Car leasing can be one of the best ways to cover the costs of motoring.
When buying a car, you have to pay the full price for a vehicle with a continually decreasing value. To get the best return from your initial cost, you need to run that car for its full lifespan. You can end up driving an older car with higher maintenance costs, basic features and a lower specification. A car’s performance normally drops over its lifetime unless it’s been maintained to the highest standards, which comes with extra costs.
When you lease a car, it’s like renting a house or flat in that you only pay for the part of its life you use and at the end you hand back the keys to the leasing company. Unlike hiring a car where you rent it for a fixed period (e.g. a few days, a week or fortnight), contract hire and leasing is like long-term renting and often includes the choice to buy the vehicle over time.
One major benefit of leasing is that you don’t need to worry about the car dropping in value as it ages – because you don’t own it. This also means you don’t have to go through the bother of selling it once you’re done with the car, as you can simply give it back at the end of the agreed term.
Leasing means you can be driving a new model car every couple of years if you like meaning that you’ll never have to be concerned about the car being out of warranty. Green Apple Leasing also have the option to pay extra each month for maintenance costs, avoiding the need to find the money to repair it if there any problems outside the range of the warranty.
If you would like to know more about car leasing or if you have a query do not hesitate to contact our friendly staff on 0800 193 2422 or email [email protected] – we will be more than happy to help you.
