Heather Gribbin
January 24, 2020
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Since 1970, when the first Range Rover saw the light of the day, the brand has always had the ability to inspire a sense of adventure and wanderlust in onlookers.
What’s not to like in a brand of SUVs that can tackle any terrain with great power and determination, while maintaining a sleek exterior that appeals to most people with even only a basic knowledge of cars?
It’s for that reason that more and more people are finding leasing a Range Rover a great alternative when wanting to drive them. Leasing a Range Rover affords people the chance to drive a great, reliable car, while still enjoying the greater flexibility and lack of commitment that a leasing deal offers.
For whatever reason you decide to lease, it makes sense to do all the necessary checks beforehand to ensure that you’re giving yourself the best odds of getting a great leasing deal.
Below, you’ll find some of the best Range Rover lease tips that we’ve managed to put together to help you find the best lease deal possible.
1. Decide on the best length for your contract
As Range Rovers are more expensive vehicles, your lease can work out to be quite affordable when compared to buying or financing one, if you consider depreciation and interest. It’s possible to work out how much money you’ll be saving for each option, compare this across the different contract durations and calculate where you’ll save the most.
This highly advisable, as you might get access to a range of lease deals from brokers - some of which might be better than others.
2. Take the time to learn leasing related jargon
When it comes to leasing, there’s a lot of jargon and vocabul
ary in the industry that might be puzzling to you if this is your first time leasing a car. While this can seem daunting at first, it’s rather important that you take the time to read up on unfamiliar terms.
This has a dual advantage: not only will you be able to facilitate your lease contract easier because you know more about the industry in general, you’ll also feel more confident going into your lease. This is because you won’t feel like you’re being bombarded with terms that you don’t know the meaning of.
3. Choose the correct initial rental for your Range Rover
When taking out your lease, you’ll be given the option to put down an initial rental: a lump sum that acts as an initial payment. The higher your initial rental, the lower your monthly payments will be and vice versa.
Many people might consider this a great idea, but it’s important to remember two things.
One, it might not always be possible to have a significant proportion of money lying around to put this down on an initial payment. Therefore, it is easier to try and go for a lower initial rental if it suits your finances.
Two, if you put down the initial rental and your car is unfortunately written off or stolen, it is highly unlikely that your payment will be returned by insurance or the leasing company.
Therefore, it’s really important to think about the consequences of putting down a large initial rental.
4. Consider insurance on your lease
If you’ll be taking your Range Rover into the great outdoors, it might be worth looking into special insurance packages.
While it’s great to get outside, you want to make sure that your car is covered in all the necessary ways. If not, it might be the case that an accident could see you paying more than you initially thought.
Of course, it’s always a wise decision to take out third party, fire and theft, as well as (Guaranteed Auto Protection) GAP insurance if you want to be fully protected on your lease vehicle.
5. Have a good understanding of fair, wear and tear
Fair, wear and tear is the expected usage that your lease vehicle is anticipated to get throughout your lease contract. This takes into account wearing down of tyres, minor scrapes, small dents and other occurrences.
If you’ll be doing some trails, it’s important to have a good understanding of your fair, wear and tear and what your leasing company will accept at the end of your contract. Driving on adverse terrain could damage the undercarriage of the car, or wading through bodies of water could result in unexpected scratches and damage.
As always, having a good knowledge of what can be expected will help you remain prepared and ready throughout your lease.
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FunRover is a place for Land Rover enthusiasts to gather as a community and discuss the best 4x4 vehicles ever produced. We're building a library of high quality resources & articles to help owners along in their Land Rover ownership.
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