Here we are providing a helpful presentation that can be useful for those who are thinking to lease a car rather than buy a new car. Watch it carefully and save you money in leasing a new car.
Source: https://ascotmotorcars.wordpress.com/2015/03/26/car-leasing-guide-how-to-save-money
2. Car Leasing Guide - How to
Save Money?
Car Leasing Guide - How to Save Money?
Car leasing allows you to drive the car of your
dream without having a huge amount of cash.
Perhaps you are thinking that it is better to
purchase second-hand or used car rather than
purchasing the latest and most up-to-date car
brand.
You don’t have to envy those people who drive
luxury cars.
3. You can easily achieve that when you lease a
car. In general, a new car model will be
outdated form three up to five years from
now.
You may want to purchase the latest ones but
you are stuck and struggling to sell your car
for anywhere that close to what you paid for
at the first place.
4. Many people nowadays are considering not
owning a car. Instead, they turn their interest
to personal car leasing since it is more
profitable and cost effective.
It allows you to drive the latest car model
without spending too much of your hard
earned money.
5. .
Also, you can change the car model or car
brand after the leasing date is over. Between
two to three years, the value of a certain car
will be lessening.
it is known as depreciation car rate. Car leasing
system is based upon the principle that you are
paying the deprecation rate of the vehicle plus
a small amount of profits.
Buying or Leasing
6. Numbers speaks by them, you might prepare
or at least pay £20,000 which includes the tax
and insurance.
After three years and so, the value of the car
will be lessen from 20 up to 40 percent.
Do the Math
7. .
Let us presume that the car you bought will
become £14,000 later. That means you loss £7,500
without estimating the maintenance and
repairs.
While when it comes with cheap car leasing,
you are going to pay £8,750 for five years with
a normal instalment rate and monthly rate for
about £200 up to £500.
Overall, you are living through the good life.
8. It most cases, buying your very own car is
outright when you are aiming to use the
vehicle for a long period of time. It may cost the
same amount when you make the most out of
it.
However, consider that you still need to keep
most of your money for repairs and
maintenance while on the other hand car
leasing provides warranty whereas you no
longer have to worry about a thing when it
comes with repairs and other maintenance
9. Of course car leasing is not as simple as you
are paying for a certain fee of service.
Basically, there are mileage limitation that you
have to consider in order to avoid any
penalties and further charges.
The good news is, this is not as bad as it
sounds.
Car leasing made easy
10. There are car leasing company that are willing
to amend their car leasing deals for the sake of
their customers’ satisfaction and convenience.
Keep in mind that leasing is no difference from
owning a car since you have to take good care
of it since the car is not actually yours in the
first place.
Small scratches are forgivable when you return
the car while a wretched car means a lot of
payments you have to deal with.