Octane Vehicle Leasing

Step-By-Step Guide - How Does Car Leasing Work?

From the initial contact, right through to delivery, we want to make the process of leasing a brand-new vehicle as seamless as possible.

Below is our step-by-step guide that will help you understand our process of finding yourself a new set of wheels.

If you have any questions, do not hesitate to contact our team to find out more.


Step 1: Pre-Quoting

Contact Octane Vehicle Leasing – The first conversation we will have with you will be to find your requirements. This might include the sorts of makes and models you are looking at, as well as when you require a vehicle for. We can quote any major UK manufacturer so you can find your perfect make and model.

With extended lead times due to the ongoing semiconductor shortage, our team is advising you to get in touch sooner rather than later.

Step 1a: Quoting

Once you have found your perfect make and model, we will look to take a few details to provide you with a quote. If the details, you give are accurate and whole we will be able to quote you quickly. We will require the following information:

  • Length of agreement
  • Expected annual milage
  • Initial rental you are looking to put down
  • Any added extras – This could be factory options such as paintwork or optional maintenance packages.

Step 2: Apply for finance

We request you to fill out a simple finance application form. Once we have received this, we will manually check your suitability and hand-pick a finance company to give you the best chance of having your credit accepted.

Step 3: Order Your Vehicle

Once the finance approval is in place, we will require some signed paperwork. Your dedicated account manager will be putting together all your relevant documents in the background for you to read over and sign. We recommend signing this in a timely manner to avoid missing out on your deal.

Step 3a:  Sign Finance Documents

The funder will send us your finance documents to sign. Once we have them, we will send them over to you, usually via email where possible, for you to digitally sign. Once these have been signed and confirmed, you will have a two-week cooling-off period. In this period, it gives you the opportunity to ask us any questions you may have and that you are happy with the finance agreement you are entering.

Step 4: Delivery

Once your cooling-off period has expired, we are able to offer you a delivery date. If the date given doesn’t work for you, let us know – We are flexible and can do our best to work around you.

Once you have agreed on the delivery date, you just need to sit back and relax. The delivery firm, where possible, will be in touch a couple of hours before they deliver your vehicle. In most cases, the delivery will usually take place between 8am and 6pm, Monday to Friday.

If your vehicle is in stock, we can usually get it to you within a couple of weeks. If it is fresh factory order, we can give you estimated lead times at the point of quoting.