Reply To: Lease Extension Question

#271711
AlanBang
Participant

    Looking at our agreement, it states the minimum period of 3 years, continuing until either the expiry of a period of 24 months following the minimum hire term or the date  on which the agreement is terminated in accordance with the terms in the Contract Hire terms and conditions (booklet)

    When I read through the small print clause 15.3 states “At any time after the end of the minimum hire term, we may terminate the agreement by giving you not less than 14 days written notice”….

    So although technically they can allow the extra 24 months, its at their discretion.  You would hope though that a reasonable request should be considered.

    I’d certainly want them to consider our request as technically our son has only 2 years left on his PIP (1 and a bit and then an assessment) therefore its easy money for them to continue the lease.    (although leaving finally gives me a chance to get an x3 privately!)