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Car Leasing Guide: Lease Or Hire

Posted On: January 18, 2008 at 1:07 am

If you don’t know the advantages of leasing or hiring over buying yet, this car leasing guide lists them down right here.  Remember to weigh the advantages and disadvantages before getting into it, though.  It’s a matter of preference when signing any leasing contracts.  They can last you from anywhere between 3 and 5 years which is why a lot of thought has to be put into it.


Advantages:
Lower Cost
Conservation of capital
Less or even no maintenance
No disposal costs and therefore no problems

Disadvantages:
Mileage limits which means you have to estimate annual usage
Comprehensive insurance is required
Not much of a choice when it comes down to car specifications
Replacement vehicle plans must be made promptly

Advice:
Look out for the bargains; you won’t regret it
Avoid adding extras when it comes to accessories

 
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