Car Leasing - How To Get The Best Car Leasing And Contract Hire Deals

Often, car leasing is a good way to enable yourself to drive a better car than you might otherwise have been able to afford. An advantage of car leasing is that it is quite easy to compare different offers (eg; contract hire, PCP etc) once you’ve made sure the deals are offering the same contract length in months, the same initial payment, annual mileage limits and perhaps excess mileage charges. Then all you have to do is compare the monthly payments.

However, if you’re smart, there are a number of ways that you can make sure that you are getting the best deal possible. Car leasing offers depend on both the cost of the car leasing company and the cost of the accompanying car finance. You should try to minimize both, even if the relative contribution of each may be hidden behind the monthly payment cost.

What are the key ways to save money?

When thinking about leasing a car:

Lease a car that is an older variant of your chosen car model because, as with buying a car, you will get a better deal.
Avoid March and September when there is a definite uplift in both car sales and leasing, with new UK vehicle registration numbers and new models are introduced. Arrange your leasing beforehand when there is old stock to be moved.
Think about alternative models in your price range that are not the obvious choice or new introductions that are not particularly successful (yet) as you’re likely to get more features and better prices. It simply depends on supply and demand.

When seaching for a deal:

Go online and think national, not just your local dealership. It doesn’t matter where you are in the country, the online broker will arrange delivery without an additional charge.
Compare widely, at least six or seven different sites because there’s a wide range of prices and you have to do your homework.
Use organic search and go deep into the results. Don’t just go to the pay-per-click ads on Google, you’re likely to be turning up the same deals through different brokers repeatedly.
Do search for best offers, because there are hundreds available at any one time and there’s sure to be something you want.

When talking to online brokers and dealers:

Do ask about new special offers (especially contract hire) on the phone if there are any returns or non-completed deals that are or just about to become specials. You will get the car earlier, without waiting for a factory order for 6 or 8 weeks. The broker may also give a discount or throw in the previously ordered add-ons like leather seats for free, or do even both.
Ask about metallic paint. Some financing companies are prepared to throw that in as standard so it’s worth checking that the broker is aware of this.
Do negotiate if the different offers are close. They have some leeway, if not as much as on used cars, and even a few pounds per month cheaper adds up over 36 months.

By: Simon Norman

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Car leasing is not a complicated process but if you want to lease a car then put in a little extra effort like this and it should be worthwhile. It will get you the cheapest contract hire and best PCP deals. A website that compares all car leasing for 6,000 cars is www.financeacar.co.uk/car-leasing