What happens to my payments if my allowance increases during my lease?
Allowance rates can change each year. Whether your increase is paid to us depends whether you’re on a variable or fixed lease.
Most customers are on a variable lease. If you’re on this, we’ll always receive your total mobility allowance, even if it goes up.
If you’re on a ‘constant lease’ this is a fixed lease, and your allowance provider will pay any increase directly to you.
You can check your contract hire agreement to see whether you’re on a variable or fixed lease.
Learn more about how you pay