What do I need to pay and when do I need to pay it?
There are three types of payments you will need to pay when you take a lease out with Willow Leasing: your processing fee, your initial rental and your monthly payment.
The processing fee is the payment that you make to Willow Leasing for our brokering services. This amount is specified on your quote or on the website. This payment is due after we have received an approval for your application and your car has been ordered.
The initial rental is the first payment you make to the finance company. It can be as much as one month upfront to twelve months upfront. Depending on the finance company and supplier, the initial rental may need to be paid before your delivery otherwise it will be taken 7-14 days after you have taken delivery.
Your monthly payments will be taken by direct debit and will start a month after you have taken delivery. This exact date can depend on the finance company you have but they will inform you of the payment dates with plenty of notice.