What are the benefits of leasing for private individuals?

18th December 2009

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Benefits for private individuals :

You can have a brand new car every two to four years.
Monthly repayments will be on average between 35% and 55% less costly than the repayments on a car loan. Also, in the majority of lease agreements, only a small deposit is necessary, usually amounting to 3 monthly payments.
Stop worrying about the car depreciating in value. The individual doesn’t own the car the lease company does.
Gain access to prestige models that would normally be too expensive with other forms of finance.
Avoid the need to haggle in the used car market.
Make lower monthly payments that can also cover maintenance and servicing. Road tax is also usually included in the lease.

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