Why choose to lease a car?
Leasing is rapidly becoming the norm when it comes to choosing your next car or van. Keep reading to see some of the main benefits:
Get a Fantastic Deal
Leasing brokers continually search for the best leasing deals around from all the major finance companies and dealerships across the length and breadth of the UK. This means as brokers, we can offer some of the most competitive market rates available anywhere, helping push your monthly costs down.
Drive a Better Car
Leasing a car means that unless you choose not to, you'll be driving a better vehicle than you would if you had bought one. How is this possible? Well, when you lease a car, you only pay the car’s depreciation for the lease period, not the value of the car (this is because you do not own the vehicle). As a result, your monthly payments are typically lower when compared with other forms of finance, so you can lease a better make, trim or add on additional options if you wish and still potentially be paying less each month.
Drive a Reliable Car
There is nothing worse than getting into your car each morning, about to make the work commute and saying a silent prayer as you turn the ignition key. Everyone knows that as cars get older, the less reliable they become. Leasing a car alleviates these worries because you’ll be driving a brand new car. What’s more, if something does go wrong, the car will normally be covered by the manufacturer’s warranty.
Enjoy the Latest Technology and Safety Features
Because you are driving new a brand new car, you get to enjoy the benefits of the latest technology manufacturers have to offer. Recent popular additions include fantastic features such as Autonomous Emergency Braking to help prevent crashes, MirrorLink that syncs your smartphone screen with the car’s, lane assist, auto parking, night vision and even projected pedestrian crossings!
Avoid Nasty Depreciation Costs of Owning a Car
Billionaire oil tycoon J Paul Getty once said: “If it appreciates, buy it. If it depreciates, lease it.” Leasing a car means you won’t be sinking vast amounts of your money into something that spends much of its life sitting outside your home losing your money over time.
Take Control of Your Monthly Vehicle Spend
Apart from fuel and insurance, when leasing a car, you know exactly what it is going to cost you during the lease because your expenses are rolled into one – monthly payments, Road Fund licence and breakdown cover. And if you include a maintenance package, your ability to budget becomes even stronger.
Cut Out Big Ticket Motoring Costs
You’re driving a new, and more importantly, more reliable car, so it’s highly likely you won’t have to replace costly mechanical items such as timing belts or air conditioning units because by the time these issues start to occur, it will be someone else's issue. You probably won’t even need a new battery.
Avoid the Hassle of the MoT
Cars don’t have to have the standard annual MoT check until their third birthday. By that time, unless you have taken out a longer lease, the car will most likely not be your responsibility any more.
Avoid PCP Hassles
With leasing, you simply hand back the car at the end of the lease and you are free to choose your next new vehicle unhindered. Unlike PCP, there’s no stressful and frustrating haggling over the final payment for the vehicle. You can simply speak to your trusted lease broker and arrange a brand new lease to suit your needs.
Avoid the Dealership Monopoly
Dealing with independent brokers who constantly review the market for the best rates means you are not being held captive to dealership finance. You also don’t have to trawl around car dealerships trying to work out which one will give you the best price – only to end up feeling like they all want to rob you. Because brokers, at the heart of what they do, constantly search for the current best deals around, you get to keep your free time and still benefit from fantastic lease deals. Piece of mind and saving money are the main benefits of using a good lease broker.
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