Why Use a Leasing Broker?

Navigating the realm of vehicle leasing presents drivers with a multitude of choices that can be both overwhelming and intricate. Beyond the primary decision of selecting the most suitable vehicle for their needs, customers find themselves confronted with a web of considerations. Hence, many individuals and businesses seek the assistance of leasing brokers to guide them through the intricacies of the leasing process. In this guide, we’ll delve into the role of a leasing broker, why use one and lastly, the key reasons to choose GB Vehicle Leasing.

What is a leasing broker?

Before we unravel the myriad advantages of engaging a leasing broker, let's demystify the term itself. A leasing broker is a specialised intermediary between customers and both the suppliers and finance companies.

In the background, our team engages in negotiations with both suppliers and finance companies to establish the pricing for our range of cars, vans and pickup trucks. The determined deal price is influenced by the initial purchase cost and the projected value at the end of the contract. Calculations for this end-of-contract value consider factors such as mileage and contract duration.

Once we obtain pricing information from finance companies, we promote our offers for potential customers to see. Upon your enquiry, our exceptional team of leasing consultants guide you through the process of securing the desired vehicle for you. Following your satisfaction with the order and successful completion of a credit check, our team communicates with suppliers to place your vehicle order and submit your finance agreement.

Advantages of Using a Leasing Broker

Choosing to enlist the services of a leasing broker extends beyond mere convenience; it’s a strategic move that comes with numerous benefits. Whether you are a business looking to optimise your fleet or an individual seeking the most cost-effective and tailored leasing arrangement, here are some compelling reasons to explore the services of a leasing broker:

1. Expertise and Industry Knowledge: Leasing brokers possess a deep understanding of the automotive and financial industries, allowing them to navigate complexities and provide informed guidance tailored to individual needs.

2. Time and Resource Efficiency: Vehicle leasing can sometimes be time-consuming and daunting. Leasing brokers simplify the entire process, saving valuable time and resources for customers while ensuring a seamless experience.

3. Access to an Extensive Range of Options: Leasing brokers have extensive networks and connections with numerous finance companies and suppliers. This provides customers access to a diverse selection of vehicles and lease terms to suit their preferences and needs.

4. Cost Savings: Through their industry connections and negotiating skills, leasing brokers can often secure more favourable lease terms, potentially leading to cost savings for clients over the duration of the lease.

5. Personalised Solutions: Leasing brokers take the time to understand the individual requirements and preferences of their customers. This enables them to tailor leasing solutions that align with individual or business goals.

6. Customer Protection: Leasing brokers operate under the regulation of the Financial Conduct Authority (FCA), ensuring adherence to stringent procedures that prioritise fair treatment of customers. Moreover, those affiliated with the BVRLA (British Vehicle Rental and Leasing Association) adhere an industry-specific Code of Conduct. This assurance provides customers with confidence, knowing they are engaging with leasing brokers known for reliability and trustworthiness.

How to verify that my leasing broker is reputable?

Ensuring the credibility and reputation of your leasing broker involves several key steps:

1. Review Check: Begin by scrutinising their reviews. Reputable brokers are transparent about customer feedback, prominently displaying reviews on their websites and social media platforms. Explore the reviews to gauge the experiences of other customers.

2. Regulatory Compliance: Confirm whether the leasing broker is regulated by the appropriate authorities. Brokers under the oversight of the Financial Conduct Authority (FCA) and the British Vehicle Rental and Leasing Association (BVRLA) have undergone rigorous processes, adhering to established procedures and evaluations. Verify a broker's credibility by checking their name or reference number on the FCA and BVRLA websites, often available on the broker's own website.

Leasing Broker FAQs

Why Choose GB Vehicle Leasing?

Selecting GB Vehicle Leasing is a decision rooted in a promise to excellent service, unwavering transparency, and a customer-centric approach that distinguishes us from other leasing brokers.

Firstly, our consultative approach defines the GB Vehicle Leasing experience. Whether you're a first-time lessee or a loyal customer, we prioritise understanding your unique requirements, goals, and financial circumstances. Our leasing experts engage in open, informative discussions, providing guidance without imposing undue pressure. This commitment to personalised service ensures that every customer, regardless of their leasing experience, feels heard and supported throughout the decision-making process.

Our intuitive systems further elevate the leasing journey. With a dedicated customer area, we've streamlined the entire process, allowing customers to access information, track progress, and manage their accounts with ease. This emphasis on user-friendly interfaces reflects our dedication to making the leasing experience transparent and straightforward.

Being an independent leasing broker with access to a diverse network of funders and various funding methods is a key advantage we offer. This enables us to provide customers with a wide selection of financial solutions tailored to their individual preferences. The freedom to explore different options and select the one that best suits their needs is a testament to the flexibility we aim to offer. Moreover, our extensive network lets us secure the very best lease deals at competitive rates, ensuring that our customers receive best value for their investment.

GB Vehicle Leasing is fully authorised by the Financial Conduct Authority (FCA), demonstrating our commitment to operating within a regulated framework and upholding rigorous ethical and legal standards. This authorisation instils confidence in our customers, assuring them that they are partnering with a leasing provider that places integrity and compliance at the forefront of its operations.

An additional distinctive feature is our part-exchange service, a rarity in the industry. By allowing customers to seamlessly trade in their old vehicles, we offer a time-saving and straightforward process, reinforcing our commitment to providing a hassle-free and comprehensive leasing solution.

In essence, choosing GB Vehicle Leasing is choosing a partner dedicated to your unique needs, a provider with a proven track record of transparency, flexibility, and regulatory adherence in the dynamic world of vehicle leasing. View our customer reviews on Trustpilot to see for yourself.