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What makes one leasing offer better than another for you?

08 November 2020
 

This is one of the many things that make the leasing industry a minefield in terms of finding the best option for your specific requirements.

Main franchise dealers typically are not interested in Contract Hire/ Leasing as they know that the margins are very slim and that it is such a competitive market to be in, so they invariably push the products that are likely to make them more revenue, i.e.; (PCH) Personal Contract Purchase is one of them, this is one product that you can bet that you will be offered at some stage if you visit a main dealer.

This product might suit people who wish for an opportunity to own the vehicle at the end of the contract, however if you have no inclination to actually buy the vehicle at the end of contract then this may not be the right product for you.

The reasoning behind the great differences in some contract hire/leasing prices is quite simple really, when you come through a broker via the internet you have usually shopped around and found what you perceive to be a good or even the best price available. This sometimes may not be actually what is seems as some advertisers will offer a lesser monthly option but actually the overall cost of doing business with them could be more expensive as they have a much larger fee for their services, this is something to be aware of.

Some advertisers are limited to the options that they have in terms of where the offers come from and the levels of support/discount they can achieve from their suppliers which ultimately affects the offers they can provide, again this is something to be aware of.

Please feel free to ask us any questions that you may wish to clarify and we will be more than happy to do our best to address them.

 

Here at My Car Solutions we have many video reviews and editorials available on our site to assist you with information and our new Auto Expert free research tool is available for you to make comparisons on most manufacturers models. Auto Expert