Lease cancellation

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  • January 4, 2026 at 12:46 pm#325871
    mikep
    Participant

      Hi everyone

       

      My car is due to change in October 2026, My question is could you cancel your existing lease and forgo the GCB and order a new car now? This will save in the insurance premium tax and the vat on the upfront payment?

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    • January 4, 2026 at 6:31 pm #326065
      kezo
      Participant

        Only mentioned tactical terminations the other day lol!

        Depending on the reason you give to cancel early, you could also be looking at a early termination fee of up to £250 ontop loss of GCB (£250).

         

        January 4, 2026 at 10:11 pm #326086
        72 dudes
        Participant

          I’m confused.

          You asked the same question the other day. Myself and @Glos Guy provided answers, much along the lines of Kezo’s.

          2024 - BMW i4 Grand Coupe eDrive 35 Sport
          2020 - Volvo XC40 T4 Inscription
          2017 - Audi Q3 TFSi Sport S-Tronic

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