Getting on the road is no longer enough — you want to be able to do it in a way that’s financially smart, especially considering how much your other bills have gone up. The good news is that car leasing is a highly accessible method of car financing that allows you to drive away in a brand-new vehicle for a price that works for you.
To make sure you find the right deal, we’re going to shine a light on the key differences between standard leases and special lease offers. Let’s start with the basics.
What is a car lease?
You can buy a car outright by paying the sticker price on the window, or you could lease it. Standard leasing involves paying an initial payment followed by fixed monthly payments for the duration of the leasing agreement. The contract will typically be anywhere from 2-5 years long and the size of the monthly payments will be determined by the type of vehicle and how much you put down initially.
The main advantage of a car lease is that you don’t get lumbered with a car that has lost at least half its value as you try and sell it to finance your next vehicle. The leasing company retains ownership of the vehicle at every stage, meaning that all you have to do is return it in good condition and within the mileage outlined in the contract.
What’s included with a standard car lease?
Standard car leases will cover the vast majority of things you need to get on the road without delay, including:
- A clear and transparent initial payment that is typically significantly less than if you were looking to own the vehicle outright
- Fixed monthly payments for the duration of the leasing agreement with no obligation to buy at the end
- A specified maximum mileage and an obligation to keep the car serviced and in a good state of repair
- Many standard leases will also allow you to bundle in the manufacturer’s warranty and road tax as part of the deal
While this may sound like job done, there are some even better offers out there, provided you know where to look.
What is a special lease offer?
If you take a look at some of the leading Car Leasing Special Offers you’ll see online, you’ll find that they typically include a couple of highly attractive extras:
- Free delivery direct to your door typically comes as standard and makes the leasing process that little bit simpler
- Options to pay nothing upfront (albeit with the potential for a slightly higher monthly payment) help spread the cost so you can get on the road easier
More and more drivers in the UK are taking advantage of these types of special leasing offers because they provide even more flexibility. They will also give you access to the very latest models that are equipped with cutting-edge entertainment systems, ergonomic driving adjustment systems, and the very latest safety features.
All you have to do now is make sure that you’re looking in the right place and everything else will take care of itself.
How to find the right special lease offer
The best approach is always to contact a car leasing specialist so that they can guide you through your options. By having a clear dialogue with a single point of contact, you can greatly speed up the process of getting your new vehicle and putting the keys in the ignition for the first time. Ideal when you want to take the stress and guesswork out of finding the best deal, all so you can sleep easy knowing that you’re making your money go so much further.
Can you find a special lease offer yourself?
While in principle you could find a special lease offer, our experience is that the many hours of late-night googling are rarely worth it. Connecting with a car leasing specialist will help you discover special offers that may not even be advertised online right now, especially if you have your eye on the very latest model that is just about to be released into the market.
Final thoughts
Car leasing is a simple, low-stress, and highly cost-effective way to drive the very latest model. Rather than being stuck with a depreciating asset you then have to try and sell to finance your next vehicle, you simply hand it back to the leasing company and shop for a new vehicle.
If you want to make the latest models even more accessible, the free delivery and zero-upfront payments available with special lease offers can be highly attractive. Just remember that you may end up paying a slightly higher monthly charge as a result and then make sure to budget accordingly.
