Deciding which Car Leasing Company is Right for You

FinanceLoans / Lease

  • Author Lucy James
  • Published January 13, 2011
  • Word count 404

Car leasing, once a taboo, is now the easiest way to affordably get access to a brand new car. Why should you lease a car?

The biggest reason to lease is the difference between cost of leasing and the price of the car. It is cheaper to lease than to buy, which gives you access to a car that you may never be able to buy outright. If you prefer a Mercedes Benz, or a BMW, it will cost you less if you lease it.

Another reason is that you are able to dive a brand new car every few years. Sounds improbable? When you lease a car, you are only responsible for the wear and tear at the end of the lease period. You do not have to worry about its depreciating value. At the end of your lease, simply bring the car back to the dealer, and if everything works fine, simply walk away, or negotiate a new lease on ANOTHER brand new car.

The question remains; to own or not to own? When you own the vehicle, you losses begin to add up the moment you drive it out of the showroom. You can never get the price you purchased it at should you decide to sell it. Leasing keeps the use and maintenance payments low and you can have a new car after 5 years or so.

Car leasing companies are many, and varied in the term and conditions of their lease agreements. Before entering into any agreement, carefully consider the following.

Look for a dealer who has a wide range of vehicle brands enabling you to have a car of your choice.

Are you working with a dealer or a broker? Leasing directly from the dealer is preferable because you get much more personalized service throughout your lease period.

The costs considered at the end of a lease are varied and depend on the terms of your lease. There are extra costs added should you go over your estimated yearly mileage, or if you terminate your lease early.

A good dealer, such as car leasing UK, will give you multiple avenues when offering you support and help. This may be in the form of a toll free number, email or a FAQ section on their website.

Leasing a car has great benefits. Just remember to treat the car, as you would your own, even if it truly isn’t yours.

Lucy James has more than 6 years experience in journalism and content writing. Presently she is writing articles about car leasing companies and car leasing UK.

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