Tips on Choosing a Car Lease Company

With personal car leasing on the rise, there are more and more companies out there pushing car leasing special offers.  Due to the increasing number of options available, it can become difficult to choose not only the car, but the leasing company for you especially if you are new to this area.  We’ve put together some handy tips as to how to select your car leasing company to best suit your needs and how to identify what those are.

Know the Difference Between Leasing Options

It’s important before you choose the company that you have a basic knowledge of the leasing options that are available to you.  There is Personal Contract Hire, where you pay monthly payments that are based on the expected drop in value of the car, or there is Personal Contract Purchase where you have the opportunity to purchase the car outright after your contract is up.  The option that you go for depends on what you pan to do with the car at the end of the lease. Have a think about that before searching for companies.

Research the Company

Have a proper look on their website to see when they were founded and what kind of experience they have – it will give you an idea of their reputation.  It’s also a good idea to go on social media or 3rd party review sites to see what kind of feedback other clients have added on there.  You will also get an idea as to how good their customer services are by the response times and the type of answers that they give to positive or negative posts.

Have a Look at the Deals they Offer

Most personal car lease companies have a list of deals they have featured on their website.  This gives you an idea as to the selection they have and if they have the kind of car that you are looking for. It could be that you are on the lookout for a luxury car or have a specific manufacturer in mind.  In which case, have a look to see if that’s something that they do.  

You will also find that most suppliers have outlines of the monthly payment plans featured onsite, so you should be able to get a fair guide straight away if what they are offering straight away. Some leasing offers can be found here, and will give you a transparent idea of costs and cars available.  

Hopefully with these top tips you will not only be able to find the right company for you if you want to lease a car, but you should have a bit more knowledge as to the kinds of deals that are on offer.  Remember the importance of selecting an established company that has a solid background and a good reputation amongst their existing customers.

Tom Brown
Tom Brown is an automotive market enthusiast living in the United States. He holds a diverse background in automotive marketing and enjoys utilizing that to produce insights into the inner workings of the industry.