These value added services are only available with your Ford Contract Hire productFlexible Contract Management:
Fair wear and tear
- Agreement rescheduling: The term and mileage of your agreement can be amended should your original business requirements change.
- Early settlement: If you wish to return the vehicle earlier than the agreed date then the agreement may be ended upon payment of 50% of the outstanding rentals, subject to at least 12 months of the agreement having been completed.
- Excess mileage: If you have two or more Ford Lease vehicles on contract hire then our pooled mileage facility could be of help, allowing you to offset excess mileage on one vehicle with an 'under mileage' vehicle on another agreement.
Fair wear and tear is the policy adopted by Ford Lease and supported by the British Vehicle Rental and Leasing Association (BVRLA) to describe the condition of a vehicle, which is considered acceptable and appropriate given its age and mileage at the end of the agreement. Ford Lease will only charge for damaged or missing items in excess of this 'fair wear and tear' policy.