Contract Hire Finance Breakdown
Once your agreement begins, you’ll make monthly rental installments for the duration of your agreement. At the end of your agreement, once you’ve made all rentals due, you’ll then return the vehicle.
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Once your agreement begins, you’ll make monthly rental installments for the duration of your agreement. At the end of your agreement, once you’ve made all rentals due, you’ll then return the vehicle.
As long as all your monthly rentals and any charges (such as parking or speeding fines) have been paid, you can return your vehicle to us.
Your vehicle will be assessed against our Vehicle Return Standards (VRS). After the vehicle's return, you’ll be invoiced for any applicable charges due under the agreement, including any extra days’ rental, excess mileage (the pence per mile charge for going over your agreed mileage can be found in your agreement), and damage charges outside fair wear and tear.
We recommend you review these guidelines now and throughout your agreement.
When you’ve returned your vehicle, we hope you’ll lease another Mercedes-Benz through Mercedes-Benz Financial Services UK Ltd, subject to new credit checks at the time of your application. Ask your local Dealer for more details, as you approach the end of your agreement.
When taking out an agreement, Mercedes-Benz Financial Services UK Ltd will send you three documents: Your Finance Agreement Explained (reference only), Pre-contract Credit Information (reference only), and your Finance Agreement, which will require your signature.
To help you understand your agreement and make sure it’s the right plan for you, Mercedes-Benz Financial Services UK Ltd has included samples of each document below for you to read before taking out an agreement. Any financial data in both the Pre-contract Credit Information and Agreement documents is for illustrative purposes only. Information specific to your agreement will be sent to you if you decide to go ahead with your chosen agreement.
If there are any terms we use that you’re unsure of, take a look at our Glossary.
Got a question? Please speak to your local Dealer – you’ll find their details here .