Choosing a leasing broker
13th January 2014
... Comments

1) Are they recommended? This is the main one thing to consider. There are hundreds of adverts from unknown companies offering deals that can't be done so make sure you do your research and know who you are dealing with.


2) Can you visit? - Many consumer contracts come with a cooling off period, this can be reduced if you sign paperwork on trade premises. In addition you're looking to be looked after for the duration of your contract so it makes sense to put a face to a name.


3) Do they have a Consumer Credit Licence? Anyone can gather some pricing together and charge a fee but they must have the appropriate certification from the Government.


4) Are they 'BVLRA Broker Members'? The BVRLA is the trade body for the UK vehicle leasing and rental industry. All good brokers are members of this who abide best practice and high standards. Again many 'fronts' occur with a fancy website and no real back-up should things not work out for customers.


5) "And today we're a leasing company" Is it what they do or are they representing another broker or dealer group? This is called '3rd party dealing' which major leasing companies take seriously and will often lead to your contact being closed down. Also note that the more people in the chain the more people want profit out of your deal. 


6) Longevity. An established leasing broker will have access to dozens of finance arms and hundreds of new car dealer groups throughout the UK. They also have trusted preferred suppliers who don't let them (and in turn - you) down.


7) Accessibility. Dependent on the level of service you require. Some large brokers offer call centres whilst the 'bedroom broker' is available when they decide to answer the phone. An established company operates something like normal office hours with landlines and an office you can visit. You may ask to go and visit if you wish.


8) Big deposits. Unless you are ordering a very exclusive vehicle there is rarely any requirement to pay a large 'holding deposit' to anyone. Most first payments/deposits are taken by Direct Debit after the delivery of your new car or van and paid direct to the leasing company.


9) Dealer v's Broker: Most good brokers have access to the best dealer finance available in addition to their leasing partners. They will also compare this to any 'in-house' offers from the major leasing companies and their own suppliers to find a vehicle and contract that suits you.


10) Expert advice: A good broker will help you with more complex information such as tax implications, business funding v's personal leasing, fleet policies and such like. They can provide big fleet services to the small business market.

So that's it really Anthony K Associates have joined the Bestofrochdale as the only true leasing broker in Rochdale. 

Our website has hundreds of special offers and we offer as much help as you need to get the best for your money. 

 

 

More
About the Author

Rob N

Member since: 9th April 2013

Vehicle Leasing Expert at www.anthonyk.co.uk in Middleton, Rochdale.

I also help people start their own home-based business with a major UK Plc here's a short intro www.welovetheclub.biz for an info...

Popular Categories