Car Lease

redcard

I'm looking at into getting a leased car, either personally, or through my employment. I'm not looking for anything spectacular, and have a budget of around £150-£200, and would probably be looking for 2 years.

I've had a look at some car leasing sites, and they don't fill me with confidence - I get the impression most of them are brokers and will pass my details onto 3rd parties

Anyone got any experience with car leasing?

jaydeeuk1

Lingcars is a site that was recommended to me - haven't used them though but they do act as a broker, however they claim to be able to offer better prices than elsewhere.

Eric_Pisch

There all brokers unless you go to a Main Dealer but then you lease will cost you tonnes more.

Ling's team worked very hard trying to fit my very specific requirements, there service seams to be excellent.

There prices are very low as well.

Ling does hang around on here, Im still trying to get a go in here rocket launcher (im not joking)

http://www.lingscars.com/

plane_boy2000

Ling is a broker - I can recomend her - my current car is from her. Ling supplied it for the same montly payment inc VAT as the local dealer wanted ex VAT

Ling_Valentine

Redcard - everyone has to pass your details to a finance company to get the car funded. This is whether a dealer, or a broker.

Dealers (generally) have just one route to finance - the manufacturer finance route, brokers have many. Also, just look at the dealer overheads, they have to pay staff to sit in fantastically expensive showrooms and fund all the cars etc, meet brand requirements - easily over £1m to establish a BMW dealer for example, and can only fund their own cars.

I can find the cheapest cars in the UK, play dealers off each other to do the cars for target numbers, get finance from multiple sources etc etc. Plus I have very low overheads - my website and office deal with 400+ applications a month. I do not have to fund any stock ( a very expensive business), demos and all the other stuff. My total overheads are probably smaller than just the heating bill for a BMW showroom.

All cars are brand new from UK dealers - but via fleet departments and don't carry the retail overhead. Often the cars do not visit the dealer, they get delivered direct to the end user.

You can verify brokers' bonafides easily by searching on Google. For instance, references to my business extend to 50 pages of searches! It is true many brokers are here today gone tomorrow, many are not internet businesses but telesales-based with a website. I think I am the only 100% web-based car leasing business in the UK. I deal everything online, in a secure environment (LINGO) with extended validation, fully transcripted. I have 1,500 fully published, fully attributed testimonials online with addresses - most businesses struggle to publish 10 and then they are unattributed, eg: Mr Smith, London. (made up rubbish).

Hope that helps. Of course, I would advise everyone to shop around, but beware sites hiding or advertising cars ex-vat (illegal), advertising cars that don't exist, old deals etc etc. Of course no one can always have the best deal. I would be very wary of comparison sites, my experience is that people advertise unavailable made up deals with hidden charges and large initial rentals to lower the monthly cost. Most websites are very un-maintained. I live inside mine, and all my deals are on the same 3+ basis so can be compared on a level playing field. I have over 10,000 online, the most in the UK. Most websites struggle to list 50 cars, with incomplete details.

Plane_boy, thx

Eric, here are some photos of my rocket truck, I got it out of the storage and back to my office to repair the UV damage (you see on top of missile if you squint) over the past 4 years.



Getting uplifted (I used recovery truck as I did not want a possible breakdown on the A1, the Highway Agency are like Nazis around Newcastle:



Back at office: