Here in the UK when we need a new car, depending on whether we are shopping new or second hand, we will shop online or visit a local car dealer. It’s not often we might consider the car leasing option. Instead we dish out on loans and find ourselves in debt. Now many people are aware of why a lease car can be a good option. The car leasing option is very popular on the other hand, in the US. 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 option. You pay your deposit and there are no more expenses. You’ll know exactly how much to budget for monthly.
The leasing company should offer you a new car around 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 shop it in for a brand new motor!
This is where you will learn the real value (or cost!) of depreciation as you do with van leasing. How many times have you paid a fortune for a car, and then you find out a few years later it is worth a fraction of the cost you paid- even if it is still in good condition. Leased cars give fixed costs. Imagine owing money to a loan company, and the loan doesn’t cover the value of the car!
We all like flexibility. When you come to sell a car, you really need to get a good amount back to cover the cost of the loan. Worse still, you may find you are caught in the loan long term, paying monthly for a car you no longer own. 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 you haven’t decided what you want to do in life yet, this is perfect!
Car leasing pricing is particularly attractive. In this day and age you can pay anywhere up to fifteen thousand pounds for a very bog standard car. It won’t be much to show off. 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! A car lease can before help your street cred!
We all hate the typical car salesman we encounter when shopping. It is just hard work having to haggle and negotiate a deal. You also hope you aren’t being sold a banger! There is none of that with car leasing- you can find the best price for a specific model. 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.
If you are considering car and leasing why not call Leasing Options at http://www.leasingoptions.co.uk . Leasing Options a range of car for lease options at Car Lease Deal .