Top 10 Reasons to lease a new car
Looking for ways to fund that new car? Leasing is the answer…
Top 10 Reasons to lease a new car
If you are looking at ways of funding a new car, or even if you are considering purchasing a used car as your next set of wheels, and have been searching around on the internet, the chances are that you’ve come across car leasing once or twice! But what are the benefits…?
The leasing industry in the UK is growing year on year, particularly as more and more personal leasing customers who have traditionally bought or financed a vehicle through Hire Purchase and Personal Contract Purchase see the many benefits of leasing over buying.
There are a whole host of reasons to lease a vehicle over purchasing, but here’s a list of 10 that matter the most.
1. Cost effective solution to fund premium vehicles
Your monthly car leasing payment is worked out by taking the expected price of the vehicle at the end of the leasing period, called the residual value, away from the cost of the vehicle from new, including any optional extras. The balance is then split equally over the term to give your fixed monthly payments.
Now, premium vehicles are expected on average to lose less money than most other vehicles, and because of this are often cheaper to lease than fund through any other form of finance. They are often even cheaper than the equivalent model from a less desirable brand.
2. Effective management of motoring costs
With car leasing, you have one monthly payment to make over the 2-3 year period, meaning you can plan forward your motoring costs over the full period in advance, helping you budget your car spend. This is especially useful for managing your house hold budget!
3. Maintenance included
With a car leasing deal, you can opt to take a maintenance contract as part of the package which covers all maintenance, servicing and tyres for the life of the contract – giving you even less to worry about on a monthly basis. And, our maintained package is standard with all of personal leasing deals.
4. Our buying power delivers discounts
We have over 30 years’ leasing experience in the UK and so we’ve built up very strong relationships with manufacturers. Because of the number of vehicles we buy from them, we are able to get bulk discounts on the vehicles we buy. These savings are passed directly on to you!
5. Depreciation risk? We’ve got it covered
Over the 2-3 years of a leasing contract, your vehicle will lose value. If you buy or finance a vehicle, the losses on the vehicle are taken by you when you sell the vehicle on, but because a leased vehicle is owned by us, at the end of your term when you hand the vehicle back we cover those costs and you are free to walk into your next leasing deal.
6. A new car as often as you want
We can offer a tailored leasing agreement giving you access to brand new vehicles on terms that suit you! Our standard leasing terms are between 2-4 years, so you can update your vehicle more often for a brand new model! Simply advise us of your annual mileage and we’ll be able to provide you with an all inclusive fixed monthly cost! And, because technology is getting greener every year, this also means that your new vehicles are likely to be cleaner, and more efficient – so less trips to the pump to fill up and more cash in your pocket.
7. Extras included
Our aim at Car Lease 4 U is to make it as straightforward as possible – our motto is ‘You do the driving, we do the rest!’ – and so all Car Lease 4 U customers have access to AA roadside assistance as standard! We also have one of the most comprehensive maintenance packages available as part of our personal leasing deals, meaning that all you’ll have to worry about is insurance and fuel!
8. No large up front payment
With Hire Purchase you’ll be aware that high deposits are the norm but leasing with Car Lease 4 U Go allows you to decide how much you would like to pay up front with a minimum of a three months in advance! This means that you’re not having to borrow additional funds or eat into your savings!
9. Worried about mileage
Worry no more… When setting up your leasing agreement you will be asked to estimate your annual mileage. We understand that things can change from moving house to getting new job, such lifestyle changes will of course adjust your annual mileage. That’s why mid contract you can contact us and we’ll update your agreement with your new mileage requirements and this will be reflected in your monthly payments. Please keep in mind that such changes must be made prior to the remaining six months of your leasing agreement.
10. Hassle free motoring
‘You do the driving, we do the rest!’ is our company motto at Car Lease 4 U! We offer a hassle free, all inclusive personal leasing package that is second to none including a number of services from unlimited premium tyres, servicing, general maintenance and road tax through to AA roadside assistance and access to our dedicated driver line. Just one telephone number to access all of these services.
Why lease with Car Lease 4 U?
Car Lease 4 U are well placed to be the ideal leasing partner when you lease a new car or van for your business – just ask our happy drivers in the UK!
Call our award winning team of leasing experts today on 028 7122 8822 to experience our hassle free leasing with Car Lease 4 U!