Be Open Minded About Your New Lease Car And Save A Fortune

Friday, 14. August 2009

Unless you have money to burn now is not a good time to be too precise when it comes to selecting your next car. I recently explained that the rates between contract hire companies on the same car can be staggering but compare the rates for similar size and spec cars and it can be much worse. And its not just down to the purchase price of the car. Lets take as an example a Chrysler 300C, this is a great, value for money car in terms of what you get for your cash (it’s the Bentley looky likey car). Leather, auto and lots of gadgets. To buy an equivalent Audi or Mercedes would cost an additional £10,000 but currently the rates for the German cars would still be less. There are lots of factors that contribute to this phenomenon, covered in previous posts, but the point is that you will not get the best deals by simply looking at the on the road costs. Nor should you take a lot of notice of the retail adverts on the TV. We achieve better deals through the fleet departments, even with the extras given away on retail deals such as zero rate finance. It’s time to find a good broker and ask for his advice. Want a Vauxhall Insignia? You’d save a fortune with a Citroen C5 or VW/Skoda Octavia. Want a Mercedes ML, maybe the Audi Q7 rates would make it more attractive or in place of a Renault Clio the new Vauxhall Corsa could save the cost of a holiday. So try to keep an open mind and don’t write off the lesser known makes such as Chevrolet, Kia, SsangYong etc. the build quality may not be as high as a German car but when we had the last deal on a SsangYong 4WD those that took them were delighted, bearing in mind that they are fitted with Mercedes engines and tiptronic gearboxes. At a saving of over £200 + VAT per month you could get people guessing by de-badging the whole car. Let me know if we can give you some ideas at GHA Finance. By Graham Hill