Leasing a vehicle is effectively the same as renting it for a certain length of time, usually for two, three or four years. You choose the make and model of vehicle, how many miles you are going to drive each year and for how long you would like the contract to last. At the end of the leasing agreement, just hand the car back. You will not own the vehicle at the end of the lease.
Leasing means you do not have to worry about the depreciation of the vehicle or disposing of it at the end of the contract.
Leasing is now an increasingly popular and affordable way to drive a brand new car or van, as you are only paying for the initial payment and a monthly rental, you are not paying to actually own the vehicle. For that reason, initial payments are usually lower and monthly payments are often much more affordable than the expense of owning a car.
With leasing, you also benefit from manufacturers’ warranties; road tax is often included as well as breakdown recovery. You may also want to consider the option of including a monthly-paid maintenance package for complete hassle-free motoring.
Businesses may benefit from additional fleet support and fleet discounts, reduced administration costs and advantageous tax benefits.
No comments:
Post a Comment