During the recession, car manufacturers slowed down their production regimes as the demand for new cars naturally fell.
However, now we are coming out of the recessionary period, there are no longer the same sort of vehicle stock-piles and in some cases, manufacturers just can’t keep up with demand. Where cars are particularly popular, lead times can be well over 6 months.
If you are going to be in the market for a new vehicle within the next year, then it is well worth starting your research now. Ordering your chosen replacement vehicle as soon as possible will ensure that you get the car you want, when you want it.
Bespoke vehicle orders are usually always factory order and nowadays, leaving it until the last minute is certainly not the way to get what you are looking for.
Ordering new car up to 1 year ahead of time
Even if your new chosen vehicle has a factory order time of five months, it is possible to place your car on order for delivery as far in advance as one year. By going down this route, it is highly unlikely that you will not be left without your new car when your current vehicle goes back.
Ordering a car a long way ahead is sensible rather than over-enthusiastic. Contrary to popular belief, it is also a process that will also not usually have any negative future implications for the deal that you have agreed at the outset.
Manufacturers will price protect the vehicle for a given period and most finance companies will honour the quoted contract price for a period of six months. In the unlikely event that residuals fluctuate it is usually the case that if the initially agreed rental changes, it will be not be in a negative way.
What happens if I don’t order my new car in time?
If you do find yourself – or indeed, if you are in – the situation where you need a vehicle fast, there are stock vehicle deals that represent great value, so don’t panic. This sort of deal, however, will be on set-specification cars and commercials that will have been bought in bulk to get maximum discount and therefore a highly competitive deal.
Compass Contract Hire Limited currently have around 500 stock vehicle deals on a wide range of cars from the Toyota Aygo to the Jaguar XF and also commercial vehicles – Click here to browse their up-to-date available vehicle offers.
How do I order in advance?
Make initial enquiries as soon as possible and speak with a reputable leasing company like Compass Contract Hire Limited to discuss your requirements. They are experts in this field and will be able to organise the forward-planning of your future vehicle so that once you have agreed the deal and chosen specification, all you will have to do is wait until the time comes to change.Advanced Leasing > Advice Blog > Contract Advice > Contract Hire > contract hire adv > Contract Hire Advice > Contract Hire Time > Lease Advice > Lease Time > Leasing > Leasing Advice > motor mistress > Personal Contract Hire > Personal Contract Purchase