Buy Back Terms

1. If vehicle is stolen & recovered, or accident damaged, then the Buyback Agreement is immediately rendered NULL & VOID.

2. In case of (1); we will still offer you a Buyback price, but it will not be determined by the Guarantee given, but our own assessment, which may be the best obtainable in the circumstances.

3. There will be a mileage fee applied over the Term of the Buyback Agreement.
a) This is negotiable dependant upon the car & the indicative usage.
b) Depending on the car & mileage indicated; we may dictate a minimum mileage.
c) Costs can vary from 29p per Km, right upto 99p+ for Exotics & are open to negotiation.
d) Any tampering or foul play suspected with the Speedometer will render the Buyback Agreement as Null & Void!

4. Only normal wear & tear is acceptable, but any small dents, dings & scrapes, or "kerbed" alloys, etc., etc., must be paid for in full replacement or repair cost; (dependant upon its severity).

5. As a confirmation of special Terms & Conditions specifically related to a particular Buyback Agreement; a signed & dated confirmation will be given to the Purchaser with his Sales Invoice.

6. Usually 6, 9 or 12m Buyback arrangements, means upto Noon on the periodical Day it ends. We are not obliged to honour agreements any later, unless we choose to accept them voluntarily, by mutual consent.

7. For 100% Buyback, this is normally on the 4th or 5th Anniversary after the sale. What this means, is that on the 4th year Anniversary we may choose to buy the vehicle back if you so wish, but on the 5th year Anniversary, we have to buy it back, come what may, if you insist on us taking it back!

8. An annual questionaire/survey is recorded by our Company, which must be adhered to, for this 100% Buyback option. There is an actual annual admin cost fee for this; which varies from approx £148 to £248+. This will be negotiated & clearly stated on your Buyback Agreement.

9. The Car being purchased back by ourselves for 100% of the sum you paid 4 or 5 years earlier; must be inspected & verified against our annual records, by Vehicle Examiners & HPi checked as well, atleast a month prior to the Buyback Anniversary. Car cannot be driven for that intervening period, just in case anything should go wrong. The cost of the Examination, HPi Check & Transportation to our site; (if necessary), will be charged to yourself, at normal AA/RAC Inspection & Examination rates + travel costs & normal single Car Transporter costs.

10. Our Agreement is ONLY with our personal client who has purchased the car from ourselves. The Agreement is Null & Void with any other 3rd Party involved in whatever circumstance. Therefore, if either this car is Sold, Confiscated, Repossessed, involved with Bankruptcy, or the Registered Keeper changed in-between for whatever reason; we do not have to honour the Buyback Agreement under our Terms. Although voluntarily we may make an offer to purchase, but we are then not bound by our Buyback Agreement conditions, as set out.

11. A Contractually bound, 3 to 6 month written notice of intention to exercise your Buyback option, is required in all circumstances. Dependant upon any special circumstances, we may agree to overrule this voluntarily or by mutual consent, but it will always be confirmed in writing, as a certified amendment to any Buyback Agreement.

12. For International Clients, the Buyback will apply with the same basic principle. Although all the additional costs of Inspection and Transportation, etc., etc., to and from the UK, must be taken into account, as an extra cost over and above our agreed car sale price, and this sum will be excluded from the Buyback Guarantee calculations. Any Local Taxes paid by Clients upon car importation into their Country, will not be taken into account on our Buyback.

 

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(Trademark Pending Global GroupTrading Name) Inter-Continental Autolease Limited (Incorporated UK)
ARJUN AUTOLEASE LIMITED (Incorporated UK), ARJUN INVESTMENTS LIMITED (Incorporated UK), Arjun Investments SL (Incorporated Spain)
Tel: 01634 714369, Fax: 01634 714138, 07931 554449, 07759 192406, Tel Spain: 00-34-663 687 762 (if no UK response)
Inter-Continental Autolease Limited, Registered office: Empire House, Sunderland Quay, Culpeper Close, Rochester, Kent. ME2 3PX. United Kingdom. Registered in England Company Number 3998859