First-of-its-kind AI tool launched to simplify car leasing and save drivers money

The UK’s biggest lease car comparison company has unveiled an AI-powered tool designed to change the way drivers find their perfect leasing deal.

LeaseLoco.com has launched LocoAI, the first tool of its kind in the market, offering a completely new way for users to discover lease deals that match their needs – especially if they don’t know where to start.

LocoAI revolutionises traditional search so drivers can simply ask the AI to suggest a car that fits their needs, in a conversational manner, whether it’s a spacious boot for dog lovers, families who require extra space to carry prams, or something broadly premium – LocoAI analyses user requirements, filters through millions of deals and suggests cars that fit the driver’s lifestyle, budget, and preferences.

While drivers can still apply traditional filters – such as budget, mileage, and contract length – to explore deals at their own pace, the AI-powered tool takes lease deal discovery to the next level, making it easier than ever for drivers to find their perfect match.

With more car leasing options than ever, comparing deals can be overwhelming and confusing for consumers. LocoAI has been created to remove the guesswork by providing personalised recommendations in seconds, ensuring drivers are presented with the best options tailored to their specific needs.

This pioneering AI-powered tool will continuously learn from user interactions and market trends to provide the most up-to-date and relevant recommendations.

One of the key benefits of LocoAI is that it streamlines the search process, making it quicker and easier to find and compare lease deals to ensure you’re getting the most for your money. The tool identifies the most cost-effective leasing options available for each make and model by analysing real-time market data and special offers, ensuring users don’t overpay for their next vehicle.

With leasing becoming an increasingly popular alternative to traditional car ownership, this technology is set to transform how drivers choose their next vehicle.

Coupled with LeaseLoco’s ‘price history’ feature, which provides users with insights into how lease prices have changed over time, and its exclusive ‘LocoScore’ metric, which further simplifies decision making by ranking deals based on their overall value, these features can work in tandem to ensure that drivers make informed choices and secure the best lease deals on the market.

John Wilmot, CEO of LeaseLoco.com, commented: “We’re always looking for ways to make leasing simpler and fairer for our customers, and Loco AI is the next step in that journey.

“The car market has seen many new makes and models enter the UK recently, and even the ‘go-tos’ of old like the Ford Fiesta are no longer sold, making finding the right car more confusing than ever.

“LocoAI is the ultimate discovery tool, allowing you to tell it what you want conversationally, and cars that suit your actual needs are presented in seconds.

“This tool takes the stress out of the car leasing process, helping drivers make smarter choices and making sure they never overpay.”

LeaseLoco is the UK’s biggest car lease comparison website, making it super quick and easy for drivers to filter and compare millions of deals from the UK’s leading car leasing companies to best suit their needs.

Loco AI is available now on LeaseLoco’s website and is free for all users: https://www.leaseloco.com/loco-ai/search

For more information, visit: https://www.leaseloco.com/faqs