A while ago I decided that the next car I owned, I wouldn’t own! To explain that further, I had found out about the great benefits of leasing a car. For years I had paid out for cars breaking down, taken the hit for the cost of the car in the first place, and generally spent half of my existence worrying what would go wrong next with my vehicle. The stress levels of owning a car can be really high, and frankly I was sick of this existence. There was no way around it other than leasing. Buying new offers you some warranties against breakdowns, but to be able to buy outright, you need to take finance, which is not something I want to do. Also, you suffer the disappointment of the value of the car plummeting the moment you drive it out of the showroom! Hire purchase is another option that people will recommend to you, but after you have paid the initial down payment, and paid all of your monthly bills for the full term, you will be left with a car which is already worth less than you have paid for it.

If you decide to get a lease hire, then you can be confident that the car will be maintained. You will also not be subjected to any massive down payments. I came across a lease hire company called frontier leasing, and the deposit for a decent family car seemed to be about £700, depending on the exact model that you wanted. It seems like a great deal to me, and I can’t wait to take advantage of it.

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This entry was posted on Tuesday, June 15th, 2010 at 4:56 pm and is filed under All About Auto. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.