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Benefits of Smart Lease

It's Smart

It's flexible

It's hassle-free

It's smart

  • A Smart Lease package for a fixed monthly price.
  • Fully insured car included, which protects the car and driver for the term – no annual renewal required.
  • Transparent pricing – what you see online is what you pay.
  • Add your spouse or partner onto your lease for free.

It's flexible

  • Choose the mileage and term of lease that suits you.
  • Change your term and mileage during the lease for free.
  • No early termination fees for cancelling your lease if a specific life-event1 occurs.

It's hassle free

  • No deposit required.
  • Vehicle tax, MOT, servicing, maintenance and accident management included in your rental.
  • Dedicated driver line if you need support.
  • Worry-free end of lease with a generous end of contract damage waiver included.

Any questions?

The Smart Lease team is here to help.

FAQs    Contact us

  • Delivery

  • Vehicle tax

  • Insured vehicle

  • Use of the car up to your mileage limit

  • Mileage or term adjustment

  • Add a partner or spouse who lives in your household onto to your lease

  • Servicing, repairs and maintenance

  • Windscreen repair

  • Tyre replacement

  • Accident management

  • Early termination break clauses

  • Fair wear and tear repairs up to a maximum of £500 at the end of your lease – if the identified damage repairs exceed £500, you'll be charged the full amount

  • Depreciation and interest

The monthly price is calculated by:

  • Car chosen by you

  • Mileage you expect to drive each year

  • Number of years you want to lease the vehicle

You're responsible for:

  • Fuel plus any fees or fines, such as parking permits, parking fines or speeding penalties

  • Cost of breakdown cover for the term of your lease, or pay the recovery costs directly

  • Administration charges specified in your contract if you have an accident

  • Obtaining European Breakdown Cover and providing evidence of this, if you wish to travel abroad

  • A one-off arrangement fee payable at the time of ordering the vehicle

Life can be unpredictable and throw unexpected challenges at you – that's why we include life-event break clauses into every Smart Lease contract.

Once you've had your Smart Lease car for more than 6 months, you qualify for the life-event break clauses. This means you won't be charged an early termination fee if you need to cancel your lease for these specific life events:

  • redundancy – excluding voluntary redundancy, early retirement, and termination of contract by agreement or dismissal

  • divorce or the dissolution of a civil partnership

  • loss of driving licence for medical reasons for 6 months or more – excluding conditions that were pre-existing when the term commenced

  • death of you or your partner – where it's not the result of alcohol, solvent or drug abuse

Plus, if you're pregnant or adopting and need a bigger car, you can change to a different vehicle under the Smart Lease scheme and won't be charged an early cancellation fee.

You're not required to inform us about any medical conditions at this stage, unless they render you unable to drive now, but we may require evidence of them to process a claim.

Find out more about DVLA reportable medical conditions.

The early termination fee is calculated as 50% of the sum of the remaining monthly payments due on the vehicle at the time of the early termination. In the unlikely event that the early termination fee exceeds £10,000, the life-event break clauses can't be used. 

If you do cancel your lease early, you're still entitled to the benefit of the contract's damage waiver. So long as the condition of your vehicle is in line with the BVRA Fair Wear and Tear Guide, any identified damage that adds up to £500 including VAT will be waived.

However, in the unlikely event that the damage is valued over £500, you'll have to pay the full amount.

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