Things to Consider Before Signing Your Next Lease with Select Leasing
Select Leasing Guide
- Get a Car That You Like
The nature of leasing deals is that you’re going to be committed for quite some time, perhaps as long as sixty months, depending on the term that you select so we recommend that you take your time and go for a car that you really like. Do your research so that you understand things like pricing, fuel economy, insurance rates and so on, in educating your decision to choose the best car for you, as Select Leasing explains.
- Go for reliability
Just following on from our last point, and keeping in mind that you’re likely to be committed to the car that you select for some time, it is a sensible idea to do some research on the cars that you like, particularly as regards their reliability rating. The last thing that you want to do is to sign a five year lease on a car that is renowned for reliability issues, and is prone to breakdowns.
- Book a few Test Drives
You won’t really know if you like a car or not until you have sat in the drivers’ seat, and felt how it drives. To know if this is the car that you want to drive for the next number of years, there is no substitute for a good old-fashioned test drive and we recommend that you test drive at least ten different cars to get a feel for the car that you will eventually lease.
- Carefully Read the Terms of the Agreement
Leasing a car is one of the larger financial transactions that you will commit during your lifetime, and so it pays to give the written agreement your utmost attention. You want to know in detail what you are and are not responsible for, so that you are misled or pressured into accepting terms that are not in your best interests.
- Work with people that you like and trust
Car leasing as we have already stated is a major financial transaction, and creates an ongoing relationship between you and the leasing broker for the duration of the lease. With this in mind it is always a good idea to work with people that you like and trust, as this is going to be the most likely to result in a harmonious working relationship.
- Negotiate the deal
Everything can be negotiated. When you start with the premise you will understand that leasing deals do allow wiggle room, and you do not need to adhere to the sticker price or the leasing broker’s first offer. Take your time, shop around and do not allow yourself to be dazzled into accepting a deal that is not as good as it can possibly be.
If you follow the advice that we have outlined, you will be much more likely to agree a car lease at an excellent rate, and one that you will be happy to drive for the duration of the lease.