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Is leasing right for me?

There are many options for funding your new car or van, with leasing only being one of them.

Your circumstances or choice of car may influence the option that is best for you, ultimately affecting which option will cost the least. In a lot of cases the depreciation of a car over a three or four year period will be greater than the comparative cost to lease the vehicle for the same period. However, for models that retain their value well (like desirable classics and high performance cars) this is not the case and therefore buying outright is the more cost effective option.

However, overall cost may not be the be all and end all. If owning the car is more important than any cost savings, leasing will not be for you as ownership is not an option. Conversely, if you would like to avoid the hassle of selling the car after a few years and would like the security of a new car under warranty without investing the full vehicle price, leasing provides this opportunity for many of us.

Still unsure? We have compiled a series of questions that should help you decide.

If taking the leap into leasing is still a confusing or daunting prospect, our team of Leasing Consultants are on hand to offer expert, impartial advice. They will not only listen to your preferences and help you choose the right option for you, but they can also search and compare the latest car and van deals so you don't have to.

Call us the light at the end of the car financing tunnel.

If you would like to make use of our free lease consultancy service, all you have to do is contact us directly and our team will be very happy to help.

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Posted on 7th August 2019 at 11:11 AM

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