Car Lease Combats Depreciation
It shouldn't be any surprise that car leasing is growing in popularity, given the current economic downturn. It would be impractical for anyone to spend a bulky amount to drive a brand new vehicle when in fact car leasing makes it possible for anyone to purchase a new car minus the depreciation.
Brand new cars depreciate at an alarming rate, some more than others, but nonetheless every single car that is purchased from a showroom will depreciate as soon as the owner turns the key and hit the road.
With a down payment you can have your very own brand new MINI Cooper S for as little as 167 US dollars per month. Here's a detailed example: If you were to buy a brand new Alfa Romeo MiTo it would set you back around 8,000 US Dollars and after a year's ownership and average mileage the car would depreciate by between 15-20 per cent. You can lease the same brand new car for as low as 150 US dollars per month with no hassles of worrying about depreciation, plus you will receive all of the perks that come with car leasing.
When you choose car leasing you will receive servicing as part of the deal so you won't have to worry about expensive garage fees if your car encounters difficulties. You're also not tied to a long term contract since car leasing terms are good for 24 to 36 months. No large deposit, no financing worries, no servicing worries, no depreciation worries - these are some of the undeniable car leasing perks.
You wouldn't invest in anything else that would depreciate so quickly would you, and you don't have to ever again by indulging in a little bit of car leasing. It's the quick, easy way to get behind the wheel of a brand new vehicle that you could not afford to buy outright and is the perfect way to turn heads down the High Street, to impress the ladies or simply to drive to work each morning with a bit of comfort and style.
Car leasing companies offer all different types of vehicle, ranging from economical commuter cars, to luxury saloons, to the latest sports coupes, to comfortable and practical family SUVs. You name it, they can source it - and to your requirements to. You choose the colour, the size of the engine, the transmission, the interior, everything as you would when purchasing a brand new car only you don't throw your investment down the drain.