Car and van leasing is a very popular option. 25% of all vehicles are leased. However, it is a relatively unknown choice in the UK. Vehicle leasing is becoming more popular in the UK. With many drivers looking to replace their car after a few years, it’s a great way to save money and get a brand new vehicle.
Leasing allows you to drive without worrying about depreciation, which is a major concern for buyers. Personal contract hires allow you to rent new or used cars and include an option for complete maintenance packages so that you can drive without any worries. You don’t have to worry about trying to sell your car at the end of the contract, as you just hand it back. For Van Leasing Bristol, go to autolyne.co.uk/van-leasing-near-me/bristol
Leasing is an option for people who enjoy driving new cars, and want to have the latest models. The monthly payments are manageable. If you prefer the ownership of a vehicle and want to keep it for a long period, then buying remains the best option.
Leases also offer a lower or no down payment. The monthly payments are less than a loan. Warranties are generally the same duration as the lease and agreements can be easier to get than loans, even if your credit is bad. You can claim a tax deduction if you lease a vehicle for your business.
You will need to take into consideration that there are additional fees when you exchange or damage a car. Depreciation is also reflected in the monthly payment and not just with the dealer.