Car Leasing Blog

We get continuously asked if we sell ex lease vehicles. I am going to clarify the subject.

99.99% of the time, you will get your lease car from a leasing broker of some description. Leasing brokers (generally speaking) do not own the vehicle, you are merely introduced to a host finance company whom owns the vehicle.

At the end of a lease contract, the vehicle is collected and usually taken directly to the auctions.

This is done for ease of disposal. The finance company dont like to keep the vehicle for very long, so they are either taken directly to someone like british car auctions or distributed into car supermarkets and large dealer groups.

Normally, it is difficult to purchase an ex lease vehicle because they are already sold, or commited before the origional contract starts.