National car lease deals
When you lease a vehicle you are paying for its depreciation, plus interest, tax and some fees. So if you choose a car that holds its value, or depreciates less, your lease payment will be lower.
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If you choose a car that holds its value your monthly lease payment will be lower. Many car websites and magazines publish annual lists of good lease cars. These widely advertised deals provide a low monthly payment by tweaking the leasing formula in one of a number of ways, such as offering a low interest rate. Using a pricing website, such as Kelley Blue Book , Edmunds. The invoice price is roughly what the dealer paid for the car and it represents the lowest price you are likely to find.
On some models, however, there are many factors — such as customer cash rebates — which could allow the dealer to price the car even lower than invoice. Even though you have requested quotes for the same car from different dealers, it might be confusing to try to compare them. This might be because the car a dealer has in stock has different options. An easy way to spot your best deal is to look at how much the dealer is charging over the invoice price. Even though the total price is changing, the relationship to the invoice price reveals the best deal.
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Pick the car with the best sales price, and the color and options you want, and get back in touch with the salesperson who gave you the quote. Ask him to give you lease payments at the sales price he quoted. Set the parameters for your lease and then ask the dealer for a monthly payment. Now, this is very important: Make sure to set the terms.
Find your perfect car lease deal
Also, ask him to tell you the interest rate the lease is based on. In lease-speak, the interest rate is called the lease factor or money factor.
Hint: Use a lease calculator to see how your monthly payment changes depending on the sale price, lease factor and other lease terms. Before you do, ask your salesperson to deliver the car to you rather than picking it up at the dealership.
Senior Pricing Analyst
Take a look at our guides about business contract hire and personal leasing. We negotiate highly competitive offers directly with leading manufacturers bringing the best new car deals every week. Whatever you're looking for - from small city cars to family saloons and powerful SUVs - we'll almost certainly have a car that is right for you.
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We'll deliver your new car free to your door, anywhere in the UK, whichever model you choose. And with FVL, you can also expect dedicated customer service and complete aftercare, all for a low monthly rental cost. What leasing a car provides above all, is great choice and flexibility on new vehicles. At FVL, we're committed to caring for our customers at every stage of their journey.
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We offer information when you are choosing a vehicle, free UK-wide home delivery, and ongoing servicing and maintenance. Whatever you need, we're here to help. All Models. Any 5, 8, 10, 15, 20, 25, 30,