Mistakes you will want to avoid when leasing a car

Estimated read time 2 min read

Car leasing can be a good decision for those wanting access to a new vehicle that wouldn’t be able to buy outright. It gives drivers more options to choose a new model that otherwise would be out of their budget range. It’s an important decision, so you’ll want to avoid making any errors.

Don’t forget to negotiate

Anything can be negotiable so don’t assume the terms are always set in stone. Be ready to negotiate the price of the vehicle, including other costs like taxes and fees. Understanding what jargon to expect and how to read the fine print of a lease contract are also important. For advice on Car Leasing Bristol, consider a site such as Autolyne

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Don’t exceed the mileage limit

Most leases have a limited number of miles that you can drive per year without incurring additional charges. Driving more miles than the limit could mean paying a significant penalty when you return the vehicle at the end of the lease. Therefore, you’ll want to think carefully about how much you intend to use the vehicle.

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Don’t neglect maintenance

When leasing, keeping up with its maintenance schedule is essential so as to protect the value and avoid the need for expensive repairs on returning the vehicle to the dealer. Gap insurance is another consideration. This type of insurance will cover the difference between your car’s actual value and its residual value in the event of an accident or theft.

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