What is a Contract Hire and Leasing Broker?

August 2, 2023

Man with sunglasses looking at his phone in a stationery car

The world of Contract Hire & Leasing can be confusing, do you go to a dealer? or do you take a look online? By looking online there will be multiple companies offering car lease deals, the majority of these will be leasing brokers so lets take a look in this guide at what the broker does and why you should consideer using one.

What is a broker?

A car leasing broker acts as an intermediary btween customers and dealerships or finance providers. Their main goal is to facilitate the leasing process by connecting customers with the most suitable leasing options available in the marketplace. Brokers never own the vehciles themselves, instead, they partner with various funders/dealerships to offer a diverse range of car leasing solutions.

Advantages of working with a car leasing broker?

Here are a few advantages of dealing with a leasing broker:

Expert Guidance

Car leasing brokers possess an extensive knowledge of the automotive industry and understand the intrucacies of various lease agreements. They can guide customers through the complex process, helping them make informed decisions based on their budget and requirements.

Extensive Vehicle Options

Car leasing brokers have access to a vast inventory of vehicles from multiple manufacturers, this includes cancelled orders, on order stock and showroom vehicles. This enables them to offer customers a wide range of makes and models, ensuring that clients find a vehicle that fits perfectly with their preferences.

Competitive Pricing

Due to established relationships with dealers and funders, car leasing brokers can often negoticiate more competitive lease terms, savimg customers both time and money. They also have access to deals and vehicles that may not be publicised or accessed by the general public.

Simplified Process

Leasing can be overwhelming sometimes, especially if this is your first lease or you require multiple vehicles for a business. Leasing brokers can streamline the process, handling paperwork and administration tasks on behalf od the customer, making the experience hassle-free.

Popularity of Car Leasing Brokers

Car leasing has become an increasingly popular option for individuals and businesses alike in the UK due to its financial stability and convenience.

As more people explore the benefits of leasing, the role of car leasing brokers has grown in significance.

One such notible entity in the UK market is Cocoon Vehicles, whilst 2/3 year car leases only make up a small percentage of our turnover the unique offerings on 2, 3 or 4 year contract hire deals, alongside our exclusive car subscriptions and short-term car leases, makes Cocoon a good option for those looking at a new car (or van).

Car Leasing Excellence

Cocoon Vehicles is a reputable car leasing broker based in the UK, we’re renowned for our outstanding customer service and impressive leasing options. Operating since 2007, Cocoon Vehicles has gained a strong foothold in the industry by deliveriong tailored leasing solutions to individual customers and businesses alike.

Find A Car Lease Service

Cocoon Vehicles can help in providing 2, 3 and 4-year contract hire deals. This option allows customers to lease a vehicle for an agreed-upon period, paying fixed monthly payments. At the end of the lease term, customers can return the car without any further obligations or opt for a new lease with a different vehicle.

Instead of advertising the latest deal, our find a car lease service allows you to complete a 3-minute form letting us know the type of car, any options and the term. Our team will then scour no less than 12 different funders to find you the very best deal on your next car. The service is free to use and you are under no obligation to go ahead.

Read More: Find a Car Lease

Car Subscriptions

Cocoon Vehicles sets itself apart from conventional leasing brokers by offering flexible car subscriptions. This groundbreaking approach allows individuals and businesses to “subscribe” to a vehicle for a shorter period, typically with more flexible terms. This is an ideal option for those who prefer not to commit to a long-term car lease or require a vehicle for a temporary period.

Read More: Car Subscriptions Explained

Short-Term Car Leases

For individuals or businesses in need of a vehicle for a few months or up to a year, Cocoon Vehicles provides short-term car leases. This offering gives customers access to top-quality vehicles without the need for a long-term commitment, making it an excellent solutuon for temporary requirements or those who like to swap their cars on a more regular basis.

Read More: Short-Term Car Leases

More Information

If you would like any further information on our services, please speak to the team on 01332 290173 or use the ENQUIRY FORM at the bottom of the article.

There are so many circumstances where you may need that flexible vehicle, just call the team on 0330 330 9425 to see how we can help you!

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