10 Reasons to Lease a Car


Are you considering buying a car, but think leasing might be a better option?  Most people in the UK prefer leasing a car to buying one, and for a good reason. Leasing a car comes with many benefits, some of which you wouldn’t enjoy if you chose to buy the car instead. Outlined below are some of the reasons/advantages of personal car leasing.

1. You get the best deals
Most car leasing companies in the UK operate as autonomous vehicle brokers. This thus means they get the best deals in real time from major dealerships and finance companies in the country.  That said, these companies offer competitive market rates to their clients, car leasing deals which can save you good money in the long run.

2. Access to a better car
Leasing gives you the privilege to choose a much better car than you could afford. Another advantage of leasing a car is that you only pay for its depreciation during the lease period, and not its value. This means monthly payments for the same will be much lower than if you were financing a car loan. This also means you get to drive a better car in terms of make and trim.

3. Drive a reliable car, all the time
Cars are known to depreciate in both value, performance, and dependability as time goes by. An older car is more likely to break down, which might not be the case with a newer version of the same. Leasing gives you a chance to drive a new car, hence no need to worry about the car breaking down. Most of these cars are still on warranty too.

4. Access to the latest safety features and technology in motor engineering
Newer car models come equipped with the latest safety features and technology that makes driving both easy and safe. Leasing a car lets you enjoy most of these features, which includes Autonomous Emergency Braking (prevent crashes) and MirrorLink.

5. Spend your money wisely
Leasing a car is a wiser decision as compared to buying it. According to J Paul Getty, a billionaire tycoon, a wise person leases anything that depreciates and buys anything that appreciates. You don’t have to spend your life's savings on a car that will depreciate, and only spend much of its time outside the house.

6. Total control of your car's expenses
When you lease a car, all monthly expenses are rolled into one package. This includes breakdown cover and Road Fund License. The package, of course, is exclusive of insurance and fuel.  You can also choose to include a maintenance package to the lease to lower the budget even more. You can, therefore, have an estimate of how much you get to spend on the car.

7. Eliminates big-ticket motoring costs
By leasing a car, you get to choose the newest car available. As mentioned earlier, newer cars are more reliable, meaning you never have to spend money on items such as aircon units and timing belts. The chances of needing a new battery for the car are minimal too.

8. No need to worry about the car's roadworthiness
New cars don’t require the annual MoT roadworthiness check until they are 3 years old. Leasing a new car eliminates the need to have the car checked unless you choose to keep it for more than 3 years. Most people however choose to switch to another car instead.

9. No PCP hassles
At the end of the lease period, all you need to do is hand the vehicle over to the leasing company free of charge. This also gives you a chance to pick a new car hassle free. This is unlike PCP where you have to negotiate with the dealership on its value.

10. No need to deal with dealerships
Leasing eliminates the need to deal with dealerships. You therefore never have to drive from one dealership to the other looking for a better deal. All you need is identify a reputable broker to hire the car from.

Topics

A93820014BS ACS AI ALPR ALPR Cameras ATS Aha Mobile Android Apple Arizona Atlanta Attorney Australia Auto Insurance Baltimore Belgium Beltronics Bikes Brooklyn CDOT California Camera Vans Canada Carpool Cars Chicago City Council Class Action Cobra Colorado Connected Signals Connecticut Corruption Crashes Crosswalk Culver City DIY DOT DUI DWI Dangerous Intersections Dash Cam Data Database Des Moines Distracted Drivers Drivers License Driving Instructor Drowsy Drunk Drivers Dubai E-ZPass England Escort Europe FOIA Facial Recognition Fake Cameras FasTrak Fighting Tickets Finance Fines Fleets Florida Ford France GPS Angel GPS Navigation Garmin Gatso Georgia Germany Ghost Glendale Google Google Maps Government Guest Writer HOV Cameras Hawaii Here Hidden Cameras Highway Robbery Highways How To IOT Illinois Injury Inrix Insurance Iowa Ireland Italy Iteris Joe Biden LPR Cameras Laser Craft Law Suit Laws Left Turns Legislation License Plate Local London Long Beach Los Angeles Loud Exhaust Louisiana Lyft MTA Machine Learning Magellan Maine Maintenance Manhattan Maryland Massachusetts Minnesota Missouri Mitac Mobile Ads Mobile Apps Motorcycle NHTSA NTSB Navigation Navigon Navteq Nestor Netherlands New Jersey New Mexico New Orleans New York New Zealand News Noise Nokia Oahu Oakland Ohio Oregon Parking Parking Tickets Peasy Pennsylvania Philadelphia Phoenix Photo Notice Points Poland Politics Poll Portugal Privacy Radar Railroad RedFlex RedSpeed Removing Rhode Island Ridesharing Right Turns Ring Doorbell Roundabouts Russia Sacramento Safe Speed Safety Safety Cameras San Diego San Francisco San Jose Scam Schools Seat Belt Seattle Shutting Down Singapore Snitch Tickets Sound Cameras Spain Speed Vans State Ban Street View Students Subscription Supreme Court Surveillance Switzerland Taxi Technology TeleAtlas Tennessee Tesla Texas Texting Tickets Tips Toll Road TomTom Tracking Traffic Traffic Camera Traffic Lights Traffic Safety Traffic School Traffic.com Trial by Written Declaration Trinity Trucking UAE UK Uber Unpaid Ticket Vehicle Occupancy Verra Mobility Violation Fines Violation Info Violation Speed Virginia Vision Zero Voters Washington Washington DC Waze Xerox Yellow Lights YouTube accidents average speed cameras carplay cell phone construction contracts courtesy notice crime crowdsourcing download failure to stop freedom of information act request humor iOS iRadar iphone lawyer legal maps mobile speed zone photographs police red light cameras rental car tickets research rolling right turns secutity settlement signs solar speed cameras stop sign cameras subpoena traffic attorney traffic tickets trucks video warning devices warning notice