One of the most common questions we hear from first-time leasers is. What am I liable for when leasing a car? Leasing has a greater advantage over buying in this instance. This is because your liability for a lease car is limited. So what am I liable for when leasing a car? Well, let’s take you through your liabilities as the leasee.
When you have a lease car, taking care of it is one of the most important aspects of leasing. After all, the car isn’t actually yours, so you have to keep it in good condition for when it goes back.However, we know that keeping your car in top condition is actually harder than it sounds. Accidents happen, as do small bumps and taps. But, these can damage your car, and there may be an occasion where you dent your lease car. This might be your fault or it might not be, regardless, you have a dent in your car.Should you get it fixed?In this article, we look at whether you should get that dent fixed, how to avoid damage charges on your lease car and the best way to keep your lease car maintained.
OSV Limited is an Appointed Representative of Automotive Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OSV Limited to act as a credit broker, not as a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.
OSV Ltd a Registered Company in England and Wales No: 04533176 and whose registered office is D1 Yeoman Gate, Yeoman Way, Worthing, West Sussex BN13 3QZ.
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Finance is subject to status.