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Why Is Leasing Better Than Buying?

With our budgets becoming more and more tested as we slug our way through the dense glacial recession, what we spend our money on has never been more important. With Christmas poking its costly nose around the corner, it is no surprise that the winter months can be painfully expensive.

One of our biggest expenditures is undoubtedly our cars and the cost of running them. It is a reality we cannot escape, but it doesn’t have to be as frightening as Jack Frost’s fingertips.

Choosing your next car is a decision that takes a lot of consideration and can understandably be a daunting task. With confusing terms of conditions, baffling add-ons and puzzling payments, it can look like a minefield. At Car Leasing Online, we understand the financial pressures and changing lifestyles you face in day-to-day life so, we offer a cheap car leasing service which can meet your individual requirements as well as advise you on the choices facing you.

So what are the advantages to leasing rather than buying your next car?

Budget

Budget is by far the most important factor to consider and by a lower monthly cost and lower down-payment, this creates a smaller impact on your budget and cash flow when leasing.

Depending on the number of miles you drive or the car’s vulnerability to wear-and-tear, there may be additional charges but nothing that cannot be discussed or planned in preparation when discussing your leasing contract. You can also avoid the costly nuisance of repair bills should you be unlucky enough to have an accident or come across any problems.

Lifestyle

In a world where trends are forever changing and impressions can make all the difference, leasing allows you to change your automobile every year or couple of years depending on your lease. If you’re a sucker for the latest models or sharpest gadgets without paying the extortionate prices then leasing offers a lower monthly payment to a substantial one-off payment you may be faced with when buying.

As soon as your car leaves the garage, it is a victim to the cruel mistress of depreciation. With leasing you are not strangled by the hassle of selling afterwards. You just hand over the keys and pick up your next car should you choose to lease again.

It comes down to these two deciding factors when choosing whether to buy or lease. At Car Leasing Online, we are happy to help and offer advice in any way we can. If you are looking at leasing for yourself or commercially for a business, be sure to contact us.

 
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Car Leasing Online is a trading style of Mercury Vehicle Solutions Ltd, Registered Office: B1 Stanlaw Abbey Business Centre, Dover Drive, Cheshire, CH65 9BF.

Registered in England No: 6876840, Mercury Vehicle Solutions Ltd are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority (FCA) for credit broking activities.
Our registration number is 627562.