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Frequently Asked Questions
Quite simply, whether a car or van, vehicle leasing is another term for renting. In much the same way as you may rent a property, you treat it like your own and rent it for an agreed period of time at a fixed price per month throughout the rental period, but never actually own it.
Getting your head around the world of leasing couldn’t be simpler – just check out our super-quick online guide
By leasing only new vehicles, all our cars come with a full manufacturer warranty for your safety and peace of mind. But in the case you do break down, call our maintenance line who will be able to assist you further.
In short it’s because we offer value, choice and great service. But if you want to read more about why should lease with us, simply check out this handy guide.
One key element to why you should consider Icon Automotive Group is our terrific buying power. When an opportunity arises where popular makes and model are available, we secure a quantity in order to maintain our promise of offering you the best prices possible; this is reflected in our Price Match Promise!
Still need convincing? Just check out the independent reviews we’ve received over the past 32 years– we really do aim to deliver OUTSTANDING service.
Although we generally refer to it as leasing, you’ll hear the term contract hire too; in short they essentially mean the same – contract hire is normally used for a business lease.
With any leasing arrangement, we work to assist you as best as possible throughout the process by discussing your needs and circumstances with you at an early stage. However we simply income for affordability.
If you lease a VAT registered business vehicle and take out a VAT qualifying contract, you can reclaim the tax back from the HMRC.
If you lease on a personal basis, unfortunately you cannot reclaim VAT.
Our team are on hand to talk you through this when arranging your contract, so if you’re unsure, don’t worry.
Not only does leasing offer great flexibility and peace of mind, you won’t be left with a vehicle facing negative equity when your contract is up. What’s more, due to the financial flexibility, leasing often means you can drive a newer or higher spec car than you would have been able to afford if paying outright..
If you settle the contract early, you will be required to pay a termination fee.
If you exceed your agreed annual mileage allowance, you will be required to pay an excess-mileage fee.
At the end of your contract, you will be required to pay for any damage to the vehicle, with the exception of “fair wear-and-tear”.
To learn more about the benefits of leasing, our guides section has more indepth articles.
No problem – if you are aged 18 or over all we need is a full and valid UK driving licence to get you started, whatever your age.
Yep! We recommend putting it on following delivery of your vehicle. Remember it’ll need to be removed before the end of your lease though. For more information, speak to your account manager.
Yes! The initial payment/deposit you make, is 100% refundable at the end of your term, subject to inspection of the vehicles condition, we will consider and factor in fair wear and tear.
Our maintenance packages use main manufacturer dealerships or national chains who use manufacturer parts only. This is to ensure you get a high level of service and a wide network available to support you through the life of your vehicle.
Check with your account manager to see what else is included in your maintenance package.
Our Fuel & Go leasing service ensures you get all the cover you need for your leased vehicle. The key benefits of the package include:
Check with your account manager to see what else is included in your maintenance package.
Working in Partnership
We work with a number of different companies. We are also a full member of the BVRLA and are in constant discussion with both manufacturers and dealerships to get the best possible deals for our customers.
We also pride ourselves on being industry leaders and are willing to share our expertise with national and regional media to help educate people on all aspects of leasing.
We also pride ourselves on being industry leaders and are willing to share our expertise with national and regional media to help educate people on all aspects of leasing.
