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Car Leasing Deals

Not sure on how to get the best deal on your car lease? Nationwide Vehicle Contracts shares our top five tips to save you money

Everybody is looking for the best deal they can get, from daily shopping to mortgages - and leasing a car is no different.

You want just what you want at a price you can afford - and the deal is out there; you just have to look for it.

So, just as you would do for any 'big' purchase, take your time and do your research so that you don't find yourself in a self-imposed financial hole in the future.

To help you, here are 5 steps towards getting the best deal on a car lease.

1. Shop around for the best price

As obvious as it may seem, shopping around for the best price on the type of car that you have decided on is imperative.

You will have, in your mind, a fixed idea of what it is that you exactly want, but is it really what you need as well? Driving around in a sporty car with all the bells and whistles that you can get may be the dream but when it comes to getting a family around, along with all the paraphernalia that comes with them, is it a practical choice?

And your colleague/friend/family member may well have got a good deal from their leasing company, but there are deals around all the time from others - some good, and some not so good - so make sure that you take a look around and investigate the truth behind the figures before making a decision. After all, leasing a car isn't as expensive as you may think, but it is still a chunk of money out of a monthly expenditure calculation. 

2. Consider pre-reg/stock model

The name may initially put you off, because the very phrase 'pre-registered' may make you think that you are not getting a NEW car - but you ARE! Because pre-registered cars are merely new cars that have already been registered with the DVLA and therefore are already in possession of a number plate.

You will have to compromise slightly on things like extras and colour because these cars are 'leased as seen' but you will get the car on the road quicker because it doesn't have to be built for you. It is this speed of sale/lease that is one of the main reasons that cars are pre-registered by dealers and finance companies.

And you will find that pre-registered cars are often a little cheaper, and often found under 'CAR LEASING DEALS' on leasing company websites.

To read more about pre-registered vehicles, and the pros and cons of them, click here.

3. Check Complete Care

When calculating your budget for your car, you should remember to allow for breakdown cover, maintenance and all the other little 'events' that can potenitally pop up during your contract.

One thing that you can do to protect yourself is to take out a Complete Care package which may turn out to be cheaper than your budget estimations.

A Complete Car package from Nationwide Vehicle Contracts is an all-inclusive style package which includes maintenance, insurance, breakdown, accident management and shortfall protection that allows you to lease a fully insured vehicle with everything you need in one simple, hassle-free package. And it may even work out cheaper than purchasing all these products separately.

Check out the video below for even more details.

4. Compare different terms

When it comes to the terms of your lease, once again you are in control, and you can use these to your advantage when it comes to getting the best deal.

  • You can choose how long your lease is taken out over from a period of 2, 3 and 4 years with monthly payments decreasing the longer the time period.
  • You can choose how much your yearly mileage estimate will be, with smaller numbers meaning smaller payments as wear and tear on the car's engine will be less with smaller mileages and the car's worth will be more too at the end of the contract.
  • You can also choose how much of an initial payment you make with monthly payments smaller the more you pay upfront.


5. Check for extras

Always check with your leasing company if there are any special offers on at the time of your leasing application period. There are usually offers on with different makes and models throughout the year so take advantage of these.

For example - Nationwide Vehicle Contracts are offering 2 free services with certain Volkswagen and Audi models at the moment.

You can also check with the leasing company if there are any offers available via online ordering such as Nationwide Vehicle Leasing have when it comes to reduced price servicing, breakdown cover, MOT and tyre fittings for all our customers ordering this way.

To find out just how Nationwide Vehicle Contracts can help you get the best deal on your new car, CONTACT one of our customer service representatives who will be pleased to assist you.