Why Leasing a Car is Better Than Buying

Why Leasing a Car is Better Than Buying

Why Leasing a Car is Better Than Buying

Car leasing makes the monthly payment less expensive because you are only "renting" the car and are paying on the depreciation rather than the entire purchase price. This is important to most working people because the car payment has to be worked into the monthly budget, and often the lesser amount is of prime concern.

The "down payment" for a leased car is much less, also, which is a big factor when a person doesn't have the excess funds to buy a car.

If you can afford to pay a somewhat larger monthly amount than a minimum for a small car, you can treat yourself to a higher-priced car than you would be able to purchase. To many people this is a major necessity for various personal or employment reasons.

Watching the number of annual miles allowed by the lease, you can drive your car as much as you want to within those limits so that you won't owe anything for excess mileage. For normal driving, the 12,000 or 15,000 miles a year is more than sufficient.

You can often negotiate more on a lease agreement if the company buys vehicles in large amounts.

If you lease for perhaps 3 years, your upkeep and repair costs are practically nil. You may have to pay for an oil change or two and perhaps some maintenance at certain mileage points, but you won't usually have to worry about new tyres, a new battery, brake work or any of the other repairs that occur as a car gets older. You can just get in and drive it and know where you stand budget-wise and not have to spend large amounts for unexpected expenditures.

At the end of a lease, you can just turn in the car and "walk away" if that is what you choose to do. You don't have to cope with trying to sell a used car for a price that may not be the amount you need in order to get into a new vehicle.

Car Leasing has advantages over buying, and for both personal and business reasons is often the sensible choice.Car Leasing UK offer a wide variety of lease cars and options designed to be suitable to each customers personal requirements.

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