Top Tips to Car and Van Leasing
If you are new to car and van leasing, there can be a lot to consider and take in. Understanding what contract type is best for you and the ins and outs can be quite daunting. Pendle Lease have a comprised a list of 5 things to help make your leasing journey that bit easier.
5. Check for any hidden fees, including admin, doc or processing fees
Many leasing companies charge admin, doc and processing 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. These vary from each leasing company, and often range from £150 + VAT to £500 + VAT. At Pendle Lease, 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 and leasing deals available, 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. Commonly, when people refer to a 'lease' they are talking about Personal Contract Hire (PCH) or Business Contract Hire (BCH). All of our staff are trained to recommend the best product for you and your needs.
3. Read customer 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, give our reviews a read!
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.