Scirocco Central

Hi guys,

This is my first time leasing a car and indeed from an English company so I have a few questions...

1. What handover options are available...especially when not collecting the car from the dealer. Is the car driven or lifted to customer. Please share any experience and advice.

2. What type of vri or gap insurance should i buy?

Thanks.

Stephen

My last two cars have been through a leasing company, and both were delivered either on a car carrier or on a trailer, i wouldnt be happy with someone driving them to me, but thats just my experience, cant advise on insurance im afraid.

Personally I'd assume that you'll receive a driven delivery unless the paperwork states otherwise.

In terms of GAP your basic options will be finance gap, return to invoice or vehicle replacement.
Finance gap may not be suitable if the residual value / insurance settlement value never drops below the outstanding finance value.
Return to invoice will provide the difference between any insurance settlement figure and the invoice price paid, you would need a cash invoice from the lease company to take out such a policy.
VRI would obviously pay the full replacement value less insurance settlement.

Check if you motor insurer offers new for old in the first 12 months and if your lease is covered, as this may enable you to get discounted gap policy that covers only year 2 onwards.. You will still need to take the gap policy out on collection of the car.