Leasing a new car or van can be a daunting move; with many different companies and options available, it can be hard to know what is genuine and what is best for you. Pendle have comprised this list of our Top 5 Tips to leasing so that we can help alleviate some of the possible concerns you might have.
5. Check for admin, doc and hidden fees- many leasing companies charge admin and doc fees; these are additional fees that the company charges for completing the paperwork and other small tasks. This costs should be made clear to you from the start but it is always worth asking how much these costs are. At Pendle, we do not believe in charging ANY admin or doc fees at all, so this is one less worry if you choose to lease with us.
4. Knowing the options available- there are many options available for leasing a vehicle and it can all be rather complicated if you are a new to the concept. Acronyms and jargon, such as PCH, Finance Lease/Purchase, are not necessarily the easiest to follow. Do not be afraid to ask the sales-person to explain all of the different options available, with advantages and disadvantages to each, before making an informed decision on what is best for you. Fortunately, on our website under the section Financial Information we have already done all of this for you in an easy-to-read format.
3. Read reviews- never just take a sales-person's word for how great their service and after sales care is. After all, the customer reviews will you tell more about the business' reliability than a sales pitch will. To see an example of what the type of customer reviews you should look for, read through Pendle's testimonials; these can be found under the About Us tab.
2. Keeping the vehicle in good condition- it is important to maintain the car to the best standard that you can. Naturally wear and tear will occur when you have the car for several years, but general wear and tear is expected and not chargeable. However, returning the car in a damaged state is likely to not be considered wear and tear and may be subject to charge. Always thoroughly read through your lease-end requirements in your agreement for details on the quality and standard the car is expected to be returned in.
1. Make sure the leasing company you decide to use are BVRLA registered- just as you would not use a plumber who is not Gas Safe registered, we do not recommend using a leasing company that are not BVRLA registered. This is by far our most important tip. Look for the BVRLA logo somewhere on the company's website (our's can be found on the bottom left of our webpage! Our registration number for the BVRLA 1511) The BVRLA "assures the customer that they should expect the highest level of professionalism and integrity when using a BVRLA member." BVRLA Leasing Broker Code of Conduct.
Of course, there may be more questions that need answering before you go ahead with your lease. Give us a call today to speak to one of our friendly staff who will be more than happy to guide you every step of the way: 01277 549500.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 01277 549500
Pendle Vehicle Contracts Limited
No 5 Langford Court
Registered Office : Excel House, 1 Hornminster Glen, Hornchurch, Essex, RM11 3XL
| Company Reg No : 6361003 | Data Protection No : Z197379x | VAT No : 921 6522 42 | BVRLA membership No : 1511
Pendle Vehicle Contracts Limited is authorised and regulated by the Financial Conduct Authority. We are a credit broker and not a lender and deal with a panel of lenders. Registration number : 679369
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