Hemel Hempstead car leasing company offers customers free Redundancy and Life Event Cover

A car leasing company in Hemel Hempstead is offering a free Redundancy and Life Event Cover for its car and can leasing customers.

With the UK Government’s Furlough scheme reducing its offering in August and ending in October the UK is set to face its largest unemployment crisis for 25 years.

Vanarama wanted needed to provide additional peace of mind and support for its clients enabling them to purchase with confidence in the current climate.

The offer is available to all customers who take a new lease out from July 1 and will include redundancy; divorce or dissolution of a civil partnership; disability and death. Customers will not be charged for the costs of returning a vehicle.

The Government’s easing on lockdown and advice to avoid public transport, where possible, has seen a surge in interest in personal car buying.

Consumer buying habits have changed and the Covid-19 pandemic has further accelerated the move to buying online and leasing.

Andy Alderson, CEO and founder of Vanarama, said: “Over the last few years we’ve seen a dramatic change from ownership to usership and we know that consumers are confident to purchase online, in fact 80 per cent of our car leasing customers have never driven the car before we deliver it to them.

"But they are doing their research spending on average 14 hours, we have over 1200 hours of watch time on our site’s video reviews every month.

“The Covid-19 pandemic and fears of using public transport has seen a greater swell in interest in car purchase.

"People want to buy online, they want flexibility and with the introduction of the Vanarama Redundancy and Life Event Cover we are offering them the opportunity to do that with confidence and added security."