Frequently Asked Questions
Find answers to common questions about our vehicle leasing services and how they can benefit your business.General Questions
Find answers to common questions about vehicle leasing, including benefits, processes, and what to expect when working with Kempston Vehicle Leasing.
What is the difference between a Full Maintenance Lease and an Operational Lease?
A Full Maintenance Lease includes comprehensive maintenance, servicing, and repairs as part of your monthly payment. All vehicle upkeep is our responsibility, providing complete peace of mind. An Operational Lease offers lower monthly payments but maintenance responsibilities remain with your business, making it ideal for companies with existing maintenance solutions or those who prefer to handle maintenance independently.
What happens at the end of the lease term?
At the end of your lease term, you have several options: return the vehicle and lease a new one, extend the current lease for a predetermined period, or in some cases, purchase the vehicle at a reasonable value. Our team will contact you before your lease expires to discuss these options and help you make the best decision for your business needs.
Can I customise vehicles to match my company branding?
Yes, we offer vehicle customisation options including company branding, specialised equipment installation, and specific vehicle modifications to meet your operational requirements. These customisations can be included in your lease agreement, with costs spread across your monthly payments for better budget management.
What types of businesses typically use Kempston’s leasing services?
We serve a diverse client base including small to large owner-businesses, JSE-listed companies, multinational corporations, government agencies, and Parastatal entities. Our flexible leasing solutions can be tailored to businesses of any size and across various industries, from logistics and distribution to service providers and corporate fleets.
What are the tax implications of vehicle leasing?
Vehicle leasing typically offers tax advantages as lease payments can often be deducted as business expenses. This can provide significant tax benefits compared to purchasing vehicles outright. However, tax regulations vary, so we recommend consulting with your financial advisor to understand the specific tax implications for your business situation.
How long are typical lease terms?
Our lease terms typically range from 24 to 60 months, with the most common being 36 or 48 months. We offer flexibility in lease durations to align with your business cycles, vehicle usage patterns, and financial objectives. Shorter terms allow for more frequent fleet updates, while longer terms generally offer lower monthly payments.
Are there mileage limitations on leased vehicles?
Yes, most leases include annual mileage limitations. However, we work with you to establish realistic mileage allowances based on your expected usage patterns. If you anticipate higher mileage, we can structure your lease accordingly. Excess mileage charges may apply if you exceed your agreed-upon limits, but we strive to set appropriate thresholds to avoid unexpected costs.
How quickly can vehicles be delivered once a lease is approved?
Delivery timeframes depend on several factors including vehicle type, availability, and any customisations required. Standard vehicles typically can be delivered within 2-4 weeks of lease approval. Specialised or custom vehicles may require additional time. We maintain relationships with multiple suppliers to ensure the most efficient delivery process possible, and can provide interim vehicles if needed for urgent requirements.
Leasing Specifics
Detailed information about our leasing options, terms, and specifics about how our leasing solutions work in practice.
- Our leasing experts customise solutions based on your specific business needs.
- We offer flexible terms from 24 to 60 months to match your business cycles.
- All vehicles are maintained to the highest standards for safety and reliability.
Need More Help?
If you couldn’t find the answer to your question, our team is ready to assist. Contact us directly for personalised support and information.