The supervisors at FairLease talk about initial consultations.

Dallas, TX, — Auto leases provide lessees with a simple, more affordable way to get behind the wheel of a new vehicle, but they’re not right for everyone. That is precisely why reputable auto leasing companies walk their prospective lessees through a consultation process first. Taking full advantage of a consultation is strongly recommended.

“Reputable auto lease companies follow a step-by-step process to help prospective lessees determine if this alternative to buying is really right for them,” explain the supervisors at Dallas-based FairLease. “By walking prospective lessees through what to expect from a lease agreement, consultants help make certain the fit is right before further actions are taken.”

A meticulous consultation process is followed to protect prospective lessees. Here’s what to expect:

• Initial discussion –An auto leasing consultant’s top priority will be to make sure such an agreement suits the needs of the prospective lessee. People who drive more than 15,000 miles on an annual basis, for example, may not find leasing ideal in their circumstance. Most people who commute average amounts, however, are likely to find this alternative to buying provides them tremendous cost savings.

• Estimation period – Reputable auto leasing companies will not pull prospective a lessee’s credit until the person is ready to move forward. That said, they will work to provide detailed cost estimations based on available information. To arrive at an estimate, the consultant will work with prospective lessees to pick out a vehicle; negotiate a trade-in, if any; and obtain the lowest, no-haggle pricing. Terms of the potential lease agreement will also be discussed so that an accurate estimate can be created.

• Finalization phase – Should a prospective lessee decide to move forward with a contract, the final application will need to be submitted and approved. Credit will be pulled at this point and a final lease agreement drafted. Once the paperwork is in order, the auto leasing company will make arrangements for the delivery of a lessee’s new vehicle.
“The consultation process is designed to help prospective lessees explore this option in depth,” the supervisors at FairLease explain. “Taking full advantage of it assists lessees in finding not only the right car, but setting terms that work the best for their financial situations.”

To find out more about automobile leases, visit FairLease online at www.fairlease.org.

About FairLease
FairLease, a credit union owned and operated company, follows a credit union philosophy of serving people, meeting their needs and providing the best product at a reasonable price. In essence, we want "lessees for life". That's why we work so hard to take care of our customers and treat them fairly. In return, they get honest deals from a source they can trust.