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Why is Leasing a Car Better than Buying

If you are the kind of driver who changes car every few years, then car leasing is the best option for you. Car leasing saves you the hassle of outright buying and selling. It is flexible, low-cost, and risk-free, plus you have a number of options to choose from.

So, what is car leasing? Car leasing is almost the same as a long-term rental. If you’re planning to lease a car, all you need to do is pay an initial payment, which is usually good for a few months. After this is a series of monthly payment which depends on the contract that you have with the car leasing company. Leasing is usually offered on brand new cars and the contract can last from two to four years.

This article enumerates the many benefits of car leasing.

#1. Monthly Payments. Many drivers may not be able to buy a car outright, therefore, paying on a monthly basis is a great help. Aside from this, the value of leasing a car is based on the residual value, the amount the car is expected to depreciate over the lease period.

#2 Low Cost. As mentioned earlier, the amount of leasing is based on the depreciation which means that you can get the car for a lesser price. However, the best cars to lease are those with residual values that stay high over time.

#3 Low Risk. At the end of the contract, the car is handed back. This means that even if the car depreciates in value more quickly than the predicted time, you are not left out of pocket.

#4 No Hassle. One of the simplest method if you want a new car is car leasing. Unlike buying a car outright, you don’t have to browse car sales websites, pay checks on potential purchases or worst, sell your existing car. The leasing company will do all the work for you and directly deliver the car to your door. If the leasing is up, the car will be picked up without other charges!

These are just a few of the many benefits that you can get from car leasing. Depending on the leasing company that you choose, there are a lot of other benefits that you can get. A good car leasing company will make things easier for their customers. Check and compare the rates and services that each leasing company offers. Some companies will offer breakdown cover, maintenance, tyres and road tax as part of the monthly payment and these things will make it easier for you as a lessee.

If you are open to the idea of leasing a car, find a leasing company that is perfect for your needs and see you as an important client. Sensible Cars is a car leasing & contract hire company both for business and personal hire. Our service is available nationwide with thousands of vehicles at very low prices.

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Posted on 4th April 2018 at 4:17 PM

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