Advice before signing new lease

[zazzzz26]

Hi!

I'm about to sign my first lease with select car leasing and was wondering if anyone could give me any advice before I sign?

Is there anything in particular I should confirm before signing? Anything to go over when accepting the car?

Any general advice or tips would be greatly appreciated! I don't want to be shocked by anything later down the line so I would very much like to confirm everything before I sign.

Thank you!

[zazzzz26]

Wacky Racer said:

Just make sure you are able to afford the repayments, and treat the car as if it was your own, you will be responsible for ANY damage when you hand it back, (Other than fair wear and tear).


Also, don't modify it, such as fitting a towbar, without asking them first, and try to keep within the agreed mileage limit.



That's it really.

Thank's for that! I don't plan to modify it at all and I am comfortable with the repayments so I think it should be ok

wemorgan said:

As mentioned, be certain of your income or savings over the lease period.

We're Select the cheapest deal? Did you try a main dealer for a quote?

For the spec that I want (A200 AMG Line Premium) it's the cheapest that I have found.

Thank you!

I've opted not to go for the maintenance package after discussing with the sales adviser as I will most likely not need new tyres (8K mileage). Do you think this is the best way to go?

[zazzzz26]

Wacky Racer said:

You will need to pay for routine servicing as part of the contract, and any "wear and tear" items that wear out, for example tyres. but you would have to do that if you bought the car anyway.
Remember to budget for any excess mileage charge at the end of the contract.

You should not need to pay any road tax, they will sort that out, so that's a fair saving.

Do you have any idea how much it would be for the routine servicing of the A200? I've searched online but could only find the Mercedes Service Care Plan.

GreatGranny said:

What's the excess mileage charge?
Just be aware your circumstances may change in the 2/3 years you have the car and mileage may increase.
Check if you can increase the mileage if necessary.
I would take out GAP Insurance but not from the Dealer. Go online and it's pretty reasonable. I got 3 years cover on my Leaf for about £140.

I think with my situation I will only get busier with work so my miles will most likely decrease if anything. Although I did speak to the sales adviser and he said that I could increase it.

nunpuncher said:

Read the fine print on this. There's been a few deals lately that have stated RFL is only provided for the first year. I suspect pest this due to the changes in RFL in the last year or so which may not effect a cheaper car like an A200. Worth checking anyway.

Don't bother with tyres on 8k. Switch front to back half way through and you probably won't need tyres.

Thank you for this! I will check this thoroughly.