Discover The Car Leasing Secrets Of Negotiating A Better Deal!
Car Leasing is an appealing form of financing a car for many people as it is convenient, cost-effective and hassle free. In fact, more businesses and private individuals are choosing to lease cars and vans every year.
However, you can make Car Leasing even more attractive from a financial point of view, if you know exactly how to save money and obtain the best possible deal on your next car lease. So check out these car leasing tips.
Improve Your Negotiating Skills By Learning The Car Leasing Secrets
As with any major purchase or financial commitment, your ability to negotiate the car lease deal to your advantage could save you hundreds or, in some cases, thousands of pounds. For example, if you were able to reduce your lease rental by just £20 a month, you would actually save over £750 on a 3 year contract!
Don’t get ripped off by unscrupulous dealers or brokers, who won’t give you the full picture unless you ask the right questions.
Make Sure You’re Comparing Like-for-Like Quotes
The first thing to do is to decide exactly what you want and give the same specific information to each potential supplier from who you would like a quote. This is the only way you will be able to compare like-for-like quotes.
Secondly, make sure you find out exactly what is included in any quote you receive.
Most people will shop around in the hope of finding the best car leasing deals. However, this is not as easy as it seems. Some Car Leasing special offers look cheap at the outset, but could turn out very expensive in the long run.
There are so many factors that affect the quotation you are given, which is why you must check it thoroughly when comparing it with others.
Things You Must Consider When Comparing Car Leasing Quotes
The main things to consider when comparing car leasing quotes are the type of contract you are being offered, the payment profile (i.e. the number of rentals required in advance and the contract term), and the annual permitted mileage.
In addition, it is important to find out if Maintenance, Road Tax, Breakdown Recovery and VAT are included in the price.
Finally, ask if there are any hidden charges or additional fees to be paid before your new lease car can be delivered.
Most of the above points have a significant bearing on the car lease rental that you are quoted, so you can see why it is vital to make sure you are comparing like-for-like with the quotations you receive.
When Is The Best Time For Leasing A Car?
In a nutshell, the best time to order your new lease car is when there are car leasing deals available, which is not necessarily at specific times of the year, but when certain situations arise in the marketplace.
Examples of this are when a current model is about to be replaced by a new one, when there is excess stock that dealers need to shift, or when Manufacturers’ Offers are available due to additional discounts or finance support being given to boost sales.
At times like these, you need to act quickly because such Car Leasing special offers don’t last very long, as there is often very limited stock.
I hope these car leasing tips have been useful, and help you save money on your next car lease.
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