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The Difference Between Flexible and Fixed Term Leasing

 

If you’re looking for a short-term car lease, it’s important to know the difference between a Flexible and a Fixed Term Contract. So what’s the difference?

Flexible Lease

Great for those who don’t want to commit to a car for a set period of time or like to swap and change vehicles more often.

Flexible contracts allow a user to lease a car for as little as 28 days and up to 90 days, 90 days being the point as which you’ll get the best price.

Flexible leases are generally more expensive that Fixed however, with the knowledge that you can change your car more often most people are happy to pay a little extra!

With Flexible contracts the maintenance is usually included however you should always check this when you take out a contract, as there are a few instances where the maintenance will be chargeable.

All in all, great for those who love to drive different cars regularly with less commitment.

 

Fixed Term Lease

Fixed contracts are perfect for those who like to be in their cars a little longer and they’re also a little more wallet-friendly too!

Fixed Term leases start at a minimum of 6 months but longer periods are available including 7, 9, 12 and 18 month terms.

At the end of the contract term the car has to be handed back and the Fixed Term Contract means that once you’re signed up for a car on this basis, the term can neither be extended or reduced.

On the plus side, with a Fixed Term Contract you’re usually guaranteed a brand new or nearly new car, and who doesn’t love that?!

 

So, now you know the difference between a Flexi and Fixed Term Contract why not get in touch for your quote today? Prices start from as little as £199 plus VAT per month, simply complete the form below and we will be in touch shortly.

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Rebecca joined the Cocoon Vehicles team in 2018 after running and selling a successful financial services business offering pensions, investments and mortgages. Today, Rebecca’s goal is to provide the best possible customer service and news you will want to read.

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