The Vehicle Leasing Specialists

Making leasing a car or van easy for you since 1990.

GAP Insurance

What Is GAP Insurance?

Guaranteed Asset Protection is designed to protect customers against a Financial Shortfall in the event their vehicle is written off or declared a total loss.

Write off or a Total Loss is defined as the vehicle is damaged beyond economical repair as a result of an Accident, Accidental Damage, Fire or Theft.

In the event of a write off your comprehensive motor insurance policy will only pay the market value of your vehicle at the time of the write off, not the time of purchase or start of the agreement. GAP Insurance will cover the shortfall.


Lease Gap

Following a total loss, Lease GAP will pay the difference between motor insurers settlement figure and the Termination Charge from the finance company if this is higher. Who is Eligible for Cover?

You will be eligible for GAP Insurance if:

  • You are a Contract Hire customer. This includes Finance Lease
  • The purchase price of your vehicle does not exceed £80,000
  • The vehicle is under 8 years of age and registered in the United Kingdom
  • Your vehicle is covered by a UK comprehensive motor insurance policy
  • Your vehicle is not an Emergency vehicle, Taxi, Bus, Truck or Heavy Goods Vehicle
  • Your vehicle does not exceed 3.5 tonnes
  • Your vehicle is on a finance agreement
  • Your vehicle is shown in Glass's Guide

Combined PPP & Finance GAP

Following a total loss Combined Purchase Price Protection will pay the difference between motor insurers settlement figure and the original net invoice price of the vehicle or the outstanding finance if this is still higher than the original net invoice price.

You will be eligible for Purchase Price Protection if:

  • You are a Finance or Cash customer. This includes Lease Purchase
  • The purchase price of your vehicle does not exceed £80,000
  • The vehicle is under 8 years of age and is registered in the United Kingdom
  • Second hand cars are accepted
  • Your vehicle is covered by a UK comprehensive motor insurance policy
  • Your vehicle is not an emergency vehicle, taxi, bus, truck, heavy goods vehicle, motorcycle, invalid carrier
  • Your vehicle does not exceed 3.5TGVW
  • Your vehicle is not on Contract Hire or Leased
  • Your vehicle has been purchased from an authorised UK distributor

Definition of "Purchase Price":

  • This is the net Invoice Price of the vehicle
  • It does cover
  • All factory fitted accessories
  • Delivery of a new vehicle
  • Up to £1500 of dealer fitted accessories

It does not cover:

  • Discounts
  • Warranty charges or insurance premiums
  • Road fund licence
  • Fuel or paint protection applications

Balgores Leasing Ltd is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) and which is permitted to advise on and arrange general insurance contracts.

Why Balgores


You will have a dedicated account manager who will guide you through the entire process from choosing the right vehicle for you to arranging collection once the lease has come to an end.

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Tax Allowances


Whether you are new to business or have your own fleet nationwide you can trust our knowledgable team to find the right car or commercial vehicle which meets the emissions, tax and allowance requirements for your business.

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Tax Allowances


Balgores offer a range of finance options including Contract Hire, Contract Purchase, Finance Lease, Hire Purchase/Lease Purchase and Personal Contract Hire. Why not speak to us to find out which one's right for you?

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Hot Deals

Kia Lease Hire, Kia Leasing Deals & Offers Online

Balgores Leasing have been supplying vehicles to companies and private individuals since 1990, as such we were an obvious choice when Kia Motors (UK) Ltd were looking for successful, forward thinking companies to appoint as Approved Introducers to deal with Kia Leasing deals. As an Approved Introducer we are targeted with supplying Kia cars on Business Contract Hire and Personal Contract Hire (PCH) throughout the UK. In addition we can supply Kia Lease deals, Lease Purchase, Contract Purchase & Hire Purchase. Kia Lease Hire is becoming a very popular option and is definitely worth researching.

Kia dealerships have had great success in recent years giving them massive growth in market share of the UK car market. However, generally speaking, their area of expertise is not in Contract Hire and Kia Leasing deals - so they've turned to the experts.

Our staff have an in depth knowledge of the Kia range which includes Picanto, Soul, Rio, Venga, Ceed, Ceed SW, Pro Ceed, Carens, Optima, Sportage and Sorento. They are able to offer expert advice to provide you with the best possible solutions to your vehicle needs and deliver you brilliant Kia Lease offers.

It's extremely important to find the right car to suit you; with such a great range of vehicles it can sometimes be slightly daunting looking for the right car and the right Kia Leasing offers. Our staff can assist you in deciding which car will fulfil your needs and which deal will fit your lifestyle perfectly.

On top of this it's possible for us to customize your vehicle with several optional components. Fitting parking sensors, smart navs, window tints etc is a great way to personalize your Kia Lease Hire.

Our aim is to provide an unrivalled level of service throughout the life of your vehicle. We can help with administrative queries, Kia leasing offers and also supply you with advice to ensure that you are making the most of tax allowances related to company vehicles.

This unparalleled level of service is truly unique and is why we consider ourselves one of the best online Kia Leasing deals websites. We're truly dedicated to making sure that you get the best service possible.

This includes free of charge nationwide delivery and as we are FSA regulated via ITC compliance, we can advise on various insurance products. All vehicles are supplied with Accident Management so that we can continue to provide a service to you even in the unfortunate event of an accident.

It's this ongoing support that really begins to distinguish us from other Kia Lease Hire companies. We are committed to building long term relationships with our clients. We want your experience when researching and investing in Kia Lease deals to be so good that you will return to us every time you have a vehicle need.

Kia is South Korea's second largest manufacturer of automobiles and as such they are well-known and loved. Many people enter Kia Leasing deals because of how attractive their cars are. The range of vehicles available are all fairly similar in terms of aesthetics and this is because of Kia's desire to be instantly recognizable.

They've most definitely achieved this goal and all of their models sell well due to their simple, elegant design both in terms of looks and performance. Kia Lease deals allow you to drive in one of their amazing cars without the hassle or financial requirements of outright purchasing it. It's this financial freedom that is pushing people to search for the best Kia Leasing offers available. The desire to drive a superb car from Kia without having to buy it in one payment is immensely tempting and can prove to be very beneficial.