What is the Good Condition Payment?
You may get money back at the end of your lease if you return your car or Wheelchair Accessible Vehicle (WAVWheelchair Accessible Vehicle) in good condition and meet a few other criteria.
We build a small amount of money for the Good Condition Payment (GCP) into the cost of your lease as a form of guarantee, and return it to you at the end of your lease, if you do these five things:
- Take good care of your vehicle
This includes regularly servicing and taking care of any repairs before you give it back.
- Return important items
You’ll need to give your vehicle back at the end of your lease with these items:
- The parcel shelf
- Both sets of keys
- Your charging cable, if you have an electric car
If you do not have one of these items anymore, you can speak to your dealer about getting a replacement. You can also make an insurance claim for lost keys, but you will need to pay your excess and it will count as a claim on your insurance history.
- Get an MOT
You must return your vehicle with a valid MOT at the end of your lease. You should arrange this with your dealer before you hand it back.
- Have settled any outstanding debts/charges
You’ll need to pay off any outstanding debts/charges with us. This could include hire car fines, speeding tickets, stopped allowances in arrears or unpaid recovery costs.
Otherwise, if the debt is less than the GCP, we’ll first use your GCP to help pay the debt, and then send the rest to you.
- Complete your lease
Your agreement will be for either three or five years. You’ll only get the GCP if you keep your vehicle for the whole of your lease, not if we agree to end it early.
