Carparison launched at the end of 2018 to offer a new leasing broker provision. Backed by a team with decades of automotive industry and leasing experience behind them, Carparison continue to offer the unrivalled customer service for which both the organisation and their expert team have become known.
The Carparison launch was bred out of the increase in demand for quick and personal lease comparison platforms. Carparison was designed to provide a comprehensive yet personal service for anyone looking for their perfect new lease car, listing millions of the very best lease deals available across all brands, makes and models.
As well as providing a powerful search tool to enable visitors to quickly browse and customise all available lease deals themselves, our dedicated team of Pricing Analysts work relentlessly behind the scenes to arm the Leasing Consultants who are at your service once you submit an enquiry.
Through Carparison you can compare the price, specification and lead times of any and all lease cars currently available to order online. They won’t advise you or offer recommendations but will provide clear information so that you can quickly find the most suitable lease.
The official stuff
Carparison Ltd trading as Carparison and www.carparisonleasing.co.uk is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited FCA registration number is 626349 and its address is Suite D2 Joseph’s Well, Hanover Walk, Leeds, LS3 1AB. Product Partnerships Limited’s permitted business is to act as a Principal for a network of Appointed Representatives who arrange regulated credit facilities for customers who are purchasing goods from them.
Carparison Ltd trading as Carparison and www.carparisonleasing.co.uk are appointed representatives of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority. ITC Compliance Limited’s FCA registration number is 313486. ITC Compliance Limited’s permitted business is to advise on and arrange general insurance contracts as an intermediary.
Our registered address is Carparison Limited, C/O The Finance Director, Mercedes-Benz of Exeter, Matford Park Road, Devon, United Kingdom, EX2 8FD. Our head office is located at Carparison Limited, Stratford House, Waterbridge Court, Matford Park Rd, Marsh Barton, Exeter, EX2 8EX.
What services does Carparison provide?
Carparison Limited is a credit broker, not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your car. We will only introduce you to these lenders and will not provide advice or recommendations on the suitability of the products presented to you.
We compare car contract hire leasing agreements only. Other, alternative financing options are available.
How does Carparison make money?
Carparison makes money when our customers enter a lease agreement with a funder we have introduced them to. There are a number of elements that contribute to this income, which we outline below.
This is a one-off fee of £270 (inc VAT) that we charge all customers once they have placed an order and have been accepted on finance. We do not charge this to anyone whose application is declined. The processing fee contributes to our costs in sourcing, marketing and securing the car for the customer, and also the essential administration requirements around this.
We sometimes build a commission figure into our lease deals. This figure will be visible online on all lease deal detail pages within the Deal Overview section and is visible on all quotes and orders. However, you can request this information at any time from your Leasing Consultant.
The funding agencies whose finance products we introduce you to may pay us a fee to contribute towards marketing their lease deals as well as bonuses for the quality of business we introduce to them.
The amount of commission or bonuses applicable to the lease deals we advertise does not affect how the products are ranked online. Lease deals will be ordered from lowest to highest price, unless additional filters are added by the user that influence this ranking.
Who does Carparison work with?
Carparison work closely with a selection of the UK’s major funding bodies. Our chosen financial partners provide business or personal contract hire arrangements and allow us access to provide quotes based on the finance rates they have agreed with us.
Carparison also work closely with a wide range of dealerships throughout the UK. It is from these dealerships that our lease cars are purchased and from which they will be delivered to the customer. It is also with these dealerships that stock levels and ‘on the road prices’ are negotiated and agreed.
It is with both funders and dealerships that we negotiate the lease deals presented to you on www.carparisonleasing.co.uk. The lease deals we introduce you to are only those that our Pricing Analysts feel are representative of good value based on relentless, detailed market research.
Because of the important part both funder and dealer play in providing a car lease deal, we constantly monitor and review the services of all the partners we work with. This is to ensure that, together, we are bringing our customers the very best leasing and lease comparison service.