Beware of cheap advertised Car Leasing deals – check out the small print!

If you’re surfing the internet looking for great Car Leasing deals, you’re likely to be overwhelmed by the sheer volume of Car Leasing offers that are advertised. There are hundreds of Main Dealers with Manufacturers’ Offers as well as Car Leasing Brokers trying to tempt you by advertising low monthly rentals on the internet. Unfortunately, not all of them are totally transparent in stating the full details of the Car Leasing Special Offers that they’re promoting.

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The Most Common And Costly Mistakes People Make When Leasing A Car

Car Leasing is one of the best ways of financing a new car or van for both business and personal users as it is cost-effective, tax-efficient, and enables you to easily budget for all your motoring costs.

However, if you don’t do your homework and plan ahead, and think about your specific requirements over the term of the contract, what starts off as a dream deal could turn into a Car Leasing nightmare!

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How To Get The Best Car Leasing Deals For The Lowest Monthly Rental

Audi A7 SportbackIf you’re considering leasing a car, or are already experiencing the benefits of car leasing, one of the main reasons that you are attracted to this form of Car Finance is probably the lower monthly payments.

But no matter how low your car lease payments are, I imagine you’d prefer it if they were even lower! And the good news is that there are a number of ways that you can minimize your monthly payments as much as possible.

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Should I Add Car Leasing GAP Insurance to my Contract Hire Agreement?


What Is GAP Insurance?

GAP InsuranceGAP (Guaranteed Asset Protection) Insurance is an insurance policy for the Car Leasing market, designed to protect you from financial loss in the event of your lease car being written off or stolen at any time during the course of your leasing contract.

It should cover the amount of any shortfall between what your comprehensive motor insurance policy will pay out and how much you will have to pay the finance company in order to settle the car lease agreement. As this difference, in some circumstances, could amount to a sizeable sum, GAP Insurance is well worth considering when leasing a car.

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Should I Add A Car Maintenance Contract To My Contract Hire Agreement?

BMW 1 Series ConvertibleWith Car Leasing, there’s no avoiding the costs of servicing, repairs and tyres on your lease car – but these costs can be greatly reduced by planning ahead and adding Maintenance to your lease contract.

Maintenance Contracts are optional, but can provide peace of mind by protecting you from unforeseen expenses. They enable you to budget for all your motoring costs, and usually work out less expensive than paying for parts and labour as required.

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