subject: Why to lease when you can buy a car [print this page] Why to lease when you can buy a car
Ukleasingandcontracthire.com is the market leader in UK for contract hire and car leasing. The company is in the market for last few years. They are the most dominant player in the web today. A customer says "there is no point in loosing mouse time elsewhere when you have Ukleasingandcontracthire.com". Truly, they have emerged as the front runner in a very short period.
While all is good about the vendor, one might have a basic question as why should I lease when I can buy? Here are a few quick points to help the argument.
* You can go for your dream car when you lease as you can afford. But not the other way round. This is a non tangible or non economic benefit though, a dream car is quite close to heart and one should enjoy it when possible.
* The resell value of car is very unattractive as compared to the huge capital investment and the depreciation cost to buy it at the first place. If you calculate normal interest rate of the capital or the car loan, it substantiates the rental cost by a decent percentage.
* Overall total cost of ownership is less as compared to owning it. The total cost of ownership depends on many factors like rental time frame, maintenance option etc, but whatever it may be; the cost is definitely less as compared to owning it.
* You can upgrade your car frequently. This is an exciting opportunity to move on quickly to follow the heart or the voice of your sweetheart.
* Tax benefit For small business especially, one can get very intelligent tax benefit when they go for the right car with less carbon footprint. At times, you may save half of your VAT amount.
* Easier to understand, rent, keep extend or even terminate. Never so easy with a commitment of owning it.
* Pay per use Pay only for what you use not for owning it. Though it depends on the type of agreement, almost all the types prevalent in market, is flexible to accommodate usage pattern and companies do offer attractive prices for the heavy users.
* You will not get it at the price as they, Ukleasingandcontracthire.com gets it. They have special tie ups with manufacturers to get discounts. Subsequently, this benefit is passed on to the customer. Also the cost of garage maintenance is obviously less while going through Ukleasingandcontracthire.com as compared to individual.
Car leasing and contract hire is gaining popularity day by day. Probably some day will come when nobody will own a car but still enjoy many.
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