FREQUENTLY ASKED QUESTIONS

How does car leasing work?

Car leasing is very big in America, you basically rent the car for a period of time, usually 24, 26 and 48 months. In the UK this can be called a lease, and operating lease or contract hire.

Here at Short Term Leasing Ltd, we offer vehicles on Short Term Fixed Contracts usually between 6-18 months and Short Term Flexible Conracts, from just 28 days with the best prices from just 90 days.

The price of a vehicle lease depends on a number of factors, the model of the car you wish to lease, the amount of miles you will be doing and how long you need the vehicle for. The car lease is worked out at how much our suppliers purchase the vehicles for and how much they can sell it (either to the manufacturers, traders, etc) at the end of the contract. You generally pay the difference in between.

Short Term vehicle leasing is similar to long term leasing but of course the contracts are much shorter. With short term, you can take a vehicle just month by month or commit to say a 6 month contract. With a choice of lots of models, we try and show the full selection on our websites, although our short term fleet does change daily.

Should you have any further questions about Short Term, please give the team a call on

Equalease Short Term Cars Ltd t/a Cocoon Vehicles Ltd are authorised and regulated by the Financial Conduct Authority (711074). We act as a credit broker, not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk

 

For complaints information when a transaction is completed online, please access the Online Dispute Resolution platform at http://ec.europa.eu/consumers/odr