Car Leasing contract extensions are now one of the most popular ways to ensure you keep you vehicle within, or close to your original contract rental. Due to a recent increase in the cost of living, more and more people are looking at this option. Sadly, a high number of customers assume they can continue to use their vehicle past the agreement end, therefore creating an "Informal Extension"
Informal extensions are where you continue to use your vehicle without entering into an official agreement with your leasing company. This type of extension will become more and more scarce as leasing companies are moving away from these types of extensions and will request the vehicles be returned.
By entering into a formal agreement, your are able to extend your contract for either 6 or 12 months, and in most cases, your monthly rental payments may reduce. This is dependant on mileage and condition of your vehicle at the time of the request. You are also able to adjust the contract mileage at this time, subject to leasing company approval.
You also need to consider if you vehicle will still be covered by the manufacturer warranty. If not, we can hlpe you with that also.
To find out more information about formally extending your leasing contract and warranty, please complete the below enquiry form and a member of our team will contact you with an extension quote.
Please note this service can only be provided for vehicles supplied by Eurocar Group Ltd t/a All Car Leasing and there is an administration fee applicable of £199.99 + VAT (£239.99 inc VAT). Eligibility is dependant on your credit status on application.
Contract Extension Enquiry