When it comes to leasing a car, there are two main options: car leasing companies and car dealers. Each option has its own set of pros and cons, so which is the right choice for you? Watch this video to learn more about the differences between these two types of establishments and find out why using a Leasing Broker is the best option.
Advantages of Buying A Car Through A Car Broker
When you are planning to buy a new car, you need to make many decisions, from choosing the model to the color, and there’s a lot more. Whether to buy your car from a broker or a car dealership is among the most crucial and confusing decisions that require careful planning.
Lenny Komsky, the owner of Grand Prix Motors, a licensed company in the New York State, recently appeared on the Alpha Insider podcast hosted by Michael Levitis, the founder of Alpha PR Pro, to discuss how leasing a car from a broker actually works.
Alpha Insider conducts interviews with experts in their respective fields to educate the public on Business FAQs. Read till the end to find out the benefits of leasing or buying your new car from a broker.
Difference Between a Car Broker and a Car Dealer
A vehicle broker serves as a seamless connection between the customer, the dealership, and the finance company. As brokers will walk you through the full process of purchasing a new automobile, more and more people realize the many benefits of doing so. It’s pretty easy; you just go to them, tell them what kind of vehicle you need, and they look around for the greatest deal that fits both your demands and your budget.
Some brokers, like Lenny Komsky, the owner of GrandPrix Motors, have connections to a variety of lenders and automakers, which is helpful if you’re still trying to decide which car type you want.
A dealership is the best option if you are comfortable with a more traditional car-buying method. Once more, the procedure is fairly simple: you visit the dealership that offers
the brand of car you’re interested in (like Ford or BMW), choose the model, and then wait for them to make an offer to you.
Advantages of Buying a Car from a Broker
As Lenny talked about the importance of brokers during the podcast, here are a few advantages of buying your new car from a broker:
- ● They are independentIndependent brokers are not beholden to any one manufacturer or finance institution. It implies that they are only required to accomplish their own goals, not those established by manufacturers.
- ● Option to choose from a variety of manufacturers.Uncertain about the car you want? The options available to you will be constrained if you choose to purchase through a dealership. In contrast, if you approach a broker, they will be able to search for deals from several manufacturers.
- ● They carry out your laborious tasks associated with leasing a car.When working with a vehicle broker, you have to tell them what you’re looking for, and they’ll handle the rest. Then you just relax while you await the call to pick up your vehicle.ConclusionBrokers are a great option to buy new cars, and companies like GrandPrix Motors are working for an even better cause, helping people with questions like how to transfer, sell, register, insure and all else when leasing a car.
Watch the full video of Lenny Komsky on Alpha PR Pro to understand how Leasing Brokers are different from Car Dealerships.