What is Car Leasing and Where can you find competitive leasing deals online?
Low interest rates here in the UK have given rise to an uplift in new car lease deals being signed. According to industry professionals new car lease deals are up some 200% on this time last year and the low interest rate coupled to the new wave of terrific fuel economy car and low or no road tax has seen people in their masses turn to car leasing as an alternative to buying a new car.
Competitive finance deals from main dealers and low deposits are enticing customers into prestige brands, yet car leasing companies offer a similar approach to this but, with a more affordable edge and personalised options.
According to sources at Car Lease UK;
Knowing which car to lease is perhaps the hardest decision a customer today has to make, the price and range of vehicles on offer is immense and so it can be a wise customer who does their research before looking for a car leasing company.
With the prestige car leasing market centred on business leasing contracts, personal lease customers are just as important to the industry with over half of all lease deals being written to personal customers. Self-employed car leasing and lease deals for those who are sub-contractors are also proving popular. Taking out a lease deal is easy and can be completed online or with a phone call, some documents are needed in order to be successfully accepted but, should you have a good or decent credit rating, own your own home or be employed then the likelihood of being accepted is increased greatly.
Some of the past 6 months most popular lease cars include the Range Rover Evoque, BMW X1 or X3 and Land Rover Defender. Also proving popular are BMW 2 series, Mercedes A class and Vauxhall Corsa and Adam. Diesel cars and estate cars are also highly popular with customers throughout this current quarter in 2017.
Mercedes Benz are one of the most popular lease makes and have dominated the 2016 market so far. Although the Jaguar F Pace is expected to eat into this market share once the new registration plates come out in September here in the UK. With the low interest rate set to continue to the end of the year there has never been a better time to take out a lease car for personal or business use, with the price of used cars rising steadily too the options available to customers on the open used car and new car market is diminishing and with terrific monthly discounts on offer from an increased range of competing lease providers means that the car leasing market has seen a fall in price for customers overall.
With car lease deals being tailored daily to the new influx of customers heading out online and searching for a new car lease deal is really something which thousands are taking advantage of.