Car Leasing News & Blog

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Why car leasing is a great option for young drivers

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11/07/2017

Why car leasing is a great option for young drivers

Leasing a car might be seen as an option only available to those with years of driving experience under their belts but in fact, it is a very good option for young drivers. 

Being able to budget with fixed monthly costs and low up front payments takes much of stress away of motoring and parents can rest in the knowledge their loved ones aren't behind the wheel of a banger!

A recent piece of research by Honest John from The Telegraph has stated that young people are being 'priced out of driving' due the soaring costs of insurance and driving tuition. Whilst we can't do much about these costs and budgeting for insurance is a must for anyone leasing a car, we are able to offer extremely affordable leasing deals to drivers of all ages.

Read the full article from The Teleraph here 

So how does car leasing work for a young driver?

In short, exactly the same way it does for everyone. 

As long as the applicant is accepted by the finance company (a good credit score is key) then the leasing process with LittleGreenCarLeasing is simple.

Select your car

Choose your leasing term

Choose how many months upfront you wish to pay

Set your annual mileage

Submit your application 

If successful our team will be in touch to confirm all of the details to you and with some of our stock vehicles you could be behind the wheel of your brand new car in 3-4 weeks.

TIP

It's important to realise that without a good credit score your application to lease a vehicle will not be successful.

You can check your credit score, for free via Experian 

Some tips to increase your credit score include:

  • Get on the electoral roll
  • Get a bank account
  • Have some responsible credit
  • Consider closing unused accounts
  • Space out credit applications
  • Aim to have a good amount of available credit
  • Try not to miss payments

If your first application is unsuccesful don't panic and don't disregard trying again in the future - action some of the above points, check your credit score again and when you think you are in a good position, make that application. 

Read more about credit scores in our simple guide by clicking here.