User:Tracymike

ABOUT LEASING : Personal Leasing & Business Leasing "If it appreciates, buy it. If it depreciates, lease it" John Paul Getty

Vehicle Leasing and Contract Hire are wise ways to manage your motoring. When an individual or a company purchases a car or van, they pay a full price to run a vehicle whose value is constantly depreciating. To get the best value from that initial outlay, you must run that vehicle for its full lifespan. That means driving around in an older vehicle with increasing maintenance costs and decreasing appeal.

Lease a car or van, and you only pay for the part of its life that you use. If you choose a car that costs £12,000 today and will be worth £5000 in 3 years' time, then you are only funding the difference of £7000. You then make equal monthly payments for the duration of the contract and at the end, you hand the car back with no worries about re-sale or trade-in values.

Business Leasing and Contract Hire makes sense for companies who manage fleets of cars. They can reduce their depreciation and maintenance costs while their newer fleet presents a better corporate image and makes for a happier workforce.