Posts Tagged ‘vehicle leasing’

« Older Entries
Newer Entries »

Cut Your Fleet Costs And Rent

Sunday, September 19th, 2010

We find ourselves in what is being called an ‘austerity economy’, the government is cutting public spending while increasing the amount of money that is being drawn from the public purse in the form of taxes. And that’s a fine economic model, obviously cutting spending while increasing income is the very definition of getting richer so how can you apply this to your fleet?

If your company owns its own fleet vehicles then obviously you’re liable for maintenance, upgrades and replacements, fuel, insurance, taxes, everything. That’s a lot of spend to keep your team on the road.

But you need to keep your sales team on the road so that’s unavoidable, right?

Well, not if you look into car leasing and contract hire options.

Contract hire allows you, as a company, partnership or sole trader to rent a fleet car where your monthly premiums remain unchanged for the rental period. The fall in value is borne by the rental company and not by you. Because insurance and maintenance are all taken care of you have a predictable cost making budgeting simpler and time consuming factors such as selling old units, dealing with garages and workshops can all be avoided. This is as true for van contract hire as it is for car rental.

Car rental on the other hand is much like rental only for longer periods and that means better terms for you.

Renting your vehicles can mean that after the first year you should be able to get better terms on your monthly rental fees, the standard practice here in the UK is to request an initial payment to the value of the first three months followed by 35 standard monthly payments, for example. The mileage on these contracts is generally assumed to be 10,000mpa but you should be able to negotiate if your experience leads you to believe your vehicle usage will be different.

 

Tags: , , ,
Posted in General | Comments Off

Vehicle Lease Transfer Explained

Wednesday, July 21st, 2010

Getting Out of Your Car Lease

In recent years an increasing number of both individuals have decided to lease their vehiclers rather than buy them. People are finding that leasing will provide them with the transport that they need at a monthly cost which is more affordable than a comparable loan to purchase the vehicle that they want.

One of the negative aspects of leasing is that you are required to sign up to an agreed lease period and this is what determines your monthly repayments. Typically these are 2, 3 or 4 year terms. But what can you do if, during that period, you need to change your vehicle for some reason? This may be because your circumstances have changed and you can no longer afford the repayments or maybe the vehicle is no longer suitable for your needs.

Under these circumstances a lease swap maybe just what you need. Many suppliers who provide lease cars and vans will have their own lease exchange programs, but there are also a number of specialist businesses that deal with lease swaps.

The term lease swap is actually a bit misleading as you don’t actually swap your lease. Your existing vehicle lease needs to be transferred to someone else. It is worth noting that not all vehicle lease contracts actually allow transfer, so pay attention to your contract small print.

One way that you may choose to swap your current vehicle lease is to sign up to one of the online services offering this facility. If you are the person who wants to exchange their lease then you would be considered a seller and anyone interested in taking on your lease would be considered a buyer. Buyers can benefit significantly as they are not required to provide a lump sum down payment as this will have already been paid by the curren lease holder.

There is usually fee to be paid to the organisation providing the lease swap service. You will also probably encounter a charge from the leasing company for processing the lease transfer. You should also not overlook the need for gap insurance , essential when leasing a vehicle.

I recently used a lease swap web site to get a short term Fiat lease which has save me a lot of cash.

Tags: , , ,
Posted in General | Comments Off

How To Get Out Of A Car Leasing Contract

Saturday, April 17th, 2010

Even if you have signed a car lease contract there may come a time when you want to get out of the contract. After all, we don’t know what the future can bring and what we can afford today we may not be able to afford tomorrow. It can be quite nerve wracking if you decide that you are going to try to get out of this contract. Many people feel that it would be just better to stick with the contract because of the hefty penalties that they will face for terminating the contract. But you do not have to be stuck with a car lease as you can always look at selling the contract. Although you can still expect to lose some money it will not be as much as you would lose if you just terminated the contract early.

 

Although many car leasing companies will let you sell your car lease, some of them won’t so it is worth finding this out. It is also important for you to realise that the person who buys your lease will probably not want to pay the same amount that you have been paying each month so you will have to cover the shortfall. The next thing to do if you are permitted to sell the lease is to find someone who will buy the lease from you. There are now agencies to help you do this that you can find online or through car magazines.

 

Before you decide that you want to finish up with your car lease you should think carefully. You will in all likelihood lose money if you do this but the amount you lose will be the main question you should be asking. So before you decide to sign a car lease contract you should be fully aware of what you are getting into. But car leasing is always going to carry an element of risk as nobody can predict how their finances will be a few years down the road.

 

If you feel you want to look into car leasing, having a look at the different types availble to you is the one thing you should try to do. You never know, you may end up with peugeot van leasing or even renault van leasing options.

Tags: , , , ,
Posted in General | Comments Off

How to Choose the Best Car Leasing Deal

Saturday, April 10th, 2010

If you want to be able to drive a brand new car but can’t afford to buy one then car leasing might be the answer you are looking for. Even though car leasing means that the car you are driving will never be yours this may not be a big issue for you if all you really want is to be able to drive a brand new car. Leasing cars makes it possible for people to drive away in big name cars that they could otherwise never be able to afford. But not all car leasing contracts are the same and some companies offer different features in their leases so there are a few things you will need to consider if you decide to lease a car.

 

The main focal point of car leasing is the contract. Before you sign a contract you should be aware of all the clauses and what they mean to you. The contents of your contract will enable you to determine how good the lease is, so it is a good idea to read it fully however confusing it may appear.

 

There are a few things you will need to consider about your contract.

 

- There will be a time period set for your leasing contract. Most car lease contracts will be on average three years but it is possible to take out a lease for a little as one year at a time. As well as the period of the lease there is also likely to be a millage limitation. You will be charged a fee for every mile that you go over your allowance so it is a good idea to be aware of what your limit is. If you will be doing a lot of driving then the mileage allowance is something that you should think carefully about before you sign up.

 

- There will also be a lot of differentiation when it comes to the initial costs of car lease contracts. Sometimes car lease contracts will require you to make a big initial payment.

 

- There may be other fees such as administration costs so it is a good idea to check this out.

 

- Evaluate the extra benefits that are on offer with each contract. An example of a benefit could be the provision of a car if your car has to be repaired.

 

If you feel you want to look into contract hire, having a look at all the different models available for selection is the best thing you can do. Ultimately you could enjoy skoda car leasing or even volkswagen car leasing options.

Tags: , , , , ,
Posted in General | Comments Off

What Makes A Good Car Leasing Company

Thursday, March 18th, 2010

If you are thinking about car or van leasing for the first time, then you will want to know which is the best leasing company to choose. By knowing what factors make a good car leasing company, you may find it easier to choose the best company for you. Remember that car leasing is a contract which you will be entering for around three years so it is important to choose a good company that you will enjoy doing business with.

 

The reputation of a car leasing company is equally as important as the reputation of a good insurance company for example. It will make you more likely to want to do business with a company if they have spent time building up a good solid reputation. It is always beneficial to make sure that you check out company reviews to see what others think of their service. If you are trying to decide which company to go with, it can be quite helpful to check out the feedback from existing customers.

 

By comparing the various offers from different companies you can be sure to get the best deal. You can make sure that your needs are met both financially and practically if you look at a number of different companies.

 

Once you have found a good deal and are happy with the customer reviews of that company you can check out their customer service. You can ask for help from the customer services representative of the company regarding any queries you may have. If they are prepared to take the time to answer your questions and deal with your concerns then you can be assured that they will be good to deal with.

 

Before you choose any car leasing company, make sure they are well known and that they have plenty of deals which will suit your needs. You can make sure that you are getting the best value for your money by looking around.

 

When you have to search for different contract hire, having a look at all the different models available for selection is the best thing you can do. Ultimately you could enjoy volkswagen van leasing or even chevrolet car leasing options.

Tags: , , , , ,
Posted in General | Comments Off

Tips For Car Leasers Who Might Have High Mileage

Wednesday, March 17th, 2010

When you take out a car leasing contract you will be given a mileage allowance for each year. If you go above this limit you will be expected to pay more money. This could mean that you will have to pay a large some of money when your car lease expires if you are someone who does a lot of driving. But there are things that you can do if you are a high mileage user to ensure that you do not pay out too much at the end of your lease.

 

You should be aware that not every car lease is going to be the same. When it comes to mileage allowances, some contracts are more favourable than others. If you intend to be driving a lot then you should look for a contract that will either offer the highest millage allowance or find the contract that penalises you the least amount. Although you will have to work out all the figures before you can decide upon the best deal it is something that is very important. And don’t be afraid to ask for a better deal such as a higher mileage or a lower price per mile over the allowance as the only thing they can do is say no.

 

There are other things that you should be looking at in the contract as well as the mileage allowance. Some contracts may not be great for their mileage allowance but may be better for other things. You should base your decision on the contract that will cost you the least in the long run. If you think that you will have to pay a lot for going over your mileage then you might have to stop driving your car towards the end of the contract or at least, limit the amount of driving you do.

 

When you have to search for different contract hire, taking a look at various models prior to deciding on which one you require is often the best way forward. You never know, you may end up with LDV van leasing or even mitsubishi L200 leasing options.

Tags: , , ,
Posted in General | Comments Off

Used Car Leasing What To Know

Wednesday, March 10th, 2010

Used car leasing can be a good way to get your hands on relatively new car at a reasonable price.

 

If you want to be able to drive a car and have the use of it for an agreed amount of time then you could try car leasing. It is cheaper to lease a car and be able to change it every few years than it would be to try and buy a new car every few years. Not everyone will find car leasing right for them as it has some downsides as well as upsides.

 

Is it better to buy or lease a used car?

 

It can be risky to purchase a used car. Some people choose to borrow the funds to get their used car which can mean that by the time the loan is paid off, the used car can be quite old. Although buying a used car means that you will actually own it, this can sometimes have its disadvantages. Leasing a used car can mean you can afford to drive something nice for a few years; something that would otherwise be out of your normal price range. Even though you may not find car leasing to be that economical, it can be a superb way to be able to drive around in a nice car.

 

Is it better to lease a new car?

 

It can actually be quite expensive to lease a new car. The reason that used car leases actually exist is because of the fact that others could not complete their new car lease contract.

 

Used car leases are normally for cars that are less than two years old and car leases tend to last for only three years at most. This should ensure that you are driving something in good working order. Paying the extra money for a new car is the ideal way of car leasing, but not everyone can afford this. Leasing a used car can offer a reasonable alternative. But used car leasing options are not as varied as with new car leasing so it is good to know this.

 

When you have to search for different contract hire, taking a look at various models prior to deciding on which one you require is often the best way forward. You never know, you may end up with nissan car leasing or even peugeot car leasing options.

Tags: , , , , ,
Posted in General | Comments Off

Knowing All About Car Leasing Contracts

Wednesday, March 10th, 2010

It is important to understand whether or not you are getting a good deal when you choose to lease a car. You should make sure that you are fully aware of all aspects of the contract, no matter how confusing you may find it. Here are some things you should think about.

 

- You are sure to find that your car leasing contract will have a cap on the number of miles you can drive a year. It is usually about 10,000 miles a year. If you go over this limit then you will have to pay extra for every mile. Before you sign the contract, you need to be aware of these costs.

 

- If you have a “closed-end lease” it means that you will be just be able to return the car at the end of your agreed upon lease time.

 

- Some car lease companies will require that you have been credit approved before you can take out a lease. You may have to have a fairly high score which can mean that some people will not be able to lease a car.

 

- Some contracts will be subject to a cap cost reduction. An amount of money as a down payment is required in this instance.

 

- Check out the contract to see what maintenance will be covered during the term of the lease. Some of the more expensive models can come with generous maintenance provision.

 

- When you are comparing different car leasing companies you need to look at the full picture before deciding if it is a good deal or not. Shop around and if you are going to be using the car a lot then make sure you also consider the cost of extra millage above the yearly amount.

 

Some companies will expect you to pay a deposit as well as your down payment. This is usually equivalent to the amount you will be paying every month. That means that on the first month you may have to pay two months money.

 

If you really need to have a look at the different contract hire, having a look at the different types availble to you is the one thing you should try to do. At the end of the day, you may end up with jeep car leasing or even land rover car leasing options.

Tags: , , , ,
Posted in General | Comments Off

Should You Choose To Lease A Car In 2010?

Wednesday, March 3rd, 2010

Car leasing is a good option for those people who love to drive a new motor, but just couldn’t afford to purchase something new every few years. Leasing a car means that you do not own the car but that you pay money to the leasing company in return for the use of the car. You will pay a fixed amount to the car lease company for an agreed upon length of time. The amount you pay each month will depend upon the amount of mileage you expect to clock up.

 

Although it is not especially economical to choose car leasing. On the other hand, leasing can allow you to drive new cars that you might otherwise have no opportunity of purchasing. At the end of your lease you are left with nothing, but this is a small price to pay for some people who just don’t like driving old cars. A lot of people just take out a new lease once their old one has come to an end which is usually after a period of three years. If you want you can change every year, but this will be more expensive.

 

The worldwide recession has led to a fall in the amount of people that are buying new cars. Even though many experts expect 2010 to be much better economically, many people are still not prepared to take that big leap and to invest in a brand new car. Choosing to lease a car can mean that those who want to drive a new car can do so without their bank accounts taking a big hit. It also means not having to commit themselves to years of loan repayments for a car that will have suffered a lot of wear and tear by the time that they are finished paying.

 

Remember though that car leasing means entering into a contract which you should be fully aware of.

 

If you really need to have a look at the different car leasing, having a look at the different types availble to you is the one thing you should try to do. You never know, you may end up with jeep car leasing or even lexus car leasing options.

Tags: , , , , , ,
Posted in General | Comments Off

Benefits of Van Leasing

Sunday, January 31st, 2010

 

It can be quite expensive for a company to buy vans for company use, so van leasing is a great alternative. Van leasing provides many advantages over buying so it is the ideal solution. Many companies do not have the funds available to purchase vans and could do without the extra responsibility of owning vehicles. That is why van leasing is perfect as it allows companies to be free of this responsibility while still having the use of the vans.

 

When a company purchases a van, they will have to sell this off before being able to purchase a new one, whereas with leasing, they can simply replace the van with a new one under a new lease agreement. It is a very desirable trait in a company to be able to change your vehicles every few years. Driving well maintained vans and being able to change your vehicles often is great for a company’s image.

 

You can also expect your monthly payments and any upfront costs to be less than those you would have to pay if you bought the vehicles. However, it is still important to make sure you know as much as you can about leasing before entering into any agreement. You will want to get the best deal for your company and there are plenty of varying offers available.

 

An important factor when looking for a van lease is to ensure that you know exactly what your company requires from it. Take time to read all the terms and conditions to familiarise yourself with everything. You should make sure that there is adequate maintenance cover in the lease if this is something that you would prefer to avoid. By comparing deals from various car leasing companies, you can make sure that you get the best deal possible for your company.

 

When you have to search for different van leasing, having a look at all the different models available for selection is the best thing you can do. At the end of the day, you may end up with land rover car leasing or even mazda car leasing options.

Tags: , , , , ,
Posted in RV | Comments Off

« Older Entries
Newer Entries »