06 Jun 2024

Why Leasing a Car is the Best Financial Decision for You

If you’re looking for a new vehicle, you may be wondering whether it’s better to lease or buy a car.

Why Leasing a Car is the Best Financial Decision for You

If you’re looking for a new vehicle, you may be wondering whether it’s better to lease or buy a car. Purchasing a new vehicle outright obviously involves a large initial financial outlay that may put a strain on your budget, so why not investigate the option of leasing a vehicle instead? Modern lease agreements offer all kinds of benefits that you may not have considered, particularly compared to Personal Contract Purchase (PCP) financing agreements. Read on to find out more about whether leasing a car is a good idea and, more importantly, the right choice for you.

What is Leasing and How Does it Work?

Contract leasing is becoming increasingly popular among private individuals – what better way to have a new car every few years? Not only can it be cost effective, but it can also provide a range of advantages that you may not be aware of. Usually set to a fixed term and including a generous mileage allowance, a lease takes away any concerns about depreciation or the unpredictable resale market.

Simply return your car at the end of its contract or upgrade to the latest model. Leasys can also offer you a range of further optional services to help get the most out of your vehicle.

What is PCH?

PCH stands for Personal Contract Hire and it allows individuals to lease a vehicle for their own personal use, keeping them mobile in a flexible new way. Hassle-free PCH contracts operate with easy to manage monthly payments, a much more attractive option than the significant financial burden of buying a new, or even second-hand car, outright. PCH contracts can also offer driver support including maintenance, tyre replacement and roadside assistance. You don’t need to worry about your vehicle because someone else is doing it for you!

Top benefits of leasing over buying

Let’s look at the pros and cons of leasing a car over buying a vehicle. One of the main benefits of leasing is that it allows you to manage your finances from month to month in a more cost-effective way that is easier to keep track of. Leasing also provides access to greener and more environmentally friendly vehicle options that may be out of reach for buyers given the high purchase price of many of these cars.

The benefit of PCH leasing is its simplicity as it essentially works as a long-term rental contract. Compared with PCP financing deals, PCH agreements often work out cheaper in the long run due to the lack of interest payments. At the end of the term, you can simply return the car without having to worry about resale or loss of value, hand over the keys and work out which of the latest vehicles to choose for your next agreement!

Why Leasys is Your Best Choice for Leasing

Leasys offer a range wide range of vehicle brand, size and fuel options, allowing you to pick the car that is right for you. Your agreement will also include a range of services that take away much of the worry about owning a car. Fuel efficiency, safety and environmental mobility are taken care of for you – all you have to think about is choosing a Leasys car that meets your needs, whether it’s a Peugeot e2008 electric vehicle or a Jeep Avenger. Leasys also offer a full range of standard services included in your contract at no extra cost including a dedicated helpline for service booking and driver & roadside assistance in the UK and Europe.

Competitively priced optional services are also available, including a full maintenance and service package, nationwide tyre replacement with our trusted partner Kwik Fit, and a windscreen and glass service to guarantee peace of mind. Not only are these optional packages cost effective, but they also give you back the precious time it would take to arrange all these things yourself.

Trust Leasys to take care of everything so that you can focus on getting from A to B.