Is there an upper age limit for leasing a car?
Before you can lease a brand new car you must be at least 18 years old, hold a full valid UK driving licence, have a good if not excellent credit score and be able to afford the monthly payments.
Despite the fact that you can apply for a provisional driving licence when you’re 16 years of age and can start having driving lessons at 17 years of age, you must be 18 years old or more if you wish to take out a finance agreement.
One of the biggest problems young drivers encounter when they come to leasing a car is whether they can pass a credit check, as their age obviously means they haven’t been around long enough to gain that all important credit history.
However, it’s not just your credit score that’s taken into account, as other factors will be looked at such as whether you can afford to keep up with the monthly payments and what other debts/outgoings you may have.
Younger drivers should also consider Black Box Insurance when they lease a car, as this could be the best and cheapest option for them but please note that not all funder’s will enable this so it might be an idea to ask questions first.
As for an upper age limit when leasing a car, there is none. As long as you hold a full valid UK driving licence, can afford the monthly payments and pass the credit checks then leasing a brand new car is possible.
One thing worth remembering though, is that drivers in the UK must renew their licence at the age of 70 and every three years thereafter if they wish to continue driving.
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