If you are conducting research online as to your next lease vehicle, you should not be put-off from using a credit broker who is not based locally to you. To ensure you have a proper, and safe experience, there are a couple of practical points to note when looking for a new lease car credit broker:
· Basic company details – check on the website that the company number, VAT number, BVRLA number and FCA number are displayed. You can check these with the relevant body free of charge to ensure that everything is correct;
· Quotations – try to work on the basis of 3 quotations. Be careful of searching through too many websites and looking at too many different vehicle options, as this is likely to cause confusion. When you receive a quotation, ensure it is based on a “like for like” basis i.e. the same initial rental, term, vehicle and administration/documentation fee – don’t just use a monthly-price;
· Vehicle – check with the credit broker, or finance company, as to the availability of the vehicle. If you need a vehicle as soon as possible, you need to procure a stock or allocation based deal as a factory order can take upwards of 20 weeks to arrive with you.
While a factory order may be substantially cheaper, if the vehicle is not available within your time frame, then the deal is not suitable for your needs and requirements.
Many modern customers will simply use our online facilities to organise their new car. However, for local customers it is possible to visit the team both to obtain 1) quotations; and 2) to collect their new vehicle.
With regards to the latter, we understand there can be some trepidation in arranging a car to be delivered to your home or business address, However, to manage our local customers, we will take delivery of your new vehicle and conduct all necessary checks and reviews, so that you can then visit the team for a full handover.
As we work alongside most manufacturers, we can discuss the operation of the vehicle from a practical perspective to ensure you get the best experience.
Above all, make sure you conduct your due diligence before progressing with a car. If you have any concerns, raise this with the credit broker or finance company before you commit to the new vehicle. To learn more, watch our lease car FAQs video below…
