Choosing to lease a vehicle can frequently be more cost-effective and convenient than buying a new car outright. It benefits customers who may not have the funds available immediately for the model they need, as well as those who like to experience a brand-new vehicle every so often.
In the long-term, leasing can be more affordable – primarily because depreciation in the car's value is not a concern. At the end of the lease term, assuming that you have met all of the conditions of the lease you can simply hand the model back.
Types of car lease and the benefits
A number of different solutions exist to give you more choice and flexibility. There are types of lease tailored to commercial and business drivers, with others that are more suited to private motorists and family car drivers. Our guides will take you through the pros and cons of each leasing agreement, including typical payment plans and the tax implications, to help you make up your mind.