Discover smart personal finance

For more information, please visit https://uk.smart.com/en/service/legal/.

Your personal finance journey starts here

Are you looking to finance your smart #1? Through smart Mobility Financial Services we offer you attractive options, with the choice of Personal Contract Purchase (PCP) or Personal Contract Hire (Lease). If this sounds like something you'd like to explore, then look no further. This is smart.

Your smart mobility options

Personal Contract Purchase (PCP)

How it works

PCP has been designed to be cost effective and flexible allowing you to pay only for the depreciation plus interest on your car during the agreement.

At the end of your agreement, you’ve got flexible options to choose what you want to do with the car.

Simply select your chosen car, then decide how many miles per annum you want to travel in it and for how many years. Mileage can be between 5,000 and 50,000 miles per annum, depending on the agreement duration you need. The maximum mileage on the car at the end of the agreement is 100,000 miles. The duration of the agreement can be any number of months between 24 and 60.

Based on your mileage and duration, we will predict how much the car will be worth at the end of the agreement. This value is called the “Optional Final Payment”. You will then pay monthly payments, based on the difference between the cash price and the optional final payment plus interest. This equates to funding the depreciation on the car. This is why PCP has lower payments than a traditional Personal Loan or Hire Purchase agreement, where you pay for the full cost of the car over the duration.

You can further reduce your monthly payments by adding an advance payment.

Your options

Once you reach the end of your agreement, you have a number of choices, provided that you have taken care of the car and complied with the terms of the agreement;

You can pay the Optional Final Payment and an Option to Purchase Fee (£10). The car is then yours, with nothing more to pay, to keep or to sell privately.

You can return the car to smart Mobility Financial Services with nothing more to pay subject to the condition being in line with the age and mileage. For any excess mileage, you will be charged a pence per mile fee. This will be detailed on the initial quote and agreement you sign. It is important to try and accurately predict your mileage. Condition is judged based on the British Vehicle Rental and Leasing Association’s Fair Wear and Tear guide. You can part-exchange your car for another car with us, with any excess value over and above the Optional Final Payment acting as an advance payment to reduce the next agreement’s monthly payments. This value will also be subject to the mileage and condition.

The value of the car at the end of the agreement is significantly affected by mileage and condition, so it is important to accurately predict your mileage and look after the car, to avoid additional charges.

Personal Contract Hire (Lease)

How it works

You can decide how many miles per annum you want to travel in your car and over how many years. You can set your annual mileage to anything between 5,000 and 50,000 miles, depending on the agreement duration you need. Based on your term and annual mileage, you'll make a fixed monthly payment for the duration of your agreement.

Any advance payment you make will reduce your monthly payments throughout your agreement.

Your options

Once you reach the end of your agreement, you simply hand the car back. Providing that you've looked after the car and kept within your contracted mileage there will be nothing more to pay.

The car needs to be in a condition in line with its age and mileage. It's important to try and accurately predict your mileage. For any excess mileage you'll be charged a pence per mile fee. This fee will be detailed on the initial quote and agreement you sign. Condition is based on the British Vehicle Rental and Leasing Association's Fair Wear and Tear Guide.

PCH is a hire agreement, meaning you’ll never own the car. This means you avoid the hassle of deciding what to do with the car at the end of the agreement as you cannot sell it - simply hand it back once your contract is up.

Ready to drive in no-time

Choose your smart #1

The exciting part – take your pick from the smart #1 Pro+, Premium and BRABUS.

Configure

Once you’ve chosen your preferred line, you’ll need to configure your car and choose the finance offer – selecting the term, annual mileage, additional services and advance payment.

Credit assessment

After selecting the terms, you'll be transferred to the smart Mobility Financial Services website where you'll have the opportunity to further refine your finance offer. To protect you against any excessive financial burdens, you will need to pass a credit check. Once approved, you’re ready to sign your contract.

Found your next car? Take it for a spin!Book a test drive

Want to know more?

Find out all you need to know about smart personal leasing from one of our dedicated smart experts. They'll be glad to answer any question you throw at them.

Contact an expert

All pictures and illustrations are for information purposes only. Because of the production, color differences of the ordered vehicle or equipments are possible. This means that deviations in the presentation, especially of the exterior and interior colors, cannot be ruled out. Optional extras and special equipments, that are displayed in images, are not automatically part of the offer. Delivered vehicles will be right-hand drive, even if left-hand drive is shown.
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All prices/rates include the value added tax (VAT) applicable at the time of delivery, unless otherwise stated. In particular, if you are logged in as a business customer, all prices/rates are always exclusive of VAT. The stated vehicle price is the On The Road price (including Delivery to your chosen Retailer, registration plates and new vehicle first registration fee). All price quotations refer to the prices/rates valid at the time of publication on the website. The details are non-binding, may vary by market and are subject to change without notice. The respective General Terms and Conditions of smart UK Automotive Ltd apply to all orders.
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Commission Disclosure

For the introduction to ALD Automotive Ltd, smart UK Automotive Ltd receives a fixed commission. This commission does not impact on the amounts paid by you under your finance agreement. Where a smart Agent (ie showroom) has been involved in the sale, this commission will be passed on to the smart Agent. If you require more information about this commission then please contact smart UK or your local Agent.

FCA Registrations

smart UK Automotive Ltd acts as a credit broker (not a lender) and introduces customers to ALD Automotive Ltd trading as smart Mobility Financial Services for Personal Contract Purchase and Contract Hire. smart UK Automotive Ltd is authorised and regulated by the Financial Conduct Authority for credit broking. Firm registration number 989008. smart UK Automotive Ltd registered office and postal address is The Pinnacle, Midsummer Boulevard, Milton Keynes, MK9 1BP. Our showrooms operate as independent Agents, intermediating sales on behalf of smart UK Automotive Ltd. Each Agent has their own FCA credit broking permissions. Please contact smart UK or your local smart Agent if you require more information.

ALD Automotive Limited trading as smart Mobility Financial Services, Oakwood Drive, Emersons Green, Bristol, BS16 7LB. ALD Automotive Limited trading as smart Mobility Financial Services, company registration number 00987418, is registered in England and Wales and is authorised and regulated by the Financial Conduct Authority (FRN.308101).

Personal Contract Purchase quotation for your selected vehicle is valid at date of calculation only and is subject to availability and status. Age 18+ only. Guarantee/indemnity may be required. For full T&Cs contact smart Mobility Financial Services, Oakwood Drive, Emersons Green, Bristol, BS16 7LB.

At the end of the contract there are 3 options: (i) Part exchange the vehicle against a new vehicle. (ii) Pay the optional final payment to own the vehicle. (iii) Return the vehicle. Further charges may apply subject to the condition or mileage of the vehicle. For more information on financing options, please click here (https://uk.smart.com/en/leasing-options/personal-lease/).

Personal Contract Hire quotation for your selected vehicle is valid at date of calculation only and is subject to availability and status. Age 18+ only. Guarantee/indemnity may be required. For full T&Cs contact smart Mobility Financial Services, Oakwood Drive, Emersons Green, Bristol, BS16 7LB.

You will not own the car. For more information on financing options, click here (https://uk.smart.com/en/leasing-options/personal-lease/).

Business Contract Hire quotation for your selected vehicle is valid at date of calculation only and is subject to availability and status. Age 18+ only. Guarantee/indemnity may be required. For full T&Cs contact smart Mobility Financial Services, Oakwood Drive, Emersons Green, Bristol, BS16 7LB.

You will not own the car. For more information on financing options, please click here (https://uk.smart.com/en/leasing-options/personal-lease/).
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The data on CO2 emissions, electricity consumption and electric range were determined according to the prescribed measurement procedure and comply with Regulation (EU) 715/2007 as amended. The data do not refer to an individual vehicle and are not part of the offer, but serve solely for comparison purposes between different vehicle types. The values vary depending on the optional equipment selected.
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The ranges determined according to the standard WLTP cycle enable a comparison between manufacturers. They also include the measured range achieved through recuperation (energy recovery during braking). Individual driving style and behaviour, speed, acceleration behaviour, outside temperature, topography and the use of electric vehicles have an influence on the actual range and may reduce or even increase it under certain circumstances. The values were determined according to the prescribed EU measurement procedure. Depending on driving conditions, the value may deviate from the stated value.
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The charging time of the battery may vary depending on various conditions such as different ambient and battery temperatures, available power and other restrictions, as well as the use of the remote control function (e.g. remote controlled air conditioning, preheating of the vehicle, etc.). With a 7.4kW home wallbox you can charge from 10% to 80% SOC (State of Charge) in under 7.5 hours. Where a 22kW on-board charger is fitted, you can charge at this speed from 10% to 80% SOC in under 3 hours under optimal conditions.
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All interfaces of the vehicle and the app shown as well as all associated elements are still under development. In this respect, the content is solely for the purpose of showing the design and style. The actual functions and content are dependent on the products that ultimately appear on the market.
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The real vehicle may differ from the video due to 3D effects.