Top Benefits of Leasing a Car

You may be surprised to learn that the advantages of leasing a car extend beyond the perks of a shiny new vehicle. As well as avoiding any long-term commitment to a depreciating vehicle, you will also be able to drive away with less mechanical maintenance and lower monthly fees.

Still concerned whether car leasing is the right option for you? Here are some of the top benefits associated with leasing a car.

Get a Fantastic Deal

In most cases, car leasing companies will operate as independent vehicle brokers. This helps ensure that you can enjoy the best real-time deals from all of the major dealerships and finance companies across the UK. With these great options, you can enjoy some of the most competitive market rates, which will help drive down your monthly costs.

Enjoy a Better Car

If you opt to lease your car, you will typically find that you can afford to drive a better vehicle than you would if you had purchased one. With a car lease agreement, you will only cover the car’s depreciation for your lease period, not the actual value of the car. As a result, you will find that your monthly payments are much lower when compared to other finance options. This means you can afford to lease a better make or option.

Drive a Reliable Car

Are you constantly worried about your car breaking down? As cars get older, they become less reliable. If you choose to lease a car, you won’t have to worry about this problem as you will be driving a brand-new model. Plus, if something does go wrong, generally this will be covered by the manufacturer’s warranty, so you won’t have to worry about paying out for expensive visits to the garage.

Take Advantage of the Latest Technology and Safety Features

As you are driving a brand-new car, you will easily be able to benefit from all of the latest technological advancements that manufacturers are starting to introduce into cars. Recent additions that have proved extremely popular include things like MirrorLink, which automatically syncs your smartphone screen with your car’s, alongside Autonomous Emergency Braking to help prevent crashes.

Cut Out Big-Money Motoring Costs

With a lease car, you’ll be driving a new and more reliable model, so it is far more likely that you won’t have to worry about replacing big-ticket mechanical items. In fact, you probably won’t even have to worry about replacing your battery.

Avoid MoT Hassle

It’s worth remembering that new car models are not required to have an annual MoT roadworthiness check until their 3rd birthday. In most cases, by this time, the lease car you are using will no longer be your responsibility anymore.

Control Your Monthly Vehicle Spend

Other than car insurance and fuel, when you opt to lease a car, you’ll know exactly what your monthly cost is going to be, as everything will be rolled into one hassle-free payment. Also, if you include a maintenance package, your ability to budget is even stronger. 

Having car insurance is required by law in most states. If you are at fault in a car accident, the auto liability coverage required on your car insurance policy helps pay for covered losses, such as the other party’s medical bills and damage to their vehicle or other property that results from the accident. For more information, check out this article named,  Car Insurance After a DUI (How to Find Cheap DUI Insurance Rates).

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