A sad subject but death happens and it’s something you need to be prepared for


It’s a sad affair when somebody dies but it’s something we all know happens, so what’s the procedure in the event of the contract holder of a lease car dying?

Normally if the lease holder dies this is classed as an early termination of your contract and is treated as such.

Firstly, the lease company must be contacted to let them know that the lease holder has died. The lease company should then confirm what amount is still to be paid on the lease, how long is left and to discuss how the procedure works. If there’s a fee to be paid this will also be explained.

A sad subject but death happens and it's something you need to be prepared for

If the contract holder of a lease car dies what happens next?


You could ask the lease company if there’s an alternative option to an early termination.

If there’s a co-signer on your lease agreement, the remainder of the lease term then becomes their responsibility and they will have to continue making payments on the deceased person’s vehicle.

If the agreement hasn’t be co-signed, then the deceased contract holder’s estate will be expected to continue paying the lease, or terminate the lease early.

An early termination figure will be agreed and requested, however in such sad circumstances the finance provider might waive the early termination fee, this all depends on each individual case.

A copy of the deceased contract holder’s death certificate may also be requested before the agreement can be terminated.


For more information regarding our car leasing services and fantastic offers please click here, or call us today on 0844 846 4007.

0 thoughts on “If the contract holder of a lease car dies what happens next?”

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts


Car Leasing with Insurance?

How easy would life be if everything was all in one place? Like car leasing with insurance and all the good-bits rolled into one set payment. Whilst we can’t control everything in our lives, we Read more...


Can I Apply For A Parking/Resident Permit If I Have A Lease Car?

A Parking or Resident Permit allows you to park your vehicle near to your home   In a number of residential areas of the UK you are now required to apply for a parking or Read more...


Can anyone else drive my lease car?

Yes they can but there are some rules which apply..   Leasing a car has become a popular choice for many motorists looking to drive a brand new vehicle, however a number of people assume Read more...