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8 Things You Might Not Know About Car Leasing
posted on Mar 27 2015 by Kiri Nowak
New to car leasing? If you have not leased a car before you won’t know much about how it works. It’s useful to understand the car leasing process and be aware of the things you will need to consider when you lease a car. Some people miss out on the benefits of car leasing because they don’t fully understand what’s involved.
Here are 8 things you might not know about car leasing.
1. You can choose your mileage
Although most cars are listed with a mileage of 10,000 miles you can change this. If you think you won’t cover that many miles you can bring the mileage down and it could save on your monthly installments. Or, if you need a car leasing deal that enables you to do more mileage, 15,000 miles for example, there are specific lease contacts that will allow you to do this. A lot of people don’t realise just how flexible car leasing can be.
2. You can add servicing and maintenance
Want servicing and maintenance included in your leasing contract? This is possible on a wide range of cars. Including servicing and maintenance puts your mind at rest, you can feel at ease knowing if work needs to be done that it will be paid for. Make sure you read through your contract to see what is included in the service and maintenance package.
3. It works out cheaper than buying
Many people think buying a car is cheaper in the long run but in a lot of cases it isn’t. Leasing can often save you up to a third of the cost of buying a car. When you buy a car as soon as you drive it away it’s price drops. Depreciation isn’t something you have to worry about with car leasing. If you bought a Mercedes-Benz C220 AMG Sport brand new it would set you back just under £30,000. After three years if it’s done around 30,000 miles it would probably sell for around £17,000. Leasing this exact same car brand new would come to £10,865 over three years so you would save around a third of the cost.
4. You are allowed fair wear and tear
It’s normal for a car to get worn slightly over a two or three year period. When you give your lease car back, manufacturers allow for fair wear and tear. If you aren’t sure what qualifies as fair wear and tear click here to find out more.
5. You can add extras to your lease car
You don’t have to have the model shown on our homepage or on the deal you are looking at. You can pay a little more to have a better model. Or if you feel you don’t need a car that’s top of the range then you can get a more basic model and pay less. You can also change car features such as the colour, paintwork and add optional accessories like SAT Nav or full leather interior depending on the car.
6. We offer free delivery
Here at LeaseYourNextCar.com we offer free deilvery to anwhere in the UK. Your brand new lease car will be delivered straight to your door.
7. You can choose how much deposit you pay
When you lease a car you can choose whether you want to put a bigger deposit down. In most cases people choose to put down either three or six month’s deposit. The higher your deposit the lower your monthly payments will be and you can pay up to nine times the monthly costs as a deposit which really reduces the monthly outgoings.
8. Car leasing is simple
Car leasing isn’t as complicated as you might think. It’s a straightforward process and we help you every step of the way. Click here to read about how car leasing works and the process of car leasing.