If you live in the UK and need a new car, you have the choice of going to a local car dealer, or shopping on the internet for a new car. We don't normally think about car and leasing. Often we will end up with loans up to our eyeballs, purchasing a car that immediately depreciates the minute you drive it away. Now many people are aware of why a lease car can be a good option. However in the US, the leasing model is a very popular and successful one. So why is it people choose to lease cars rather than own them outright? The following explains why people opt tof car lease.
You have fixed monthly payments for a start with the car for leasing model. Once your deposit is paid, with the exception of insurance and fuel, there are no more costs. You'll know exactly how much to budget for monthly.
You should get a new car every three years. This way at the end of the three years, you aren't left with a depreciated car with miles on the clock. You can exchange and get yourself a brand new car at no extra cost!
You can avoid depreciation costs brilliantly here as you can with van leasing. How many times have you bought a new car, only to find a few years down the line, even when in good condition, it is worth a fraction of the purchase price. Lease cars avoid this situation. Imagine owing money to a loan company, and the loan doesn't cover the value of the car!
Flexibility in life is important to us all. When you come to sell a car, you really need to get a good amount back to cover the cost of the loan. You can find yourself in the depressing situation of paying back money on a car you have sold. Car lease terms range anywhere from 6 months to 3 years, thus you have the flexibility to give the car back and cancel the agreement should your personal situation change. If your life isn't yet mapped out, this is perfect!
Car lease pricing can be very favourable. There are half decent cars that start at as much as ten thousand pounds these days. Even then, they aren't really going to impress your mates. If you took up an Audi car lease for example, you can drive away in a top of the range car that you'd never have been able to pay for outright, or perhaps even afford second hand! Car leasing definitely is a credibility booster!
One thing I particularly hate about car shopping is the whole car salesman routine. The effort of having to negotiate and haggle the best price is painful. There is always the risk of being sold a dodgy motor. With car leasing, you can pick your car and find the best deal for a brand new car. So perhaps now as you read this, you might give the local paper and the dodgy care salesman a miss. Maybe it is time to give car leasing a try.
You have fixed monthly payments for a start with the car for leasing model. Once your deposit is paid, with the exception of insurance and fuel, there are no more costs. You'll know exactly how much to budget for monthly.
You should get a new car every three years. This way at the end of the three years, you aren't left with a depreciated car with miles on the clock. You can exchange and get yourself a brand new car at no extra cost!
You can avoid depreciation costs brilliantly here as you can with van leasing. How many times have you bought a new car, only to find a few years down the line, even when in good condition, it is worth a fraction of the purchase price. Lease cars avoid this situation. Imagine owing money to a loan company, and the loan doesn't cover the value of the car!
Flexibility in life is important to us all. When you come to sell a car, you really need to get a good amount back to cover the cost of the loan. You can find yourself in the depressing situation of paying back money on a car you have sold. Car lease terms range anywhere from 6 months to 3 years, thus you have the flexibility to give the car back and cancel the agreement should your personal situation change. If your life isn't yet mapped out, this is perfect!
Car lease pricing can be very favourable. There are half decent cars that start at as much as ten thousand pounds these days. Even then, they aren't really going to impress your mates. If you took up an Audi car lease for example, you can drive away in a top of the range car that you'd never have been able to pay for outright, or perhaps even afford second hand! Car leasing definitely is a credibility booster!
One thing I particularly hate about car shopping is the whole car salesman routine. The effort of having to negotiate and haggle the best price is painful. There is always the risk of being sold a dodgy motor. With car leasing, you can pick your car and find the best deal for a brand new car. So perhaps now as you read this, you might give the local paper and the dodgy care salesman a miss. Maybe it is time to give car leasing a try.
About the Author:
If you are think about car leasing why not visit Leasing Options at http://www.leasingoptions.co.uk . Leasing Options a range of car for leasing options at Car Lease Deal .
