Understanding Maintenance

Understanding Maintenance

All vehicles must be maintained to manufacturer standards and adhere to the specific vehicle servicing schedule. For many of the vehicle finance options offered, you have the option to cover many of the service and maintenance requirements. This costs extra but helps provide certainty on your motoring costs – no unexpected cost exposure that could adversely affect cash flow.

If Lender Maintained appears next to Maintenance, the quotation includes maintenance. The monthly cost for maintenance is shown as ‘Maintenance Rental’. The lender will cover the cost of maintenance and servicing as outlined in the finance agreement, but you are still responsible for taking the car to a dealership/garage approved by the lender for repair, regular servicing in line with the manufacturer’s service intervals, MOT inspections, etc.

If Driver Maintained appears next to Maintenance, the quotation does not include maintenance. There will be no monthly cost, therefore Maintenance Rental will show ‘N/A’. You should understand that by opting for a Driver Maintained agreement you are responsible for maintaining your vehicle and that you may incur additional costs for regular servicing, MOTs and any repairs required throughout the duration of the agreement over and above the monthly finance rental cost.

What are the benefits of choosing Lender Maintenance?

• Covers the cost of the majority of repairs required throughout the duration of the contract term. This includes tyres, brakes, exhausts, wipers, and batteries This is subject to BVRLA Fair Wear and Tear Guidelines
• May include breakdown cover, roadside assistance, and roadside repairs subject to lender
• Includes servicing and MOTs
• Benefit from fleet purchasing power of parts and service
• Peace of mind in relation to vehicle repairs

What are the potential risks of choosing Lender Maintenance?

• The cost of maintenance varies depending on the vehicle type, contract type and expected mileage
• Does not cover any accidental damage to the vehicle, vandalism, or windscreen breakages. These must be repaired via insurance cover
• Does not cover driver abuse or neglect such as, but not limited to, vehicle damage as a result of the vehicle not being serviced according to manufacturer’s guidelines, or Diesel Particulate Filter warnings being ignored.

For further information on the full maintenance coverage, benefits and risks please ask your Sales Executive.