What are Excess Mileage and Excess Damage Charges and How to Avoid Them
Your funder can charge you for exceeding your quoted mileage and damaging your vehicle beyond what is considered ‘Fair Wear & Tear’. These […]
November 3rd, 2021
Van leasing is simple enough, but there are a number of rules involved that you may not have considered before. Particularly if you are taking the vehicle abroad for the first time. With any long-term van lease, it is important to check if there is a process you need to follow before you do anything. Such as convert the van, sign write it, or go abroad.
In this article, we’ve put together some simple steps to follow when taking your lease vehicle abroad.
The important issue here, is ownership. As the finance company is the vehicle’s owner during your lease, their permission is required before taking the vehicle abroad.
Every driver going abroad from the UK is required by law to carry the vehicle’s registration document (V5C). Exceptions are made for vehicles on a long term van lease, or for example a contract hire van. In these circumstances a ‘vehicle on hire’ (VE103) form is required.
A VE103 form provides authorities proof that you have permission from the van leasing funder to use the vehicle in a foreign country. Without this form you could encounter issues at boarder control, or if stopped in the vehicle, possibly resulting in the vehicle being impounded.
To request the VE103 form, you will need to contact the BVRLA or the RAC.
You will already have commercial vehicle insurance as part of your van leasing agreement. It’s important to check that this covers driving abroad, and whether there are any specifics to the cover. For example – the vehicle is only covered for breakdowns in Europe.
Try to ensure you are familiar with local driving laws. It is important to have a knowledge of signage, speed limits, and if you need to carry any specific safety items.
For more information on what to do if you’re planning on taking your lease vehicle abroad please contact our specialist Customer Support Team on 01179625314
Your funder can charge you for exceeding your quoted mileage and damaging your vehicle beyond what is considered ‘Fair Wear & Tear’. These […]
Van leasing is a cost-effective way to get a new, reliable, fuel-efficient vehicle. If you’re part of the gig economy, you’ll need a […]
Across the UK the way we use our vehicles has changed. Whereas in the past, people may have used a van for work […]
Buying a van is not a realistic option for a lot of couriers and delivery drivers as they are expensive to buy outright […]
What are Final Payments in Van Leasing? If you’ve been looking into leasing, then you’ll certainly have come across the term Final Payment. […]
Today we reveal the exciting news of the bringing together of two great businesses, Global Vans and XLCR to become a leading presence […]
Regardless of the size of your fleet, it’s imperative that it is managed in terms of maintenance, legal compliance, and driver safety. Effectively […]