Top Tips for Car Leasing

31 Jan

When you’re looking to upgrade your car it can sometimes be difficult to decide what the best option is – should you lease or buy a car outright. Interest rates are staying low for 2013 so car leasing may well be the way to go. Here are some important things to remember when you’re leasing a car:

1. Finance

Knowing that interest rates are low, people may be thinking of taking out a personal loan to pay for a new car, however it could still work out better financially for you to lease a car. Remember, this means you’re not committed to buying the car; you only have it for a few years. However you always have the option of buying it at the end of the lease, which may well work out cheaper than if you were to buy it outright from a dealership.

2. Pick Your Car Sensibly

Leasing a car may be your chance to bag the car of your dreams but remember you still need to pay for the running costs. Think seriously about what you’ll be using your car for. If it’s for commuting you need a fairly economical car, if it’s going to be your family car then you need to be looking for comfort, space and practicality.

3. Business Use

If you’re looking for a new car for work then it may be worth asking your employer what package they could offer you. It may be that they will help fund the lease if you’re using the car to travel up and down the country visiting prospective clients.

Here at Applewood Vehicle Finance we’re experts when it comes to car leasing, whether it’s for personal or business use we are sure to find you the perfect car and the best deal. For more information on our leasing packages be sure to get in touch with us on 0800 783 3812 and speak to a friendly member of our team.

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