More people are choosing leasing a vehicle over buying
So that trusty old car is finally reaching the end of its useful shelf life, but what next? Financing a new car in this current environment is tough going. A brand new car is out of the question which leaves the second hand market. This always feels like something of a lottery. Some people get lucky and get a nice reliable runner in good condition with low mileage. Others end up with a complete dog that costs them a fortune in garage bills and is constantly off the road. Even buying a used car requires a decent chunk of capital. Most people need a loan in order to be able to afford something.
So is there a better way than taking a punt on something on a used car lot? Is it worth running the gauntlet of sales people and sea of vehicles that might be great or might be shocking? More and more people are starting to turn to a different way to finance a vehicle. One that gives them access to brand new cars every two or three years without the cost of ownership.
Car leasing companies offer contract hire deals that suddenly make motoring a very different proposition. Instead of buying a car outright customers pay a monthly fee during the course of the arrangement. Rather than buying and owning, what drivers are essentially doing is paying for the cost of depreciation for the period that they have the car. It allows them to run brand new cars without the large upfront costs. Car leasing deals mean that the customer can buy at the end or simply start another agreement on another new vehicle.
Driving a new car has many advantages. They are less likely to go wrong for starters. If any fault does occur it’s dealt with under warranty. Car leasing deals give drivers access to vehicles they could never afford to buy outright. Suddenly prestige makes and marques are well within reach.
There are loads of great car leasing deals out there on a huge range of vehicles. No matter whether people need a super mini to pop around town in or a big executive style saloon for longer trips and journeys there’s a great deal to be had. No wonder more and more people are forgoing the costs and hassles of ownership and leasing their cars instead.
There are many different leasing providers out there in a crowded marketplace, so which one should customers choose? The first thing to consider is the monthly fee quoted, but it’s not the only thing. A good leasing company will offer expert advice and on going support should the customer have any questions or problems.
CLVR Ltd are one of the UK’s leading contract hire companies. They can help personal as well as business customers get great deals on a huge selection of vehicles. They always strive to give people a great mix of great value prices and top quality service. Avoid the lottery of the used car market. Leasing makes sense in so many ways.