Your most frequently asked questions, about leasing a prestige car.
Prestige Car Leasing: Our Guide
Prestige Car Leasing is a phrase defined by us. We wanted to describe how both business & personal users could lease a premium brand car, from a superior range of prestigious manufacturers – without all the downsides involved with car ownership.
No, sorry, we can’t help.
After all, we could hardly be recognised as the experts for Prestige Car Leasing if we leased anything & everything – that’s not how we roll.
Yes, the advertised pricing on our website is for the lease of a new, prestige car (unless detailed explicitly within your written quotation or otherwise).
The vehicles supplied are sourced from a pre-selected range of UK-based Porsche, Mercedes-Benz, Land Rover, Jaguar, BMW, Audi retailers.
Please call the office or if you prefer to use the Contact Us page (via telephone symbol) to submit an email enquiry.
If you have the details, feel free to send those over but be sure to mention which Prestige Car Lease is required & along with any specific requirements – we’ll get back to you just as soon as we can.
Using know-how & expertise, we make Prestige Car Leasing deals happen!
We have the skill to look at a wide range of initial payments, annual mileages & contract terms to help the numbers fit a budget. Sometimes considering an agreement at 3.5 or even 4.5 years can make all the difference, it’s what we do best.
Yes, you can.
Annual mileages can be fine-tuned to suit just about everyone.
If you go with Prestige Car Leasing Solution, all Business & Personal users have a flexible choice of 3, 6, 9 or even 12 rentals in advance as the upfront payment.
Making a higher upfront payment provides a reduced monthly rental but increasing the initial amount will not reduce the total balance payable over the lease period.
Our shortest lease currently available is for 24 months, the longest at 60 months & we also offer a range of flexible terms in between these timescales.
Generally, a period of 36 or 48 months is popular with Business & Personal clients choosing to lease a Prestige car that is excellent value for money.
It’s worth saying, typically more extended lease periods equate to a lower monthly rental, but there are exceptions to this format so don’t worry, we’ll help you find the best deal.
Depending on which make & model of Prestige Car Lease you choose but at the very earliest, 14-working days for a vehicle described as “in stock”.
The information on our website will often include an essential estimation of delivery & of course vehicles to a bespoke or specialist specification may take much longer.
A written quotation from us will always comment on a more detailed & ‘up-to-the-minute’ estimation of delivery. Our administration team also provide timely delivery updates to assist with planning once the order is confirmed.
In all instances (unless stated otherwise within your written quotation or order) a new vehicle will be delivered free of charge, to a pre-agreed (mainland UK only) destination dictated by Morgan Highfield & Land.
Deliveries take place within weekday, working hours & driven to their destination. A trailered delivery service is available by request, at an additional cost payable by you.
No, we do not take vehicles in part-exchange.
Business User Leasing
Yes, we offer a Business Contract Hire solution for sole traders, partnerships & companies wanting to lease a new prestige car.
In simple terms, a business can lease as many prestige cars as it can afford to pay.
It’s not quite that straight forward, a lender will need to make sure a business can fully demonstrate the ability pay, but we’ll talk you through the process without obligation, so please get in touch.
Please call our office if you’re thinking about starting your own business (or have just started trading) & looking for more information about Car Leasing – it’s a complex area where an answer can’t easily be given in this section.
Yes, if the Business understands the risks we can extend our services to include a Business Finance Lease, please contact us directly to discuss this complex area further.
Although it’s usually possible to help most customers, not all Businesses meet the criteria needed to be considered for Car Leasing of a Prestige Car & we are unable to assist with the following requests from a Business;
Where (or we suspect the likelihood of) a vehicle will be used for accident management services, body-shop use, daily rental, sub-hire or let, chauffeur/taxi services & courier services.
With an over sea’s business that does not have a mainland UK registered office or an international embassy (or connected with) or to any company linked to an unstable country.
Enquiries from another hire company, car leasing & contract hire credit intermediary, or any other business we suspect may be involved in such activities.
Where the Business has a known adverse credit history &/or is currently (or has been) involved in any form of insolvency proceedings.
Prestige Car. Personal Leasing.
Yes, our Personal Contract Hire pricing is available across the range premium brands we offer; it’s a perfect solution for private individuals who prefer to lease a prestige car rather than ever owning one.
Yes, it’s certainly possible for a personal user to lease more than one prestige car. We have clients leasing an SUV for their daily commute & a more powerful sports car for the weekend plus many customers leasing a 2nd prestige car for their wife or husband to enjoy.
If you decide to take on a Prestige Car Leasing arrangement for multiple vehicles usage must be by you, spouse, partner or another named driver with your permission.
As the hirer, fully comprehensive insurance cover needs to be arranged in your name with other drivers named on the policy, where relevant.
No catch. Morgan Highfield & Land offer the most competitive leasing prices; things have always been this way with us.
You can also trust what we say because we’ve been leasing prestige cars since way back & have thousands of clients all over the UK.
Our homepage has some helpful information about both Business Contract Hire & Personal Contract Hire.
You’ll also find a Prestige Car Leasing search facility to view our pricing by body style or even by price; we also give helpful insights & reviews about each model online.
Ultimately lots of clients still prefer to chat things over so please call the office or maybe start a conversation with us by email, whatever suits you best.
When you know the allowance amount, you might personally expect to receive that’s the time to contact us, in the meantime why not keep visiting our website.
We are here to help but unfortunately can’t assist with the following personal quotation requests & in the circumstances of;
When a Personal applicant does not have the full UK driving license (or equivalent non-UK permit).
Where a Personal applicant has a known adverse credit history &/or is currently (or has been) involved in any form of insolvency proceedings which include both CVA & IVA.
Enquiries from an individual connected with (or we suspect the likelihood of) another hire company, passenger (or commercial) car leasing & contract hire credit intermediary (or similar activities).
Morgan Highfield & Land and Prestige Car Leasing are trading names of Yorkshire Vehicle Finance Limited who are a credit broker, not a Lender.
A Lender is a financial institution, regulated by the financial conduct authority, subject to acceptance & their terms, and they will provide the credit required to offer you or business a Contract Hire agreement.
No, pricing does not include a maintenance package as standard (unless explicitly stated as an additional inclusion or where our written quotation states as ‘included’, compulsory or otherwise). Upon your request (& where possible) we will offer you a maintenance package provided by a lender.
For more information about a maintenance package please request a quotation to include “maintenance”.
Yes, we do, it’s the car leasing industry benchmark known as the BVRLA fair wear & tear guide, a copy is always available upon request.
We recommend a read; it’s quick & easy to understand saving you time & money in the long run if you haven’t looked after the vehicle.
No, the lease price does not include motor insurance, nor will we offer an opinion or advice on such products.
Please note, you will be required & at your own cost to insure the vehicle fully comprehensively throughout the whole lease.
The lowest annual mileage for Prestige Car Leasing is typically between 8,000 & 10,000 miles per year.
For clients who wish to lease but travel even fewer miles, perhaps those who are living in Central London or similar it might be possible to reduce the annual mileage even further to 5,000 miles per year, with scope to offer an additional monthly saving from the leasing costs.
No, indeed not & we never have for Prestige Car Leasing.
What happens next?
When your Prestige Car Leasing deal comes to a close, we’ll help you arrange collection & safe return of the vehicle to a lender. The terms of the leasing agreement confirmed that the car must be returned in a fair condition, concerning reasonable wear & tear.
If needs be, everything should be brought up to standard, but things like service & maintenance records or ‘smart’ repairs to a damaged trim or cracked windscreens are best put right before the end of the lease, so to avoid unnecessary charges from the lender.
The return conditions or responsibilities to a lender are to the same standard.
- To carry out routine or scheduled servicing due before the vehicle collection date
- Ensure your vehicle is in a clean state and available for inspection
- Ensure the prestige car is made available for collection during the agreed date and time
- The condition of the vehicle is in keeping with ‘fair wear and tear’; a helpful guide is available upon request – charges will apply if the vehicle is returned not in a condition in keeping with ‘fair wear and tear.’
- Outstanding hire and excess mileage charges will be payable if the vehicle is collected after the contract end date and has covered more than the agreed total
The vehicle must be roadworthy; the following is a list of some of the reasons why a vehicle is classed as un-roadworthy:
- Without a valid MOT
- Flat Battery
- Tread below 1.6mm on any tyre
- Tyre puncture
- Warning lights displayed on the dash
- Battery electric vehicles without charge
For your protection, we recommend: clearing personal data from your on-board computer, your home address or any other addresses that may be stored on-board the vehicle.
It is your responsibility to make sure all personal data has been removed before collection. If you do not clear your data future drivers may be able to access this information which could impact on your privacy.
If applicable and should you wish to retain ownership of your private number plate you’ll need to contact us to arrange for the private registration number to be transferred from your existing vehicle on to retention.
Please do not arrange the collection of your current vehicle until your private number plate is on retention – unless you wish to grant title to the lender.