Contract Hire.

Contract Hire

 

 

 

You have already:

• Selected your smart. 

• Paid the advance rental and decided upon the length of your agreement. 

• Agreed monthly rentals and your annual contractual mileage.

Your Road Fund Licence.

You have chosen to include Road Fund Licence over the full term of your agreement, therefore we will purchase and renew the road fund licence for the specified vehicle for each year or part thereof that your agreement runs for.

In the event that the road fund licence cost increases or decreases when due for renewal you will be responsible for the increased amount. Where there is an increase or decrease in the amount payable from when the vehicle was first registered, we reserve the right to increase or decrease the amount payable accordingly. We shall revise the direct debit payments that you make to reflect such changes. Any such increase or decrease shall be applied to your agreement from the date such change comes into force and effect (i.e. not necessarily the date of your vehicle’s road fund licence renewal). Your rental shall be adjusted by the total increase or decrease in road fund licence required to be renewed over the remaining unexpired period.

 

 

Six months before your agreement ends:

 

You will recieve your Maturity Pack explaining your available options along with a Return Advice Sheet. This will be a checklist of what you need to do before the end of your agreement. We'll then call you to arrange collection of the vehicle and carry out an inspection to make sure it meets our Vehicle Return Standards

 

For advice on how to look after your car, please refer to our Vehicle Return Standards. Unnecessary damage charges can be avoided if you carry out a thorough inspection, well in advance of returning your vehicle.

 

 

For now

Keep making your monthly payments until your agreement ends. We’ll write to you near the end of your agreement to arrange collection of your car.

For advice on how to look after your car, please refer to our Vehicle Return Standards. Unnecessary damage charges can be avoided if you carry out a thorough inspection, well in advance of returning your vehicle.


Download the finance welcome brochure.


Download the Maturity brochure.