How To Find & Negotiate The Best Contract Hire Car Lease Deals!
Car Leasing (or Contract Hire, as it is also known) is an appealing form of Car Finance for many people as it is convenient, and hassle free. In fact, more businesses and private individuals are choosing to lease cars and vans every year. It is more cost-effective than Short Term Car Hire or Van Hire.
However, you can make Car Leasing even more attractive from a financial point of view, if you know exactly how to save money on your next Car Lease and find the best Car Leasing Deals available. So check out these Car Leasing & Contract Hire Tips.
Learn How To Find & Negotiate The Best Car Leasing Deals
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 Car Lease rental by just £20 a month, you would actually save over £750 on a 3 year Contract Hire!
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 Are 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 whom 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 Car Leasing 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 Lease Deals look cheap at the outset, but could turn out very expensive in the long run.
There are so many factors that affect the Contract Hire 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 Contract Hire quotations you receive.
When Is The Best Time To Lease A Car?
In a nutshell, the best time to order new Lease Cars 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 offer additional discounts or finance support to boost sales.
At times like these, you need to act quickly because such Car Leasing Deals do not 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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