Maintaining your Leased Car

Posted on August 23, 2018 at 5:45 pm

When you lease a car for a period of time, usually on a finance deal like PCP, then you need to look after the car especially well. Why? Because it isn’t actually yours, and you may well be giving it back at the end of your finance deal. If you are going to be doing this, then you need the car to be in the best condition possible, otherwise you will be billed for the repair work that is required.

When you decide to lease a car, you take on the responsibility for looking after it. This will include things like getting it serviced, keeping it clean and making sure it doesn’t incur any damage. You will need to give the car back with a full service history, and this may need to be from an approved dealer, so make sure you fully understand your obligations when you take on the contract.

Posted in Cars

Car Finance – a Difficult Decision

Posted on October 30, 2017 at 11:37 pm

Should you take out a car finance deal? When you are looking for a new car, you will probably be thinking about this as an option. It’s easy to see why, as it may be the only way you can afford a new vehicle. There are some things that you should bear in mind before taking out a deal so that you don’t get stung at the end of it.

You know that, with finance, you are always going to be paying over the odds for a vehicle. You won’t just be paying the going rate for a car – you will be paying a (possibly very large) rate of interest as well. This is a difficult situation to be in, as cars are not fundamentally valuable things and depreciate very quickly indeed.

If you are looking at a car finance deal, you can also think about PCP – personal contract purchase. This gives you a vehicle for around 3 years, but you will not own it at the end.

Posted in Cars

The Practicalities of a New Car

Posted on September 4, 2017 at 8:16 am

Choosing a new car is exciting. It can be easy to get carried away and choose the latest sports model or a beautiful performance car that is way over your budget. Here are some things to think about before deciding on a new car:

  • Is it practical? Make sure it will be suitable for everything you want to do. If you have a family, consider a hatchback or even a people carrier.
  • Is a new car really the best option? You could get a new car on finance quite easily but it will depreciate in value straight away.
  • How much will insurance cost? Look online and speak with your current provider to establish the costs of a new insurance policy.
  • Do you need a new car now? If your old one will last a little longer, is it worth keeping it and then part exchanging it in a few months’ time?

Posted in Cars

Choosing the Colour of your New Car

Posted on August 5, 2017 at 10:37 am

Choosing a brand new car also means that you can choose the colour of it. For some people who enjoy the aesthetic side of driving a new car, this is a big bonus. Here are some things to bear in mind if you are in the process of choosing your new car’s colour:

  • Different colours cost more. Ask for a chart or brochure explaining to you which colour is going to cost you which price.
  • White will probably be the most expensive. It’s a highly fashionable colour at the moment and is the most popular choice in the UK. Be prepared to pay a premium if you also want a fashionable white car.
  • You will need to look after your new paintwork to keep the car looking good. Your car will need to be cleaned regularly, waxed and polished to keep the paintwork in good condition and make it worth your money.

Posted in Cars