v What happens if the car is accident damaged, to the point of being written off by the insurance company? Am I liable for any shortfall in value? - Short Term Car Lease & Long Term Car Rental Offers
 

FREQUENTLY ASKED QUESTIONS

What happens if the car is accident damaged, to the point of being written off by the insurance company? Am I liable for any shortfall in value?

Short Term Car Leasing available on Flexilease or Fixed Contracts

Your insurance company usually negotiates with the supplier or leasing company directly. Different companies have varying policies.

However, you maybe liable for any value between the insurance payout, the finance and/or the vehicle value. Rentals are also payable until the vehicle is settled.

Short Term Car Leasing Ltd t/a Cocoon Vehicles Ltd (06113683) is authorised and regulated by the Financial Conduct Authority (711074). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk

 

For complaints information when a transaction is completed online, please access the Online Dispute Resolution platform at http://ec.europa.eu/consumers/odr