Considering Leasing your Next Car?
Car leasing is a very interesting concept. Instead of buying a car, you lease it for an agreed period, then return it when you’re done. You do this through a car finance company, and it presents a range of amazing benefits and advantages.
With car leasing, you pay a set amount every month. It’s easy for you to manage these costs as you know what they are and when they’re due. They won’t rise, so you can plan out a monthly budget to accommodate them. It allows you to get behind the wheel of a car without splashing loads of cash in one go or applying for a loan.
You drive newer cars
When you buy a car, you usually go for used models. But, when you lease, you get to drive newer cars. This means you get to drive something that’s modern and more reliable, providing you with a better driving experience. You get to utilise all the latest and greatest technology and drive something you probably never could’ve afforded outright. Plus, it gives you a chance to drive some of the best cars around without breaking the bank.
An opportunity to try lots of different cars
Usually, if you buy a car, you keep it for as long as possible. Some of you have probably driven the same car for close to a decade! The beauty of leasing is that you could drive three or four cars in that same period. A typical contract is only a couple of years, and you can change to a different one to drive a new car. So, if you’re a car lover, this gives you an excuse to upgrade your car as often as you like!
Car leasing is very straightforward. You head to a car finance company, choose the car you want, agree on the monthly payments, and you’re done. When the contract is over, you drive your car back to where it came from, and that’s it. There’s no need to go through the hassle of visiting dealerships, dealing with pushy sales pitches, and then trying to sell on your old car.
Fewer maintenance costs
The fact you get to drive a new car means it’s less likely to break down. Instantly, you save money on potential repairs and maintenance costs. Additionally, if you lease a brand new car, then it won’t need an MoT until it’s three years old. So, you can avoid paying for this every year as well – provided your lease ends within three years! Also, fuel costs could be lower if you drive a modern car with modern fuel technology. When you buy, you might not be able to afford a car that’s this advanced!
As you can see, car leasing has plenty of advantages. If you’re looking for an alternative to buying a car or getting a car loan, then this could be perfect for you.