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Q. Will I have the right to cancel?

A. Yes, although your rights differ if you are a private individual (regulated) or a business (generally non-regulated).

 

Under a regulated agreement you have the right to cancel your agreement at any time during the cancellation period, without giving a reason.

·        The cancellation period starts on the date the customer order is signed and ends 14 days afterwards.

·        In the event of cancellation, for any reason, outside this period a cancellation fee is incurred. This is equivalent to three times the agreed monthly payment plus VAT to Simply Vehicle Leasing, a trading style of New Car Deals Ltd.

·        Any costs incurred by debt collection agents in recovering this sum will also be payable.

·        In the event of any increase in funding charges or other circumstances beyond the control of Simply Vehicle Leasing, there is the option to cancel, without penalty.  Any administration fee charged would be refunded in full.

 

Under a non-regulated agreement you are not privy to the above mentioned cooling off period.

·        In the event of cancellation, a cancellation fee is incurred. This is equivalent to three times the agreed monthly payment plus VAT to Simply Vehicle Leasing, a trading style of New Car Deals Ltd.

·        Any costs incurred by debt collection agents in recovering this sum will also be payable.

·        In the event of any increase in funding charges or other circumstances beyond the control of Simply Vehicle Leasing, there is the option to cancel, without penalty.  Any administration fee charged would be refunded in full.

 

Q. How do I cancel?

A. Clearly, in writing and before the end of the cancellation period (if applicable).

·        To exercise your right to cancel, you must inform us of your decision in a clear statement by letter or email to:

admin@simplyvehicleleasing.co.uk

Simply Vehicle Leasing

Rosegarth House, 7A Prospect Road

Ossett, Wakefield, West Yorkshire, WF5 8AN

 

·        This needs to be received by us prior to the end of the expiry period.

 

Q. What happens when I cancel?

A. Cancel within the cancellation period and have your administration fee refunded.

If you have a regulated agreement and cancel within 14 days, the administration fee will be refunded in full, using the same payment method as originally used. If your cancelation request is accepted, this will be refunded within 14 days.

 

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