What You Need to Know Before Signing a Car Leasing Contract
Chloe Jones
Published on 28th January 2023

Driving around in foreign places when travelling will require you to get a vehicle if you really want to have full control over your experience. Many folks opt for leasing vehicles rather than using public transport since it is more convenient and comfortable. 

When you lease, you can borrow a car for as long as you need. This can be days, months or even several years. This option helps you save time and money, especially if you’re just visiting the country. This article will look at the important details you should consider prior to signing any lease agreement.

6 Things to Consider When Leasing Cars

Car leasing is a service made available across majority of the countries in the world. Regardless of where you are travelling, you are sure to find a business that offers this. UAE is one of the most travelled countries in the world whether it is for leisure or business, more particularly in Dubai. But before you go ahead and sign a contract with a car lease Dubai company, here are some things you need to know:

Choosing the Right Car Lease

When searching for a car lease in Dubai, you will have too many options. The reason is that many rental companies offer various deals. So, how can you choose the right one?  First, consider what you want or need. Do you need just a basic car or a more upscale one? Since Dubai is famous for luxury car rentals, you’ll easily find a high-end option.

Understanding the Lease Terms  

Your lease agreement is everything, so you need to look at it well. It will contain information about your lease duration and the cost.

However, there are other things you shouldn’t ignore, like the mileage limits. Many car leases in Dubai impose limits on monthly mileage. If you exceed this limit, you will incur additional charges. Also, look at the terms that talk about early termination. Sometimes, you may have a reason to leave earlier than you planned. Make sure that terminating the lease won’t incur extra costs.

Maintenance and Insurance  

If you’re leasing, then you need to know what it would cost to maintain the car. Make sure you check with the car rental company to find out what is included. Some contracts may include routine maintenance services, while others may not.

In addition, you also need car insurance. When you lease a car, the rental company often provides this insurance. However, it is important for you to know what exactly the insurance covers. Some insurance plans may only cover basic needs, so you may need to pay extra for more coverage.

Documents You’ll Need  

You need appropriate documents to get your lease: your passport, visa, and a valid driver’s license. Only residents can tender a UAE driver’s license, so you need to get an international driver’s license.

Some rental companies may request your credit card for security. It is standard as they can charge you for possible damages or added fees.

Returning the Car

When your lease is done, you must give back the car. So make sure it is in good shape. If there’s any damage, you’ll pay for it. Also, clean the car before you return it so you don’t have any issues.  Some car lease services in Dubai can even allow you to extend your lease if you choose to stay longer. However, you need to let them know ahead of time.

Travelling in foreign countries for leisure or for business will always be made easier if you have your own transportation to utilise. It is a good way to see the city and get to where you are hassle-free without committing to a purchase. Just make sure you choose a good car lease company with fair terms. 

About the author
Chloe Jones Personal Finance Writer
Chloe is a seasoned financial services professional with over 15 years of experience in banking, financial strategy, and risk management. From her early roles as a Personal Banker at HSBC and Finance Specialist at Heritage Bank to her current position as a Senior Manager in Financial Services, she has developed expertise in strategic planning, financial oversight, and stakeholder relations. Chloe also shares her industry insights as a Financial Services Consultant and writer, helping individuals and businesses navigate the financial landscape with confidence.
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