Are you sick and tired of the car that you’re driving? Searching for a new car to make driving exciting all over again? Why don’t you consider car leasing? Car leasing is incredibly popular within the UK, with more people choosing to lease their desired cars each and every day. Why is this though? If you want to know why car leasing is so attractive to many, and how it works, keep on reading this article at your peril!
Car Leasing Explained
Car leasing is essentially where you rent a car for a few years at a fixed price and then hand it bank when the lease term is up, or before insome circumstances. This allows for people to drive new cars every few years at relatively low monthly costs – leaving people with no worries regarding resale values or worries regarding problems that their vehicles may hold.
Car leasing also allows for people to drive newer and cooler cars than they would otherwise be able to afford, allowing them to portray a better image and feel fantastic, take BMW car leasing for examples – This is something which is affordable to all, but not everyone could simply go out and purchase a BMW outright.
Is leasing for you?
Car leasing can be beneficial to all but it is up to you what you choose to do, we are simply here to give you our expert opinion. Some of the pros of car leasing, loved by many, are as follows:
- Low/non-existent down payments
- Monthly payments which are typically much lower than loan payments
- Car leasing can be carried out by those with bad/ poor credit ratings
- Most warranties last 3 years, which is also the average lease term time
- Maintenance costs are incredibly low
- No depreciation concerns
- Those that own a business can claim as tax deduction
These are only some of the amazing benefits in which car leasing offers too! The decision is up to you. If you are for any reason still unsure as to whether car leasing is for you or not, we recommend doing some further research – We never advise anyone to go ahead with anything unless they are 100% certain that they are making the best decision for their individual needs and requirements.
There’s a plethora of information regarding car leasing online for all to take advantage of, and also if you prefer to talk to someone face-to-face you could pop into your local car leasing dealership where there should be a helpful and knowledgeable team waiting to assist and guide you.