subject: Cheap Car Leasing [print this page] Owning and running a car, whether for personal or business use, has never been cheap. When it comes to requiring a van or a car, specifically for business or a fleet of vans or cars for larger businesses, the option of buying can bevery expensive. That is one of reasons why people should consider car leasing.
There are an enormous number of options for people to take advantage of cheap car leasing for leasing cars for private or business use. Deciding to choose cheap car leasing can create very significant savings for businesses and individuals because they do not have to pay a large, upfront deposit as is the case when buying a vehicle.
As with any business transactions, the arrangements for cheap car leasing can be discussed and negotiated with the dealer, but there are some specific and significant reasons why leasing cars can make perfect financial sense.
Firstly, it is not always easy to find the capital sum for a large deposit. This is especially important for businesses which need good cash flow as a part of their work.
Motorists may also agree a part exchange for their old vehicle when buying a car.This acts asan alternative to a cash deposit. But that motorist is in the hands of the car dealer when it comes to how much money will be allocated for the part exchange.
Secondly, buying a car outright effectively loses the customer money because of the cars heavy depreciation, or loss of value, immediately after the cars has been bought. On average a new car will depreciate by 40 per cent in the first year, rising to 60 per cent after three years depending on its mileage and condition.
Leasing a car also means there is no hefty up front deposit to pay, but there isoften only a deposit of a few months of the lease charge. Monthly payments for a lease remain the same over the period of the agreement and tend to be much lower than the cost of a monthly hire purchase agreement if the car was bought.
Road tax is usually included, and maintenance and servicing agreements are also generally part of the deal of car leasing. At the end of the lease period the car is simply handed back and the process can start again.
