If you want a car to drive but do not have the funds to make a large down payment, then you may think to get a car lease. Car leasing means "renting" a vehicle from a rental company. Instead of making one large payment to purchase a car, leasing gives you the opportunity to pay small monthly instalments as you get to drive the leased car. There are many important facts that you should know about car leasing. You can make a choice among a closed-end lease and an open-end lease. Closed-End Lease enables you to return the car at the end of the lease term and simply walk away. Just make sure that you should be able to comply with the terms of the leasing company to avoid paying penalty charges. You can also choose to buy the car at the residual value. The buyout price should be clearly stipulated in your contract when you sign up for the lease. Leasing a car requires a minimal upfront cost. Most leasing firms only require the first-month lease payment and a security deposit. On the contrary, buying a car requires a large sum of money to pay the price of the car at once, including the down payment to your car loan lender.

A spokesperson at CarLease247 explained, “We can provide a range of services that include driver risk assessment, classroom and 1-2-1 training. Irrespective of the size of your organisation, we can help you ensure that you are operating within the law, that you are fulfilling your duty of care, and that your fleet and the grey fleet is managed with minimum risk and maximum cost efficiency. We'll audit your risk factors, help you understand and minimise them, and then where necessary we have a highly professional, nationwide network of trainers to assist in delivering the solution”.

It’s quite hard; to sum up, what CarLease247 is in just a few words. There are numbers of dealers and leasing companies, so they take myriads of car and van lease deals and compare them for you with are lease comparison engine.