Full Terms & Conditions
Performance Portfolio Ltd
You/Client – Hirer
- Delivery and collection is included in your quotation unless stated otherwise.
- Minimum rental period is 24 hours.
- Drivers must be aged between 28 and 70 years.
- Drivers must hold a current valid UK or EU driving licence and must have held same for at least 3 years. International Licence? Please contact us.
- Car will not be used on track and if found to be used no refund of security deposit will be made and Performance Portfolio reserve the right to seek damages in a court of law.
- Rates apply per day (24 hours)
- If the vehicle is returned more than 1 hour late, an extra day’s rental will be charged.
- Minimum hire periods may apply to Weekends, Bank/Public holidays and to some locations.
Booking & Payment
- Payment is accepted by credit card, debit card, cheque and Bank transfer. Payment made by cheque or bank transfer must be cleared funds showing in our account prior to the hire start date.
- Bookings made by credit card will incur a 2.5% surcharge (5% for Amex); there is no charge for using a debit card.
- The rental quote includes Comprehensive cover although an excess does apply.
- The amount of excess depends on which car you have rented/hired and is shown at booking.
- The excess ranges from £3000-£5000.
- As the hirer you agree that the following statement to be true:
- Be in a physical condition so as to be reasonably considered capable of driving a performance car safely.
- Not have been disqualified from driving within the last 5 years.
- Not have been involved in more than one accident in the past 5 years (if so, written authorisation must be given to hirer)
- Not be engaged in any of the following: Couriering, Rallies, Trails, Track events, Private roadway, Racing, Speed testing [Drivers not qualifying under the above may be permitted subject to additional terms and conditions to be agreed prior to the commencement of the hire. If such a driver is subsequently accepted they will be permitted to drive the vehicle only with our written consent and that of our insurance company].
Loss or Damage to Vehicle including charges
- Rates include comprehensive insurance cover for the authorised driver(s) only.
- The security excess will be deemed a total loss if the driver/hirer causes an accident whereby a claim is made against the Performance Portfolio policy.
- If the hirer is involved in an accident, the security deposit will be frozen until it is confirmed that no insurance claim will arise against Performance Portfolio or the hirer (non- fault)
- If the hire vehicle is damaged whilst on hire, the hirer agrees to pay for all damage and repairs.
The cost of the repairs will be quoted by an approved repairer only.
- Any damages found including excessive tyre and clutch wear to the hire vehicle upon return inspection will be charged to the security deposit held by Performance Portfolio.
- As the hirer, you agree to pay the daily tariff rate for each day that the vehicle is of road for repair in the event of damage caused by you the hirer
- We do not offer any waiver facility
- All accidents must be reported within 24 hours and an accident report form completed.
- Failure to do this may result in the insurance becoming invalid.
- Inclusive mileage allowance for each vehicle is 100 miles per day.
- All hires of a period of 28 days or more include an allowance of 2000 miles per 28 days
- Any additional mileage traveled will be charged at the excess mileage rate as shown in the tariff section
- A valid driving licence (held for at least 3 years) must be produced at the time of hire.
- Endorsed licences may be accepted at the discretion of Performance Portfolio. Please check at the time of booking
- We also require additional proof of identity such as a passport and proof of address.
In unforeseen circumstances vehicles booked may not always be available however Performance Portfolio will always replace the vehicle with a like for like car. So for instance if the Ferrari has been recalled or involved in an accident the car may be replaced by a Lamborghini Gallardo or similar.
- Fuel is not included in the rental price.
- The hirer is responsible for ensuring the correct fuel is used.
- If the wrong fuel is used the hirer is liable for all costs including recovery and repair.
- Provided the vehicle is returned with the same amount of fuel, no refuelling charge is payable.
- If a vehicle is returned with less fuel, we will refuel the vehicle on the hirer’s behalf. The designated price to refuel a vehicle is currently £3.50 per litre plus an admin charge of £25.
- Two additional drivers are permitted (3 in total) at the cost of £25/day provided that the additional named driver meets the above criteria, signs the rental agreement and produces the required documentation (driving licence, passport and utility bill).
- Performance Portfolio reserves the right to refuse hire without reason
- Drivers licence details for additional drivers must be provided at time of booking or prior to hire.
London Congestion Charge
- The hirer is liable and responsible for the Congestion Charge. Penalty charges incur a £25 admin fee.
- The hirer is responsible for ensuring the vehicle is returned to the agreed location unless prior collection has been arranged.
- If Performance Portfolio has agreed for the vehicle to be returned outside of office hours, the hirer will remain responsible for the vehicle and its condition until it is re-inspected by a member of our staff.
- If Performance Portfolio has agreed the vehicle may be returned to another location, it is the hirer’s responsibility to inform Performance Portfolio that the vehicle is ready for collection and to park the car safely and legally until the vehicle is collected.
- The hirer will remain responsible for the vehicle and its condition until it is re-inspected by a member of our staff.
Parking, Traffic and other offences / fines
- Where possible, all fines and penalty notices will be represented to the hirer. An admin fee of £50 will apply.
- All fines and court costs for parking, traffic or other offences (including any costs which arise if the vehicle is clamped or towed) are the responsibility of the hirer.
- If these fines are not paid, a £50 administration charge per offence will apply.
- If the hire vehicle is impounded, the hirer will be liable at the advertised daily tariff rate until vehicle is released.
- ASBO – If any driver is given an ASBO on any of our vehicles whilst out on hire then there will be a £500 charge taken from the security deposit.
- Cars may not be taken out of Scotland, England or Wales without written authorisation or prior approval from us.
- Vehicles taken abroad will be subject to a rate surcharge and additional insurance cover of £175 + vat per week.
- We do not offer refunds for any cancellations by either the hirer or the hirers approved 3rd party.
- If we cancel the booking, the hirer will entitled to a full refund.
- In the event of extreme weather conditions or mechanical failure, we will attempt to re-arrange thehire date