Short Term Car Leasing vs Long Term Car Leasing
So you're thinking about taking on a new lease contract, but what should you consider before choosing your next lease contract? Many customers are sucked in to flashy finance and long term car leasing deals on the internet or from their local showrooms without fully considering the terms of the agreement they're looking at. At FastLease we've put together a "buyers guide" to help you find the deal that's right for you. If you're still struggling, why not call one of our advisors today for more information, on 0845 365 8070
1. Length of Contract: You should think carefully about the length of time you'd like to keep the vehicle for. With most car lease contracts there are penalties for handing the vehicle back early, and if your circumstances change, you won't want to be paying out termination fees when you still have to arrange yourself another vehicle! Many of the cheap lease deals on the market have contracts that last as long as 4 or 5 years - that's a long time to be stuck with a car if it no longer suits your needs! Here at FastLease. we've created a contract that is designed to last you 12 months, but works in such a way that you can hand your vehicle back at any time (providing you give us 28 days notice), with no additional charges for this. We call this a "soft termination" and it means that if you need to upscale, downsize or even get the bus instead, we're here to help.
2. Mileage Allowance: Just because you do 10,000 miles per annum now, doesn't mean that you're not going to need more (or less) in the next few years. Further to this, most of the cheap lease deals on the internet are based on mileages as low as 6,000 per annum! Here at FastLease all of our short term car leasing contracts come with 2,000 miles per 28 day period and if you need more, just let us know and we'll try our best to accommodate!
3. Payments: As a rule of thumb, the longer the car lease contract, the lower the monthly instalment. This can be a bit of a false economy for many businesses as older vehicles generally have higher running costs, with older vehicles being more prone to wear and tear charges at the end of the contract. At FastLease our contracts always include maintenance, road fund license and break down assistance - all you'll need to do is add insurance and fuel! on alll of our short term car leasing deals Because all of our contracts have a low initial payment and great value monthly instalments, we're confident we won't be beaten on price.
4. Credit Approval: Many companies are experiencing difficulties in obtaining credit. Failing to obtain credit for something as crucial to your company mobility could be potentially fatal to your organisation. At FastLease, we understand that every business is different, so speak to one of our advisors and we'll make leasing easier for you.
Don't delay, call one of our short term car leasing advisors TODAY on 0845 365 8070
