About Nationwide Vehicle Contracts
Nationwide Vehicle Contracts Limited is authorised and regulated by the Financial Conduct Authority. Our registered address is Unit 9, Christie Way, Christie Fields, Manchester, M21 7QY. Our Firm Reference Number is 668741. You can check this on the Financial Services Register by visiting the FCA’s website at www.fca.org.uk or by contacting the contact centre on 0845 606 9966.
Nationwide Vehicle Contracts Limited is a credit broker, not a lender and we provide motor vehicle finance brokerage services to customers via third party finance providers on business and personal contract hire agreements. As a regulated credit broker, we may introduce you to a range of finance providers who may be able to help you finance your vehicle and provide other products/services, such as vehicle warranty and servicing packages. We will only offer products from a carefully selected panel of finance providers. We will not refer you outside of this panel without your consent. You can ask us for a list of the suppliers who provide our finance and insurance products.
All the products we offer are optional. We may receive a commission or other benefits from one of our finance providers should you decide to enter into an agreement with them as a result of our introduction or, from another credit broker to whom we refer you should we be unable to arrange funding for you. These payments could be reflected in the monthly lease rate that you pay for your vehicle. The amount of commission received may vary depending on the funder or supplier selected, the terms of the funding and other criteria, such as achieving high levels of customer service. For more information regarding the disclosure of commissions, please visit our Commission Disclosure document.
Nationwide Vehicle Contracts Limited is an insurance intermediary. We will advise and make recommendations for you after we have assessed your needs for Contract Hire and Lease GAP, Tyre and Alloy Wheel Insurance, SMART Repair Insurance and/or Warranty and Assistance products. We do not charge fees for our insurance related services, nor do we receive any additional commissions from the insurer over and above our published list price for each given product.
Your Used Car Leasing Quotation
Please check your quotation carefully to ensure you are happy with the product, the price summary and our fees. Please note, Nationwide Vehicle Contracts only offer Contract Hire and Personal Contract Hire agreements which are hire agreements, not purchase agreements. An explanation of the different elements of your quotation is included below:
Vehicle: The make, model, engine and variant of your vehicle. Please check you can obtain and afford the cost of insurance for the vehicle prior to accepting the order.
The vehicle specification data displayed on our website is supplied by our partners and is intended as a guide only. While we make every effort to ensure the information is accurate, we recommend checking the vehicle photo suite or contacting the manufacturer directly to confirm any specific features, technical details, or equipment.
Fuel Type: Please be aware that modern petrol and diesel engines may be fitted with GPF or DPF filters and AdBlue systems, which require high-speed regeneration or fluid top-up to function properly. Failure to maintain these systems can damage the vehicle and is not covered by the manufacturer’s warranty or a maintenance contract. Before placing your order, please read our Leasing a Diesel or Petrol Vehicle guide.
Current Mileage: The current mileage of the vehicle as provided by our partner. Please note, your vehicle may also include additional delivery mileage, depending on where it is transported from. If applicable, this delivery mileage will not count towards the annual mileage allowance stated in your agreement.
Model Year: The model year refers to the vehicle’s version and may differ from the year it was built or registered.
Term: The term relates to the minimum duration of your contract, this is typically 24, 36 or 48 months. Additional charges may apply if you terminate the contract early.
Annual Mileage: The annual mileage of the contract. This represents the amount of miles you (the driver) intends to travel yearly.
Initial Rental: An advanced rental of usually equivalent to 1, 3, 6, 9 or 12 monthly rentals payable to finance company usually within 7 to 14 days of delivery. This amount forms part for the hire agreement and is non-refundable.
Processing Fee: The processing fee is the broker fee charged by Nationwide Vehicle Contracts for our service and represents the costs incurred for arranging the sale, ordering the vehicle, arranging the finance and organising delivery of the vehicle. This processing fee is payable by debit or credit card or by BACs payment.
Standard Delivery: Nationwide Vehicle Contracts will deliver your new lease vehicle direct to your doorstep, provided your address is situated on the GB mainland. For some locations in the Scotland, such as Dundee (DD), Inverness (IV), Aberdeen (AB), Perth (PH), Oban (PA), Greenock (PA) Stranraer (DG) and Skye (IV) a delivery charge of up £450 may be applicable depending on distance and supplying vehicle manufacturer. Currently, we are unable to offer delivery to customers living on the Isle of Wight (IOW), the Isle of Man, Northern Ireland or the Scottish Islands, including Shetland, Orkney, and the Hebrides.
Please note, quoted delivery "lead times" represent our “best estimate” based on information provided by our brand supplier. Whilst we endeavour to ensure that delivery dates are as accurate as possible, delivery dates are subject to change by the supplier and on occasion delays do occur. Nationwide Vehicle Contracts will keep you informed of any known changes to your vehicle’s delivery date to allow you to make any necessary arrangements as a consequence. Once the vehicle has landed with the supplying dealership, customers must be willing to take delivery. Failure to do so may result in the vehicle being taken by the retail division or sold to another customer. We encourage all customers to carefully review our delivery terms and conditions, and to keep in mind that quoted delivery lead times are subject to change.
Finance Rental: The fixed monthly amount to be paid to the finance provider. Personal contract hire agreements include VAT at 20%.
Road Tax: All of our vehicles come with Vehicle Excise Duty (VED), also known as road tax, for the duration of the contract. During the term of your agreement and any extended term, the finance provider will arrange for the provision of the vehicle excise duty (VED) and include this into the cost of your agreement. Please note, if the cost of the VED goes up during the term of your agreement, or any extended term, you will be liable to pay the amount of any increase.
Total Rental: The total cost per month including the finance rental and any other optional extras, excluding service plan, extended warranty, home EV charge point and minor damage insurance which are not included in your monthly rental and must be paid for separately.
Roadside Assistance: The roadside assistance cover as offered, starting from the day of delivery. In the event that the roadside assistance expires within the contract hire period, you will be liable for any breakdown costs, unless a breakdown policy is purchased as part of the contract.
Excess Mileage: Any mileage over the agreed contract is charged at the excess mileage rate. This represents the cost charged in pence per mile and will be stated on your finance documentation. Please ensure you select mileage appropriate to you as some funders may not allow you to amend this at a later stage. Please note, some finance providers charge a higher rate excess mileage fee for mileage above 115% of the annual agreed figure. If this is applicable, this will be stated in your finance documentation.
Minor Damage Insurance: If you have selected SMART & Alloy Wheel, Tyre & Alloy Wheel or SMART, Tyre & Alloy Wheel Extra Insurance we will be in touch to discuss suitability and eligibility. Please note, the price of this product is not included in your monthly rental and must be purchased and paid for separately by debit/credit card or direct debit. For further information or to purchase this product, please call our Minor Damage Insurance team on 0161 300 7437 once you have a confirmed delivery date for your vehicle.
Service Plan: The monthly cost for service plan. Please note, the price of this product is not included in your monthly rental and must be purchased and paid for separately. For vehicles that require a service within the next nine months, an advanced payment may be required to ensure the account has enough funds to cover the cost of the service. See further details regarding inclusions/exclusions. Please be aware that without a service plan, you will be responsible for all servicing costs for the vehicle throughout the duration of your contract in line with the manufacturer’s schedule.
Inclusive Warranty: For eligible vehicles, six months of Mechanical Breakdown Insurance will be included from day of delivery. In the event that the warranty expires within the contract hire period, you will be liable for any repairs or breakdown costs, unless an extended warranty policy is purchased. An MOT will also be required every year, starting three years from the vehicle’s first registration date in accordance with UK law. The cost of the MOT is the customer’s responsibility, unless a service plan is purchased.
Extended Warranty: The total cost and term for the optional extended warranty cover. Please note, the price of this product is not included in your monthly rental and must be purchased and paid for separately.
Home EV Charge Point: If you have selected a Home EV Charge Point, we will email you with details on how to purchase directly from our partner. The price of the EV home charger is not included in your monthly rental and will need to be paid for separately, directly with Pod Point.
Pricing: Please note that whilst Nationwide Vehicle Contracts makes every effort to ensure that all "quoted" prices are maintained up until an "order" is confirmed, rentals are subject to change at any time by the funder and we reserve the right to pass on any price changes which may affect the rental originally quoted. In the unlikely event of a change to the rental, we will contact you by email or telephone to confirm if you wish to proceed with your order or to provide you with possible alternatives. If the alternative is not acceptable to you, Nationwide Vehicle Contracts will cancel your order without penalty and refund any monies paid.
Returning Your Vehicle: At the end of your agreement, the vehicle must be returned to the finance company and will be inspected for any damage that falls outside what is deemed ‘fair wear and tear’. You can find out more about how fair wear and tear guidelines work in our Fair Wear and Tear Guide.
Missed Payments: If you miss any regular payments to your finance provider, additional interest and fees will apply, and this may have a negative impact on your credit score. Late payments can also result in termination of the contract with all remaining rental payments due.
Cancellation Rights: If you wish to cancel your order with us, please follow the instructions in our Your Cancellation Rights guide. For consumers entitled to a refund, this will be issued within 28 working days from the day we which receive the cancellation notification.