Car leasing offers a flexible alternative to buying a car outright, allowing the motorist to drive a new car every few years, with relatively low monthly payments and no worries about the car’s resale value. Simply put, leasing is effectively long-term rental – you pay a fixed monthly fee to use the car for an agreed time period and number of miles.
Unlike other arrangements you never own the vehicle and at the end of the term it must be returned upon which you could select a new car.
There is no extended tie-in with a lease and most drivers are attracted by the prospect of being able to drive a different vehicle every few years, making this method flexible and able to support lifestyle changes.
You can drive a brand new car every two to four years and enjoy the safety, fuel economy and performance advancements found on newer models.