Barnoldswick, Lancashire -- (SBWIRE) -- 08/17/2017 -- Consumer Reports is an online magazine which publishes reviews and news on a variety of things, including cars. They have recently updated their site and published an article titled 'Keys to Understanding Car Leases', this article details everything which people need to know about a leasing contract and also provides top tips on how to get a smart lease.
Some of the essential elements of a leasing contract which is featured in the article are as followed:
- Capitalised Cost. This is an agreed price for the car, this is after deducting any down payments or trade-ins, the money which is left is what the leasing companies investment is on the car.
- Term. In a leasing contract the length of the lease is often stated in months, the most popular length is thirty-six months.
- Mileage Caps. This is how many miles' people are allowed to drive before they get a penalty, however people are allowed to purchase more miles during the leasing contract – however if people sign a contract for high miles and do not use them, they will not get re-funded.
A spokesperson from another leading UK based car leasing company, Get Car Leasing Here, was incredibly keen to comment saying, "This article is a great read for people who want to learn more about leasing. Leasing has become incredibly popular over the recent years and it is beneficial to know as much as possible before chosen to take out a leasing contract. This article is a great read and doesn't just provide you with key leasing elements, but also gives the customer tips on how to get a smart lease. Here at Get Car Leasing Here, we can provide a wide range of leasing contracts both for business and personal, for further information give us a call."
About Get Car Leasing Here
Get Car Leasing Here is a leading personal and business leasing company in the UK. They have a wide range of different types of leasing deals covering all models and manufactures. For further information on what they offer, simply visit their website today.
Company Name: Get Car Leasing Here
Website URL: https://www.getcarleasinghere.com/
Contact Person: Karl Mather
Contact Number: 01282 544532Contact
Address: Get Car Leasing Here