Before entering into a lease agreement, it’s vital that you consider the maintenance of your lease vehicle. A requirement of most personal lease and business lease contracts is that your car or van is maintained to the manufacturer’s recommendations.
Because of this, maintenance lease plans are a popular fixed-cost option. These plans offer convenience and remove the need to worry about unexpected additional maintenance costs. It allows you to spread the cost of maintaining the vehicle throughout the term of your lease, avoiding unexpected bills. Your lease vehicle will also be maintained to the manufacturer’s guidelines, so routine servicing, maintenance, mechanical repairs, tyres and MOT are all taken care of.
Let’s breakdown what’s included as part of these optional packages.
What’s included in a maintenance plan?
Opting for a maintenance and service plan can provide peace of mind. In a standard maintenance plan lease plan, you can expect:
· Routine servicing and maintenance for the duration of the lease contract.
· Mechanical and electrical repairs (not covered by the warranty).
· Accident Management.
· Exhausts & Batteries.
· MOT tests (3 years+ only).
· Roadside Assistance, Breakdown Cover & Breakdown Recovery.
A maintenance contract needs to be agreed before your vehicle leasing contract is live and your car or van has been delivered.
What’s not included in a maintenance plan?
However, there will be certain elements that aren’t covered by a maintenance and service plan. These can include the following:
· Non fair wear and tear (i.e. body/trim damage, broken glass).
· Driver error or negligence.
· Misfuelling / running out of fuel.
· Fluid top-up between services (including Ad Blue, Lubricants & Oils).
· Missed servicing.
It is worth mentioning that maintenance lease contracts can vary between finance providers. Our team of Account Managers can confirm the exact details of your leasing contract and what is included in any optional maintenance plan.
What if I don’t want a maintenance plan?
As mentioned previously a maintenance plan is optional, and you can choose to arrange any maintenance yourself. If you choose to do this with your lease vehicle, you will be responsible for all maintenance and servicing costs throughout the duration of your contract. It also must still be serviced in line with the manufacturer’s guidelines.
Whether you choose a maintenance plan or not, we always recommend checking your vehicle throughout the lease and using a recommended servicing and repairs provider for any issues. Towards the end of your lease, take the time to check your vehicle against the BVRLA’s Fair Wear and Tear Guide.
If you would like to know more about maintenance plans, explore our lease deals or simply discuss leasing in general, get in touch with the team at Synergy. We were recently awarded Best Medium Leasing Broker 2023 by the Leasing Broker Federation, as voted for by industry peers.
Synergy was recently awarded Best Customer Service Broker at the Broker News Awards, as voted for by industry peers. Recognised for best-in-class customer service, Synergy has also recently achieved the Feefo Platinum Trusted Service Award for the fourth consecutive year.
