FAQs

Everything you need to know before you lease a with Vehicle Procurements Ltd

What services do Vehicle Procurements Ltd offer?

VP tailor vehicle leasing towards bodyshops and accident repair centers. Therefore, Business Contract Hire is our favoured solution for its flexibility and simplicity. However, sometimes we can offer alternatives.

Where do you get your vehicles from?

All of our vehicles come directly from trusted UK main dealers and manufacturers. We’ve built solid partnerships to ensure quick delivery, great customer service, and top-tier vehicle quality.

What is vehicle leasing?

Leasing is a long-term rental that typically lasts 2 to 4 years. Essentially, it’s full use of a new vehicle without the hassle of ownership. Also, when your lease ends, you just return the vehicle. No need to worry about depreciation or selling it. You can just choose a new deal.

Do you carry out a credit check?

Yes. Leasing involves a finance agreement, so a credit check is required. We’ll collect your business information via a secure link and submit it to our panel of finance providers. Everything is processed under strict data protection regulations.

What documents do I need to provide?

We’ll usually request proof of ID (driving licence or passport) and proof of address (a recent utility bill), as well as additional documents about your company.

Can I lease with bad credit?

It depends on your circumstances, but we may be able to help. Get in touch and we’ll assess your options.

Can I add accessories like a tow bar?

Yes. Accessories like tow bars or roof racks can be added and included in your monthly rental. Just let us know up front so we can advise on the best options for you.

What are your contract lengths?

Standard terms are 2, 3 or 4 years, although sometimes we may have a special offer or more flexible terms.

Is insurance included?

No. You must insure the vehicle with a fully comprehensive policy.

Do all vehicles come with a warranty?

Yes. All of our vehicles are brand new unless stated and come with the full UK manufacturer’s warranty. Breakdown cover is included for the first year, with extended cover available on request.

Is maintenance included?

Maintenance is optional unless specifically offered. You can add it to your lease for peace of mind.Usually,  it covers servicing, tyres, brakes, and labour.

Is road tax included?

Yes. Road fund licence is included in your monthly payments for the full duration of the lease unless otherwise stated.

What is an initial rental?

Your initial rental is the first payment, usually equivalent to 1, 3, 6, 9 or 12 monthly payments. It’s not a deposit, so it’s non-refundable.

When is my first payment taken?

It depends on the funder but usually around the time of delivery. Sometimes, your first and second payments may be taken in the same month.

How are payments collected?

All rentals are taken via monthly direct debit. Your account manager will confirm the schedule with you.

What’s the benefit of leasing through my business?

Tax efficiency. If you’re VAT-registered, you may reclaim part of the VAT. There can also be corporation tax and accounting advantages.

How long does it take to receive a vehicle?

Stock vehicles can arrive in days; factory orders take longer. Timing depends on vehicle availability, credit approval, and documentation.

How do I start the process?

Submit an enquiry for a quote and our team will guide you through the finance application, and documentation. Once approved, we’ll arrange delivery to your chosen address.

Can I use a private plate?

Yes. Just let us know and we’ll help with the paperwork. There may be a small admin fee from the funder or DVLA.

Can other people drive my lease vehicle?

Yes. Just as long as they have a valid licence and are named on your comprehensive insurance.

Can I take my lease car abroad?

Yes. However, you’ll need a VE103B form (proof of permission) from the funder.

What if I go over my mileage?

Excess mileage is charged per mile. Rates vary but are always outlined in your contract.

What happens if I get a fine?

The funder may receive the fine first, pay it, then invoice you with an admin fee. Always try to update your address details to avoid surprises.

Can I upgrade my vehicle early?

Possibly. Early termination might be available, depending on your agreement, but it may cost.

Can I buy the vehicle at the end of the lease?

Sometimes. It depends on the type of lease. We can check with the funder and advise on buyout options.

What if the vehicle gets damaged?

You’ll be charged for damage beyond the fair wear and tear policy. We’ll guide you through the return standards so there are no surprises.

Where do I service the vehicle?

At any VAT-registered garage, unless your funder specifies a main dealer. We can include servicing in a maintenance package if you prefer.

Do I need to service it before returning?

Yes, if a service is due. If it’s overdue or the service light is on, you may be charged.

What happens at the end of the lease?

Return the vehicle, settle any mileage or damage charges, and you’re free to start again with a new lease. We’ll be in touch toward the end of your agreement to guide you through the next steps.