If you’ve never considered leasing a car before, the time could be right to find out about the many benefits of leasing a car and whether this could be the right option for you.
From easing your financial situation to taking away many of the headaches of car ownership, there are countless advantages to leasing a car. Read on to find out more.
In simple terms, car leasing is like renting a car for a longer period, usually from 24 to 60 months. You choose the vehicle you want, work out the level of mileage best suited to your situation, whether you would like to add on any extra service packages and away you go! It is also important to note that the many benefits of car leasing includes services such as roadside assistance, and a dedicated driver helpline. At the end of the rental period, simply return the car with the keys and start thinking about which car you want next! One of the most popular benefits of leasing a car is that it gives you access to a new car every few years, without any of the financial commitment of buying one outright and then having to sell it on.
There are a great many financial benefits of leasing a car, the first of which is that you do not have to commit yourself upfront with a lump sum to buy a vehicle outright. Leasing costs are paid in monthly instalments, giving you much greater financial flexibility. A lease contract also includes a number of advantages that car owners have to budget for separately – these include payment in full of the Road Fund License (road tax) and a number of service benefits, such as maintenance and roadside assistance. Attractively priced additional maintenance packages also remove any financial concerns about potentially costly repairs or nasty surprises down the road, as these will cover you for all your scheduled servicing and tyre replacement needs. They will also alleviate any safety concerns in terms of unexpected breakdowns or unforeseen repairs. Also, don’t forget that if you use your vehicle for business purposes, you may be eligible to deduct the VAT costs from your monthly lease payments.
Additional monthly maintenance options can be included in your regular lease payments, giving you budgeting flexibility and convenience that many drivers simply do not have. Full maintenance packages also include wear and tear on parts, engine, transmission, suspension and electrical repairs, taking away any potential concerns. In short, maintenance options when leasing a car offer you peace of mind and convenience that are not easy to come by when you own a car. Talk to your customer advisor about upgrading your package and remember that these costs are fixed and inflation-proof, another way that leasing saves you money.
The benefits of leasing usually include reduced upfront costs and lower monthly payments. Leasing often also works out cheaper than some vehicle financing plans due to the reduction in the comparative interest paid throughout the term of the contract.
Most importantly, leasing takes away all the hassle of having to resell the car, avoiding the risks of the unpredictable second-hand car resale market. Leasing also offers you the opportunity to access types of vehicles that you may not be able to afford when buying; this is particularly relevant when it comes to new cutting-edge, environmentally friendly cars, such as hybrid or electric models. Find out more about the about driving electric at our Electric Resource Hub.
Leasys offers competitive leasing options across a range of vehicle brands and sizes, from traditional fuels to electric cars. Leasys also boast a host of other benefits, including their award-winning customer services. Contact our expert customer service team today for advice on how to build a tailor-made leasing agreement that offers you exactly what you need and will have you behind the wheel of your next car before you know it.
