQs below:
Leasing is often the cheapest option, due to high vehicle discounts and good value finance. Our team work hard in the back ground trying to find the best deals available at any one time. But remember we can offer purchase options too.
What happens at the end of your lease is dependent on which type of lease you take out, but all of this will be discussed with you before, during and near the end of your agreement. Speak to one of our team about your specific requirements and we will help you in finding the most suitable funding option for you.
When it comes to leasing a Van. We will run through the various options with you. Some methods of funding offer you a more flexible option when it comes to mileage. Speak to the team and we will help you understand each option and recommend the best one for you based on the info you give us.
This is all down to residual values, or in others words how much the Van will be worth at the end of the agreement. When it comes to leasing a commercial vehicle there are a few options you can choose regarding what happens when you get to the end. Speak to the team to get the right deal for you.
The length of the agreement can be between two and five years. With different rental amounts reflecting the longer or shorter terms. Most people go for around a 3 year contract.
All our deals include free nationwide delivery.
The amount paid at the beginning of the agreement is called the initial rental and it's usually based on a multiple of the monthly rental. For example: a 3 year agreement at £300 per month with a 3 month initial rental would be referred to as a 3, 35 agreement. The rentals would be 1 x £900 then 35 x £300. Speak to one of our team for a personalised quote and a chat about your different options.
You can choose to take an optional maintenance contract with any of our offers. This would cover all servicing, tyres and other maintenance requirements you have during the agreement. It often works out the best value but it is completely optional. For more info click here (link to maintenance page)
Minor dents and scratches won't be a problem - see our Fair Wear and tear page. But bigger incidents can be taken care of through your insurance just like any other way of purchasing a Van.
Yep. Send us the info we need and some good quality pictures and as long as the vehicle is within the age and mileage parameters we set then there shouldn't be a problem.
Leasing is very straight forward and much like renting a vehicle for a long period of time. However there are options which can suit most requirements. It's best to speak to a member of our team and tell us what you're hoping to get out of your lease vehicle.
What happens at the end of your lease is dependent on which type of lease you take out, but all of this will be discussed with you before, during and near the end of your agreement. Use the following links to learn more about Van Finance, Pick-up Finance, or Car Finance.
There are some similarities but fundamentally, no, it's different. Speak to us to find out more.
Each agreement would be set up with your anticipated mileage in mind, giving you a deal which is right for you but is also great value. Most funders will also give you the option to increase your mileage after the agreement has started- so, if your situation changes, this can be accommodated.
This is all down to residual values. The advantage of contract hire is that you don't take any risk on residual value. However, the higher the mileage on a vehicle the lower the residual value will be. This is why the monthly rental would be higher, as it simply allows for a higher level of depreciation. But, once an agreement is set up the rental will not change. So, if the vehicle suffers higher depreciation than expected, you as a customer will not lose out.
The length of the contract depends on your requirements, with a minimum of two years up to a maximum of five years.
This is usually between three and nine times your first monthly rental and is referred to as an initial rental. For example: a 3 year agreement at £200 per month with a 3 month initial rental would be referred to as a 3 35 agreement. The payments would be 1 x £600 then 35 x £200. It's a great idea to speak to a member of our team as they will create a bespoke quote to match your individual needs.
The Road Fund Licence is included for the duration of the contract with Contract Hire and Contract Purchase agreements.
Yes, free of charge. Direct to you.
There is the option to include maintenance in your monthly payments if you wish. Why not take a look at our maintenance page or give the team a call.
Yes, all the vehicles are sourced and supplied through UK main dealers.
We have a Fair Wear and Tear page which explains all of this for you, just use this link to find out more.
Most of the time, yes, this is possible. We look at your vehicle and may make an offer based on the market, vehicle make, model, and its current condition.
We make sure the agreement you take is right for you and your anticipated mileage is accounted for. Therefore you shouldn't worry about mileage restrictions. However we do understand that situations change and you may find yourself doing more or less miles. Most agreements allow for mileage amendments and we can help you with this should you need us.
We can offer both. Most of our customers choose to lease because of the advantages leasing offers. But we can do all sorts or finding options. Speak to the team to find out more or click on these links. Link to finance guides.
The short answer is normally yes. But because everyone's needs can be slightly different we would never say one way is always better than another. However leasing is our speciality and we find that for many people, leasing is the best choice for their next vehicle.
Yep. We will always be in regular contact. The end of contract options are not too complicated but do vary depending on which type of lease you take out, but all of this will be discussed with you before, during and near the end of your agreement. We will send you various reminders throughout your agreement so you should never be surprised.
All our contract are based on your needs but run for a minimum of two years t oa maximum of 5 years.
Nationwide delivery is included on all our deals.
The odd scratch or dent isn't a big problem as this is allowed for under the fair wear and tear allowances.
It's simply the amount you pay at the beginning of the agreement and is usually based on your monthly rental. Most of our customers choose a 3 month initial rental but you can do more if you prefer. For example if you're paying £300 per month and choose a 3 months initial rental. This initial rental will be £900. Speak to a member of the team for more info and a quote which suits your needs
Yep no problem. We offer maintenance contracts for all our deals.
Helping people with this kind of question is what we do best. We find the best funding options for you by running through a few quick questions simply pick up the phone or use our Contact Us page to get in touch.
Ideally we would like to speak to you to make sure we get all the info we need to answer this question. However in short if you're an established business with a good credit history then we should be ok. But give us a call to discuss your individual situation.
Yes of course, we have customers who have between one and fifty vehicles with us. We can also help with your Fleet Management needs.
Our specialist staff will be able to guide you through every stage of the process.
Yes, by the Financial Conduct Authority (FCA) and the British Vehicle Rental and Leasing Authority (BVRLA).
Yes definitely - this is what we do best. Simply pick up the phone or use our Contact Us page to get in touch. You will find us friendly and knowledgeable and happy to help.
Each scenario is different, and we can't predict the market. But for this very reason leasing can be advantageous. It is often the best value way of obtaining a brand-new vehicle and gives you the benefits that come with a new vehicle over an old vehicle; such as - less maintenance, fewer MOTs if any at all, safer, cheaper to run - to name a few.
Yes, of course; please call a member of our friendly team for advice and a quotation.
With Contract Hire and Personal Contract Hire the road tax for the full agreement duration is included in your rental payments for you.
It is possible to gain ownership at the end of certain agreements, please call our sales team for more information.
You will need to be over 18, a UK resident for the previous 5 years and you must have a good credit rating. To find out more please do contact our friendly team of Sales Staff.
One of our funders does offer an agreement which includes insurance. It's called Arval Total Care, click here to find out more - Arval Total Care. However, most people decide to organise their insurance independently.
Yes, this works well as it means you will always be in a reasonably new vehicle. We get in touch near the end of your agreement to discuss your replacement.
Yes we are. We deal with all manufacturers and have no allegiance to any of them. We suggest the best vehicle and funding to suit your individual needs - that's our main goal at MW Vehicle Contracts.
Yes, we have specialist staff in all of these areas.
We are members of the Financial Conduct Authority (FCA) and the British Vehicle Rental and Leasing Authority (BVRLA).
Yes, everything is kept safe and secure. We only keep details in relation to the agreement or enquiry. Any other unrequired details are deleted. Speak to the team if you have any concerns or take a look at our Privacy Page.
Leasing is often the cheapest option, due to high vehicle discounts and good value finance. Our team work hard in the back ground trying to find the best deals available at any one time. But remember we can offer purchase options too.
What happens at the end of your lease is dependent on which type of lease you take out, but all of this will be discussed with you before, during and near the end of your agreement. Speak to one of our team about your specific requirements and we will help you in finding the most suitable funding option for you.
When it comes to leasing a Van. We will run through the various options with you. Some methods of funding offer you a more flexible option when it comes to mileage. Speak to the team and we will help you understand each option and recommend the best one for you based on the info you give us.
This is all down to residual values, or in others words how much the Van will be worth at the end of the agreement. When it comes to leasing a commercial vehicle there are a few options you can choose regarding what happens when you get to the end. Speak to the team to get the right deal for you.
The length of the agreement can be between two and five years. With different rental amounts reflecting the longer or shorter terms. Most people go for around a 3 year contract.
All our deals include free nationwide delivery.
The amount paid at the beginning of the agreement is called the initial rental and it's usually based on a multiple of the monthly rental. For example: a 3 year agreement at £300 per month with a 3 month initial rental would be referred to as a 3, 35 agreement. The rentals would be 1 x £900 then 35 x £300. Speak to one of our team for a personalised quote and a chat about your different options.
You can choose to take an optional maintenance contract with any of our offers. This would cover all servicing, tyres and other maintenance requirements you have during the agreement. It often works out the best value but it is completely optional. For more info click here (link to maintenance page)
Minor dents and scratches won't be a problem - see our Fair Wear and tear page. But bigger incidents can be taken care of through your insurance just like any other way of purchasing a Van.
Yep. Send us the info we need and some good quality pictures and as long as the vehicle is within the age and mileage parameters we set then there shouldn't be a problem.
Leasing is very straight forward and much like renting a vehicle for a long period of time. However there are options which can suit most requirements. It's best to speak to a member of our team and tell us what you're hoping to get out of your lease vehicle.
What happens at the end of your lease is dependent on which type of lease you take out, but all of this will be discussed with you before, during and near the end of your agreement. Use the following links to learn more about Van Finance, Pick-up Finance, or Car Finance.
There are some similarities but fundamentally, no, it's different. Speak to us to find out more.
Each agreement would be set up with your anticipated mileage in mind, giving you a deal which is right for you but is also great value. Most funders will also give you the option to increase your mileage after the agreement has started- so, if your situation changes, this can be accommodated.
This is all down to residual values. The advantage of contract hire is that you don't take any risk on residual value. However, the higher the mileage on a vehicle the lower the residual value will be. This is why the monthly rental would be higher, as it simply allows for a higher level of depreciation. But, once an agreement is set up the rental will not change. So, if the vehicle suffers higher depreciation than expected, you as a customer will not lose out.
The length of the contract depends on your requirements, with a minimum of two years up to a maximum of five years.
This is usually between three and nine times your first monthly rental and is referred to as an initial rental. For example: a 3 year agreement at £200 per month with a 3 month initial rental would be referred to as a 3 35 agreement. The payments would be 1 x £600 then 35 x £200. It's a great idea to speak to a member of our team as they will create a bespoke quote to match your individual needs.
The Road Fund Licence is included for the duration of the contract with Contract Hire and Contract Purchase agreements.
Yes, free of charge. Direct to you.
There is the option to include maintenance in your monthly payments if you wish. Why not take a look at our maintenance page or give the team a call.
Yes, all the vehicles are sourced and supplied through UK main dealers.
We have a Fair Wear and Tear page which explains all of this for you, just use this link to find out more.
Most of the time, yes, this is possible. We look at your vehicle and may make an offer based on the market, vehicle make, model, and its current condition.
We make sure the agreement you take is right for you and your anticipated mileage is accounted for. Therefore you shouldn't worry about mileage restrictions. However we do understand that situations change and you may find yourself doing more or less miles. Most agreements allow for mileage amendments and we can help you with this should you need us.
We can offer both. Most of our customers choose to lease because of the advantages leasing offers. But we can do all sorts or finding options. Speak to the team to find out more or click on these links. Link to finance guides.
The short answer is normally yes. But because everyone's needs can be slightly different we would never say one way is always better than another. However leasing is our speciality and we find that for many people, leasing is the best choice for their next vehicle.
Yep. We will always be in regular contact. The end of contract options are not too complicated but do vary depending on which type of lease you take out, but all of this will be discussed with you before, during and near the end of your agreement. We will send you various reminders throughout your agreement so you should never be surprised.
All our contract are based on your needs but run for a minimum of two years t oa maximum of 5 years.
Nationwide delivery is included on all our deals.
The odd scratch or dent isn't a big problem as this is allowed for under the fair wear and tear allowances.
It's simply the amount you pay at the beginning of the agreement and is usually based on your monthly rental. Most of our customers choose a 3 month initial rental but you can do more if you prefer. For example if you're paying £300 per month and choose a 3 months initial rental. This initial rental will be £900. Speak to a member of the team for more info and a quote which suits your needs
Yep no problem. We offer maintenance contracts for all our deals.
Helping people with this kind of question is what we do best. We find the best funding options for you by running through a few quick questions simply pick up the phone or use our Contact Us page to get in touch.
Ideally we would like to speak to you to make sure we get all the info we need to answer this question. However in short if you're an established business with a good credit history then we should be ok. But give us a call to discuss your individual situation.
Yes of course, we have customers who have between one and fifty vehicles with us. We can also help with your Fleet Management needs.
Our specialist staff will be able to guide you through every stage of the process.
Yes, by the Financial Conduct Authority (FCA) and the British Vehicle Rental and Leasing Authority (BVRLA).
Yes definitely - this is what we do best. Simply pick up the phone or use our Contact Us page to get in touch. You will find us friendly and knowledgeable and happy to help.
Each scenario is different, and we can't predict the market. But for this very reason leasing can be advantageous. It is often the best value way of obtaining a brand-new vehicle and gives you the benefits that come with a new vehicle over an old vehicle; such as - less maintenance, fewer MOTs if any at all, safer, cheaper to run - to name a few.
Yes, of course; please call a member of our friendly team for advice and a quotation.
With Contract Hire and Personal Contract Hire the road tax for the full agreement duration is included in your rental payments for you.
It is possible to gain ownership at the end of certain agreements, please call our sales team for more information.
You will need to be over 18, a UK resident for the previous 5 years and you must have a good credit rating. To find out more please do contact our friendly team of Sales Staff.
One of our funders does offer an agreement which includes insurance. It's called Arval Total Care, click here to find out more - Arval Total Care. However, most people decide to organise their insurance independently.
Yes, this works well as it means you will always be in a reasonably new vehicle. We get in touch near the end of your agreement to discuss your replacement.
Yes we are. We deal with all manufacturers and have no allegiance to any of them. We suggest the best vehicle and funding to suit your individual needs - that's our main goal at MW Vehicle Contracts.
Yes, we have specialist staff in all of these areas.
We are members of the Financial Conduct Authority (FCA) and the British Vehicle Rental and Leasing Authority (BVRLA).
Yes, everything is kept safe and secure. We only keep details in relation to the agreement or enquiry. Any other unrequired details are deleted. Speak to the team if you have any concerns or take a look at our Privacy Page.