If you’re in the market for a new car, the range of options open to you may seem a little confusing. If, like thousands of other drivers, you’ve made the decision to lease your next car then the process may seem even more daunting.
Thankfully, the team at ContractHireAndLeasing.com has put together this helpful guide to help you navigate the hazards involved in finding your perfect lease deal online.
Prepare for the journey
Before embarking on any journey, proper preparation is key. When looking for a lease deal, it’s sensible to follow these simple steps to protect yourself (and your data):
- Look for sites with the correct FCA (Financial Conduct Authority) accreditation. The FCA is there to protect you as a consumer and all companies involved in the advertising or supply of finance agreements must comply with their regulations. If they’re not FCA you should walk (or run) away;
- Make sure that they take your security seriously. If you’re filling-in online forms to make an enquiry, always check for the padlock in your web browser’s address bar. No padlock means that your enquiry (and your personal information) could be intercepted;
- Make sure that the costs are clear. Leasing is one of the simplest forms of finance agreement with none of the APR percentages, future value estimates or balloon payments that can make other forms of car finance so confusing. There are only three costs to consider:
- the initial payment;
- the monthly amount;
- any administration fees.
When sizing up a lease price always look for these three things, particularly the administration fees (sometimes referred to as a “document” or “doc” fee).
ContractHireAndleasing.com has been around for over 15 years and in that time has connected millions of people with great car leasing offers. Each deal, whether business or personal, clearly shows all three elements of the price. All enquiries made on the site are fully encrypted using the latest security standards and the site is authorised and regulated by the FCA.
Don’t get cornered
In most areas of life, it’s always good to keep your options open. When looking for a car leasing deal, it’s particularly important to have choices:
- Look for a site with offers from both main dealers and independent brokers. Brokers can access a variety of different providers to source very competitive rates but main dealers often have access to exclusive manufacturer offers or in-stock vehicles.
- Always look for a site with a choice of offers from different manufacturers. Even if you’ve done your research and have a pretty good idea of which car you want the highly competitive nature of the leasing market means you may be surprised at what you can actually afford to drive.
- Make sure that a range of payment terms and mileages are on offer. One of the benefits of car leasing is that you can tailor the agreement to suit your requirements – there really is no need to settle for an off-the-shelf deal.
ContractHireAndLeasing.com has millions of business and personal deals from hundreds of different advertisers, including both main dealers and independent brokers, all easily accessible using our powerful search facility. Deals are available from every manufacturer and every range and many of our advertisers allow the initial payment, monthly amount, contract duration and mileage to all be customised on-site before you make an enquiry.
When looking for a car leasing deal, nobody wants to break the speed limit and rush into things, but it is an area where a little haste can be beneficial.
The car leasing market moves incredibly quickly with new rates becoming available all day, every day. Many of these rates, particularly when they apply to immediately-available vehicles with limited stock, can be sold out within a matter of hours – so finding the newest deal fast can lead to big savings.
At ContractHireAndLeasing.com we understand this: that’s why all of our search results are ordered to show the most recent deals first.
Pass the test with flying colours
To a first-timer, finding your lease deal can initially seem like a testing prospect, but there’s no need to stress. By swotting up and following the correct advice, it can actually be one of the simplest and most straightforward ways of driving a brand new car for an outstanding price.
With a little help from ContractHireAndLeasing.com, you can pass the car leasing test with no faults.