It goes without saying that you will pay more for your lease car when it will cover more miles. Buying or leasing, the more miles you cover, the more the car will depreciate
So how best can you protect yourself
If your high mileage lease car is taken out on a maintenance contract, then your routine services costs and tyres including punctures are covered. If you have a warranty issue, you get the full backing of Carlease UK along with the funder who are providing the maintenance and buy thousands of cars a year from the manufacturer. In other words, you get to keep your cars moving
You will also know the period that you have the car for, 2,3 or 4 years. If your cars are going to cover high mileage, then you want to keep them safe for your staff so we will help you chose an appropriate term. Again, including maintenance, along with your own structure of safety inspecting, will ensure your cars are safe and you adhere to your duty of car
What do we need to know to quote for your high mileage lease car?
Firstly, business contract hire for a high mileage lease is finance based and as such we will want to know about your company. This will take the form of a finance proposal
We will need to know how long you want to keep the car for, how many miles a year you want to cover,what initial rental you want to pay and whether you want to include maintenance in your contract
What about Eco and Hybrid Electric cars ?
In any hybrid or electric cars case, there is always an optimum mileage for it to be worth owning. For example, the Mitsubishi Phev looses much of its advantage as a hybrid electric car if it is used up and down motorways and covering 20,000 miles per annum. At a higher mileage, it spends more time running on its petrol engine than battery or hybrid power, as a result the average fuel consumption reduces.