Types of People Who Should Lease a Car
By Jamie Hill - 19 March 2019
When it’s time for a new car, there are lots of things to consider. You need to think about budgets, manufacturer preferences, whether you are looking for something large or compact – and other factors. Leasing is also becoming a consideration for people who are looking for a new vehicle and for good reason. We have listed various types of people who may want to lease a car.
If you are a business owner – leasing a car could be the perfect option for you. It means that if you are using it on the road a lot as part of business travel, then you don’t need to worry about the miles on the clock as you can hand it straight back to the leasing company. There are also tax advantages to leasing a car if you can prove that the vehicle is being driven at least 50% of the time for business use.
People who are Working on a Budget
If you are on a bit of a tight budget, leasing a car could be the perfect choice for you. As you are entering a lease agreement – you don’t need to worry too much about the upfront payment. This can take a lot of the financial burden away. As well as this, there are lower monthly payment installments than you would expect. Depending on the deal you get with the leasing company you also may get road tax taken care of as part of the agreement.
If you love cars, then leasing is a great idea. By leasing – you can get access to cars that you perhaps wouldn’t generally within your budget. You could take advantage of the likes of a Range Rover Evoque lease, or even a BMW lease – depending on what your preferred manufacturer. Premium car fans can get an excellent opportunity to experience those kinds of cars on an everyday basis. You can fit everything into a manageable monthly payment to make sure it’s affordable for you. There are some great Range Rover Evoque lease options out there as well as other high-quality vehicles.
People who Change their Car Regularly
If you get fed up with your car easily and are the type of person that likes a change every now and again – this is the perfect option. At the end of your lease agreement – you can simply hand the car back. At this point, you can then select another car of your choice. You also don’t need to worry about the value of the vehicle depreciating. That way you will never be bored and always be happy with the car you are driving. You might want to opt for a short-term lease if this is the reason for choosing lease over purchase.
If you fall in any of the above categories – then leasing a car could be right for you. Make sure that you look into all available options before entering into any kind of agreement.