I want to surprise them, is this possible?
How romantic, you want to surprise your partner with a brand new lease car but is this possible?
You can but there are few things you must take into consideration before you go ahead, particularly the fact that you will essentially be signing up to a lease agreement on behalf of someone else and will be responsible for the fixed monthly payments for the duration of the lease term.
It might be that you’re partner has poor credit compared to yourself, so rather than it being for romantic reasons it could be more of a practical solution but either way there’s a number of things you need to be aware of before you sign on the dotted line.
Firstly, despite the fact that you won’t be the one driving the car, all paperwork relating to the lease will be directed at you, so everything related to the car will be your responsibility.
This means that all payments, maintenance of the car, making sure to keep within the agreed mileage allowance and ensuring the car is kept in good condition will fall on you.
If a payment is missed or your partner exceeds the agreed mileage allowance it will be you who has to sort these issues out and all parking/speeding fines will go directly to you even though you weren’t the one caught in the car.
You must inform us from the start that you want to lease a car for your partner – misleading your provider could result in penalties and you need to be living at the same address when you apply. You must also be named on the insurance policy along with your partner and depending on your insurer you might have to be down as the main driver, whereas with some just being a named driver on the certificate is fine.
Not having your name on the insurance policy is an illegal act known as ‘fronting’ and could invalidate your policy in the event of a claim.
Before anyone can lease a car they must hold a valid full UK driving licence. When you lease a car your driving licence is used as proof of your identity and for anti-fraud checks, so without a licence you will not be able to lease a car for yourself or a partner.
Please click here to find out more about our business/personal car leasing services and amazing offers, or call us today on 01904 55 75 44.