Buying a brand new car can be expensive and this is why many people now opt to purchase a contract hire car. The financing options of a contract hire car allow you to get a car that if bought new would be out of your price range. There are lots of cars that can be financed in this manner such as the Audi Q7, Volvo V7 as well as Porsche Cayenne. (more…)
It would seem that a surprising amount of people in the United Kingdom aren’t completely sure how car leasing works, so to give you a helping hand deciding if car leasing is for you, here’s a brief overview of the basics.
In general terms, leasing refers to a method of paying for an using a car for a certain period of time without owning or paying the full price of the vehicle. Contract hire is a very similar process, with the only difference being that contract hire is usually for a set, longer period of time. (more…)
There are loads of great accessories available for your car including mobile phone accessories. Many car accessories will assist you with you day to day activities. These are accessories like sat nav’s that can provide you with an easy way to get around and find where you are going. (more…)
Fifteen years ago, chances are that no one in the UK would have known of the small Japanese car marque, Subaru. Those that knew of of these far-eastern autos viewed them primarily as farming vehicles that farmering communities would use to ferry their crops and sheep dogs from A to B when the trusty Range Rover was to wide for the twisty country lanes, they were a less attractive option than van contract hire. Of course now the Subaru name is well know in Britain, and has even earned the affection moniker, ‘Scooby’, mainly for its iconic now Impreza model, a popular choice for customers looking into car leasing. (more…)
Britain is a very different place to how it was even three years ago. The recession has stunted the economy which will take years to recuperate, this has had an detrimental effect on people’s lives and will continue to do so for decades to come. Nothing and no one has escaped the vice-like grip of the recession, from the housing market to graduate job seekers, everyone has suffered. (more…)
With car contract hire, the risk is assumed by the car leasing company, who will charge you a fixed rate for the duration of the contract, despite the condition of the vehicle or what it may be worth at the end of the term. When the residual value of a car is hit hard (often referred to as depreciation), it is not the consumer who takes the loss, instead hitting the finance company.
The risk for a company increases when they decide to purchase their vehicles outright and have an overdraft with their bank instead of a leasing agreement. (more…)
It is pretty much standard practice for car leasing organisations to change the cars in their range every 3 years; something that is common with a contract hire vehicle.. Some will try to hire the vehicle for a shorter term, where other companies may try to purchase the vehicle they have been hiring. Some will attempt to lease the vehicles for a shorter period of time, others may try and purchase the vehicle they have been leasing. (more…)
Car leasing enables you to drive around in a brand new car without having to find the money to buy it. There are many advantages to leasing a car rather than buying one provided the deal you are getting is a good one. But there are many confusing conditions of car leasing deals so before you sign up you should make sure you are completely familiar with the contract. (more…)