How to Get the Most Out of Your Leased Car

picIf you’re currently running a leased car, then you’ll want to make sure that you’re getting the most you possibly can for your money. After all, you’re paying a monthly fee to be driving it around, so it should be giving you everything you need, and you don’t want to be paying for something you aren’t using. Here are some tips that you can use to make sure that you’re making the most of your money.

Maintenance

This isn’t always included on every leasing plan, but if it’s on yours, then you absolutely must make sure that you’re not unnecessarily paying for maintenance that would actually be covered under your plan, as this would simply be a waste of money. Read through the policy documents thoroughly to find out what is and is not covered, and make sure the finance company are the ones paying for anything that they’re responsible for. As a side note, bear in mind that any significant mechanical faults that you’re responsible for and which you’ve not rectified by the time it comes to handing back the car, may incur costs.

Cosmetics

When you give the car back at the end of the plan, it will be thoroughly checked by the provider, and while you’ll want to make sure that it’s in good condition, don’t let yourself get hung up on small cosmetic issues, because they’re only natural in the course of driving. It might cost a couple of hundred to put right all of the little scratches or dents that your car has suffered (through no fault of your own), but you’re very unlikely to be charged for them, as most providers will have fair wear exclusions. You can read more about them here.

Mileage

All lease plans come with some sort of mileage limit; this is the amount that you can drive before you start incurring additional costs. There’s simply no reason not to put mileage on the car if you’re under the limit, because it’ll only cost you petrol. It’s also a good idea to find out what excess mileage charges are, because they’re not always that bad, and if you need to use the car, then you don’t want to feel too restricted. If you realise you’re not using anywhere near the mileage that you thought, then it’s probably worth reducing it the next time round to avoid wasting the money.

 

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