Frequently Asked Questions About Car Leasing In The 1

1. FREQUENTLY ASKED QUESTIONS ABOUT CAR LEASING IN THE UK Car leasing is a long term rental agreement.

2. Why is leasing better than buying? Why is leasing better than buying? Leasing Leasing is is the to to 5 5 years years in in affordable new new car car comes comes with worry worry of of depreciation, depreciation, and their their initial initial value value after ownership ownership. . Leasing Leasing is is better you you can’t can’t afford afford to to buy worry worry about about selling selling the in in the the future future. . Unlike pay pay for for the the depreciation depreciation over lease lease. . the process process of of driving affordable monthly with a a heavy driving a a new monthly payments heavy cost cost and and many many new after the the first first three better for for you buy because because you the car car with with depreciated Unlike bank bank loans, loans, you over the new car payments. . The and with with the new cars cars lose three years years of of you than than buying you don’t don’t need depreciated value you only only need the term term of of the car every every 2 2 The the lose buying if if need to to value need to to the

3. How does How does leasing leasing works? works? Car leasing is a long term rental agreement that offers use of a car for a certain period at fixed monthly payments set by the company. To lease a car, you must be over 21 age, have an employment history of a minimum of 3 years and have a valid UK license. the company will only lease you a car if you are eligible. exclusive driving

4. What cars What cars are available are available for leasing? for leasing? Car leasing provides you with opportunity to drive your favourite every years. Mazda lease is one of the best lease recently. the model of the car depends budget and the lease company you chose. an car few car deals However, on your

5. what is the period for leasing a car? the period lease a car for is 24 months, maximum period is 3 to 4 depending on the company’s and your needs. minimum you can and the years, policy

6. What will happen at the end of the lease? At the end of the contract, you will have to hand the car back lease company and choose the other car you want to lease. The task of selling the car and paying depreciation is the responsibility of the lease company. to the for the

7. What about maintenance costs? When you opt for leasing a car, many companies offer you a maintenance contract that covers all the repairs and maintenance. If you are opting business car leasing, maintenance contracts recommended because of the need for frequent repair. routine for are

8. What happens if allowed mileage is exceeded? The mileage is decided at the agreement. However, if you go over the agreed mileage, receive an Mileage Charge each mile. need to pay a small surcharge mile that you cover above the limit. The cost per mile varies from car to car and the lease company chose. time of you will Excess for will You for every you

9. Can you use the leased vehicle for business or personal use? Yes, you can, but you need increase expected mileage at the time agreement if you expect to more outside work. to the of drive of

10. Can you buy the vehicle at the end of the lease contract? Depending on the company and the contract you are on, you may be able to purchase vehicle from company at the end of the agreement. The cost of buying the car based estimated value of the leased vehicle driving.. the the will on residual be the you are

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