Benefits of Car Leasing
Leasing is becoming a popular way of getting a new car but why should you choose car leasing? In this guide, we've highlighted some of the benefits of deciding to lease your next car.
Why Should You Lease?
With leasing becoming a quite popular way of getting behind the wheel of a brand-new car, it’s not surprising that you might have some questions about why you should lease. There are many advantages and benefits of car leasing so we thought we would list them for you below – have a look and see if leasing is right for you.
Benefits of Car Leasing
Brand New Car
With car leasing, you get to enjoy a brand new car every 2 to 5 years - depending on the length of your contract. This means you are getting the latest technology, models, specs and safety features every time you lease. This makes leasing a very affordable way to drive a brand new car and with prices tending to be lower than a lot of other finance options you can end up driving a better model car than you anticipated.
Less Deposit Required
With leasing, you have flexibility on what your upfront payment is. With PCP and Outright Purchase, deposit amounts can be quite steep when compared to choosing a no-deposit or 3-month upfront option. If you did have more money to play with, leasing also allows you to increase your deposit as well!
Fixed Monthly Payments
Your payments are a fixed amount that has been agreed upon at the start of the contract. With no surprise payments, you know exactly how much money is being taken out of your account each month.
Warranty and Road Tax Are Included
When you lease a car with Willow, both manufacturer’s warranty and road tax are included in your contract, so you don’t need to worry about paying extra!
Simple To Lease a Car
When it comes to leasing, you can guarantee a simple and hassle-free way to get that new car. Our website has been designed so that you can easily find the car you want, for the price that suits you and apply for it from the comfort of your home. Our supportive team of sales consultants are also there to help you if you have any worries or questions throughout your process including when you have received your car. You can sit back and relax with Willow Leasing.
No Depreciation Worries
A general worry about owning a car is the cost of depreciation. The value that the car becomes the more it is used, and the more time passes. When you eventually want to sell your car, you can guarantee that the car will be worth a lot less than when you bought it. When it comes to leasing, you don’t need to worry about the car’s value at all and sit back as you pay the fixed monthly amount you agree upon at the start.
Stress-Free Returns
Selling a car is never easy but with leasing, you don’t have to worry about that. When your contract comes to an end, the finance company come to collect your vehicle straight from your address – quick, simple and easy!
Should I Lease A Car?
Leasing isn’t completely without its disadvantages, but the benefits of car leasing certainly out weight the drawbacks.
There are a few factors that you will have to take into consideration when you lease: an early termination means paying a termination fee, you will be required to pay for any excess miles on the car and if there is any damage on the vehicle that exceeds fair wear and tear standards, you will be expected to pay for as well. You can read more about this on our BVRLA Fair Wear and Tear Page.
Leasing is also a big decision to make as it involves undergoing a credit check before you can go ahead. We always recommend that you sit down beforehand and make sure that this is the right decision for you and our team is always available to address any concerns that you might have.
If you think leasing is right for you, then you can start exploring our car leasing deals or can get in contact with the team on 0345 350 3776.