How to find the best deal for a car lease

Fancy a share?

If you’re looking to lease a car, it’s really important to get the best deal. There can be a large cost difference between different types of car leasing deals, so the time you put in at the beginning will really pay off and could potentially save you pounds off the overall cost of your leasing arrangement.

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Remember, once you’re signed into a leasing arrangement, you’re in a contract and can’t switch without hefty penalties. So, here’s what you need to know before organising the finance of a car lease or van hire Bristol.

Decide whether you need a lease

If you run a small business, it might make more financial sense to lease a van rather than pay for van hire Bristol every time you need access to a commercial vehicle. Van hire in Bristol adds up over time, whereas a lease could be more competitive. Establish your needs as the first step.

Compare prices

Use a price comparison site to find the best deals currently on offer and compare prices, adjusting elements such as the down payment and the terms of the lease.

Look for deals

You’ll often find that there are better leasing deals at certain times of the year. And you may be able to negotiate more favourable terms too, especially if you pick up the phone and speak to the provider.

Adjust the terms and know your budget

If you have a clear budget in mind, you can adjust the lease to fit it by changing the lease terms and other available factors. Leases can be built around a customer’s needs, so it’s well worth taking the time you need to clarify the different elements. Remember to factor in the overall cost that you will pay over the term. The longer the term and the lower the payments, the more interest you will pay overall.

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With the right time and planning, you can find the right lease and access the vehicles you need at the right price for you and your business.