At the end of your lease agreement if the vehicle is being returned to the funder ( e.g Contract Hire & Finanace Lease) it's condition needs to be to the standard as outlined in the BVRLA and finance company’s fair wear and tear guidelines.
A representative from the finance provider will collect your vehicle and check its overall condition. All damage will be recorded, and in the event that the vehicle is returned in poorer condition than ‘fair wear and tear’ allows, you may be charged.
The fair wear and tear guide is produced by the British Vehicle Rental and Leasing Association (BVRLA) and offers an industry-standard description of acceptable levels of fair wear and tear. We recommend that you read this information both at the start and again towards the end of your car lease.
For more information from the BVRLA please see here BVRLA
Each finance company also produces its own set of fair wear and tear guidelines which we also recommend you read, below is some main points to consider.
Appraising your vehicle:
For more information or further assistance please get in touch and a member of the Vanaways team will be happy to help.Make an Enquiry