When you lease a car or van you will be asked if you want to take out a maintenance agreement as part of your contract. This guide gives you the detail on what a maintenance agreement is, why people might choose to take one, what’s included and excluded, as well as the potential costs involved.
A maintenance package is an optional additional monthly cost that covers you for servicing, replacement tyres and all costs associated with mechanical and electrical repairs, including bulbs, batteries, exhausts and more. Maintenance packages are available to both business and personal leasing customers on all cars and vans.
There are a number of reasons why people may choose to take out a maintenance package, or maintenance agreement, along with their leasing contract. Some of the potential benefits are outlined below.
A maintenance agreement is provided by the finance company that supplies the finance for your car. Every finance company has its own maintenance agreement so what’s included or excluded may differ slightly, although the vast majority of inclusions and exclusions will be the same. The points of difference are usually around whether replacement tyres are included or not.
You will receive a full detailed breakdown of what’s included and excluded in your agreement before deciding to go ahead with the plan. It’s important to note that a maintenance does not include the cost of any damage repairs.
When you take out your leasing and maintenance contract, you’ll receive a maintenance contact number from the finance company. Just call this number and you can book the vehicle into a local approved garage. Most maintenance packages also come with free vehicle collection and delivery and if you’ve included a courtesy car option, this can be delivered to you when your vehicle is taken away for repair – simple!
Maintenance package costs vary and are dependent on the vehicle you choose, the type of contract you take and your expected annual mileage. The more miles you do, the more the wear and tear which will result in a higher maintenance cost.
Once you’ve found the vehicle you’re interested in, give us a call and we can provide you with a quote including and excluding maintenance so you can easily compare. Alternatively, you can add this option online to view the price change.
We tend to find that motorists who do a high annual mileage, say 20,000 miles or more, would benefit from a maintenance package. This is because parts tend to burn out more quickly the more mileage you do. We also find that a maintenance agreement is very popular for business leasing customers who don’t want to pay out for unexpected repairs, or have their vehicle off the road for any longer than absolutely necessary.
