Choosing the right lease term and mileage
The length of your contract and your mileage will change how much you pay each month, so it’s worth considering what’s right for you before you sign.
By taking on a salary sacrifice agreement, you’re committing to keeping the car for a number of years. So make sure you’re planning to be working at your current employer for however long you decide to commit for.
A good way to decide on your mileage is to work from what you actually drive now. If you're not sure, look at the mileage on your last two MOT certificates and choose somewhere in the middle. If your circumstances are changing within the next few years, you should also consider whether you’re going to be driving more or less than in previous years. The excess mileage charge for going over depends on your employer’s terms and the car you choose. It’ll be clear in your Hire Agreement, so you can do the maths on exactly what it would cost before you sign anything.
It can be tempting to get a quote based on lower mileage to bring your monthly payments down, but set your mileage limit too low and while your monthly payments will be cheaper, you'll pay for any miles you go over at the end. On the flip side, set your mileage too high and you're essentially paying for miles you won’t drive.
What contracts will I receive?
Driver Handbook - this is signed by just you, and outlines the terms and conditions of your lease and your responsibilities for looking after the car.
Driver Agreement - this is signed by both you and your employer, and is the contract detailing the terms of your agreement.
What happens when my employer countersigns my documents?
Your employer, or HR rep, will need to countersign your Driver Agreement before we can order your electric car. This is so they can double check they’re happy with the details we’ve got, before we go ahead.
If there are any challenges with signing the document, we’ll work with both you and your employer to figure out a way forward.
Can I change my contract during my lease?
If your circumstances change during your lease, you may be able to amend your contract. For full details, log in to MyAccount and go to the Contract Amendments page.
What happens if my circumstances change during my contract?
If your circumstances change, please let us know as soon as possible. Many of our salary sacrifice agreements include early termination cover, which may mean you can return your car without a fee under specific circumstances. The terms differ by employer, so check with whoever runs your scheme for the details.
To start the early termination process, you’ll need to submit an official early termination request Form, which acts as you giving ‘notice’. You need to give 30 days’ notice. For full details, log in to MyAccount and go to the Contract Amendments page. Your billing will continue until we collect the car, or 30 days after notice is given - whichever is later.
You’ll usually need to have had your car for 3 or 6 months to be able to hand it back without paying an early termination fee, depending on your employer’s early termination cover. And it’s your employer’s decision on how to handle early terminations. So if you need to return your car, check with whoever runs your scheme for your specific details.
Here’s what our early termination cover typically includes:
Resignation
Redundancy, including voluntary redundancy
Dismissal
Extended parental leave
Unpaid long-term sickness leave
Death in service
Loss of driving licence on medical grounds for six months or more
If you return a car for a reason not covered, like a change of heart, the fee is typically 50% of the remaining finance rental amount. But again check with your employer for your organisation’s details.
To help you avoid early termination fees, we may be able to help you transfer your lease to someone else within your organisation. Your employer would need to approve this, and of course there would need to be an eligible driver who’s happy to take over the rest of your lease.
What happens if my circumstances change before my car is delivered?
If we haven’t delivered your car yet, and your situation changes, please get in touch with us as soon as possible.
We may be able to cancel your order, although you may need to pay cancellation fees. This depends on how close you are to your delivery date and the policies of the dealership supplying your car, as these can vary between providers.
