Best Car Finance Deals – Six Top Tips For Comparing Car Leasing Deals
Print View | Html View
Written by: financeacar
Total views: 19 |
Word Count: 432 |
Date: Sun, 21 Mar 2010 |
0 comments
For the average car shopper, the car shopping process takes between 4-6 months from start to finish. Interestingly, 95% of this time is spent on comparing car make, car specifications and ‘On The Road’ price. This means that on average only 5% of the months and months of car shopping time is spent looking at how to finance a car. Ironically, if people spent a little more time comparing finance prices, they can save thousands of pounds on the cost of their car.
In part 1 of Best Car Finance Deals I provided three key factors to be considered when deciding between car leasing vs car buying. However, the comparison does not stop there!! If a car shopper decides to opt for car leasing, then there are a few key tips that he or she must consider when comparing leasing deals for a contract car.
If we take the example of two car leasing products (Contract Hire – for businesses, Personal Contract Hire – for individuals), when a car shopper is comparing prices, it is not just the monthly payment for the lease that should be considered as the key driver of the best deal. Sure, this is important but you need to ensure that you are comparing like with like. Therefore, to get the best contract hire deal for his or her contract car, a person MUST also:
1. ensure that the vehicle specifications are exactly the same. it goes without saying, but, some dealers or brokers have access to great deals and they may try to sell you a different car spec for the make and model that you thought you wanted and for which you have already obtained a quote;
2. be sure that the contract period (eg; 36 months) for each lease deal that you are comparing is the same;
3. ensure that the mileage for each lease deal that you are comparing is the same (and the cost of excess mileage);
4. ensure that the upfront payment (deposit) for the contract car is the same for each deal that you are comparing. This is usually 3, 4 or 6 months;
5. ensure that all quoted prices for monthly payment either: a. include maintenance; or, b. do not include maintenance;
6. ask if there are any fees in addition to the monthly fee and upfront payment (sometimes called introduction fee or credit acceptance fee).
You can obtain a comparison of all car finance products based on all of the above by using FinanceAcar.
About the Author
Simon Norman has more than a decade of experience working with top UK websites and comparison sites. He is a specialist on advising car shoppers on the advantages, disadvantages and complexities of car finance and car leasing. In particular, he has significant experience in advising on how to get the best leasing deals for a contract car. For more information on car finance or car leasing comparison visit FinanceAcar
Source: Best Car Finance Deals – Six Top Tips For Comparing Car Leasing Deals
http://www.financebusinessarticles.com
Rating:
Not yet rated
More articles in this Category
1 :
Understanding Vehicle Brake Systems
Modern automobile brake systems have been in existence for about a hundred years and technological innovation has developed them to become really safe and effective. A standard automotive braking system is made up of disc brakes on the front wheels as well as disc or drum brakes on the rear wheels. A tube system links the brakes to the master cylinder.
2 :
Choosing your Dallas car leasing company
Leasing a car can be a challenging task, especially when you're unsure what type of vehicle you are looking to lease. With hundreds of car leasing companies and dealerships in the Dallas area, it's hard to select the one that best fits your needs. You may be thinking, aren't all leasing companies and dealerships the same? Not exactly. Here are five tips to make sure you select the Dallas car leasing company that's right for you and your pocketbook!
3 :
Four by Four For Escapading and For Fashion
Modern society has become very dependent upon personal transportation for convenience, but for people who have wants and needs over and above convenience, we can afford check around for a car which will match our requirements and our character. You can find a large selection of vehicle designs available today. Vehicle designs differ plus the price ranges, speed and comfort. You are able to really choose from all the designs out there. The a variety of vehicles available ranging from four by four, sedan, the desirable hatchback and naturally the coupe.
4 :
To Go Second Hand Or Brand New
A lot of people need to find some kind of car for their family. One of the most well-liked choices is a double cab four by four type of vehicle. Now you ask , whether you should think about brand new or second-hand double cabs for sale.
5 :
A Bright Red 4x4 For Sale... Exclusively For Me.
Dreams are amazing things. You know, those wonderful daydreams on a care-free Saturday morning, which plays itself out in true Technicolor when you fall asleep and go over to the REM mode at night? Yes, that's when I dream of this bright red 4x4 for sale But, other than my pals, I don't see winches and snorkels and low range gears and massive wheels. Oh no - I see waterways and sand dunes and paths and savannah and even lions Yes, that's my dream in my red 4x4 for sale. My fantasy starts off with an empty red 4x4 having just been parked in my drive way and then I tip toe toward it, scared it could roar away.
6 :
4 Wheel Drive : Double Cab Or Single Cab?
With regards to investing in a four by four vehicle, you'll have two choices. You may either purchase your 4x4 as a double or single cab. Let us have a look at the 4x4 double cab and also the 4x4 single cab so that you can choose which is best for you.
7 :
Rising Acceptance Of Lithium-Ion Battery Packs
Why are Lithium-Ion battery packs common? Of every one of the metals, lithium would be the lightest. It's the highest electrochemical likely and provides the very best electrical power density for each pounds. G.N. Lewis et al pioneered the thought of Li-Ion battery in 1912. Even so, it absolutely was only in the early 1970's, which the earth acquired its 1st non-rechargeable lithium batteries for business use.
8 :
The Reason Your 4x4 Possesses The Capability To Become Your Dream Automobile
Possibly you are among those people who would love to own a Ferrari one day and there are certainly plenty of us who stare when we see one drive past in the street. Alas, this desire to possess this kind of fantastic automobile often has to stay a fantasy when one's price range is brought to bear. Then there's the functional element. The cost of re-spraying the side door of a Porsche which has been marked by an wayward supermarket cart is surely upwards of what we want to reflect on, and besides, where could we position the infant seat - two-seater sports cars are not really the best household automobile. On the plus side, there's an alternative to issues such as this which is in the shape of the 4x4.
9 :
PPS Car Insurance For All Pockets And Needs
In a perfect world automotive theft and car accidents would be at a bare minimum or even non-existent. Wouldn't that just be an awesome thing? Well, however in the real world theft and crashes are an unpleasant reality. One that needs to be planned for. Insuring your motor vehicle is of the uttermost importance if you wish to make certain you are going to be insured when disaster strikes.
10 :
Tips on how to use Jeep Touch Up Paint
To learn how to best use Jeep Touch Up Paint just read here. There is a lot to know and we have many tips for you.
11 :
The best way to use Dodge Touch Up Paint
If you would like to save some money by doing cosmetic repairs on your car then you need to learn how to use Dodge Touch Up Paint. Read here to learn how.
12 :
6 Mistakes And Just How To Prevent Them
Maintain car insurance coverage is compulsory in America, but motorists still make many mistakes when choosing a provider, plan, and when confronted with their service providers. You shall take the opportunity to choose what works well with you financially in addition to practically. Listed here are six common mistakes to prevent.
13 :
Desguaces para el coche
Los coches son nuestros amigos y nos ayudan llegar de una manera mas facil a las distinctas destinaciones que tengamos en cualquier momento.
14 :
How to purchase and apply Pontiac Touch Up Paint
If you need to find Pontiac touch up paint to fix your car you can buy it easily online. Read here to learn how to order and apply it.
15 :
Maintain A Porsches Good Looks With Porsche Touch Up Paint
If you need Porsche touch up paint then I am sure you are not too happy about it. You can get rid of pesky scratched if you do it correctly. Read here to learn how.
