If you are aged 50 or over - are you aware of the benefits that leasing a car, instead of buying it, could bring to you?
Leasing a vehicle is a little like renting a house or apartment in that you sign a contract to pay a monthly fee for the car over a set period, at the end of which you hand back the keys to the leasing company.
Most of us rent before we buy a property so the question has to be why are we not leasing a car rather than buying one?
When you thin about it why aren't we all enjoying the benefits of a new vehicle without the strain of up-front capital expenditure?
Those of us on fixed incomes who want to drive a new car with the latest safety features every couple of years or want a shorter financial commitment on their car are likely to benefit from leasing.
The needs of the over 50s may also change more frequently and thus a different lease contract every two or three years could accommodate these changes rather than being tied into a loan that runs for four, five or six years.
Leasing typically requires lower upfront costs and the monthly payments are generally lower than if you are buying the same car. Running costs are lower due to the car being under warranty - this helps with budgeting.
HOW IT WORKS
To enter into a contract, an application form is completed and submitted. This can all be done online with Little Green Car Leasing. Once approved a contract is signed and the car delivered. During the contract a monthly rental is paid. At the end of the contract the car is returned. Choosing the option for maintenance eliminates many risks and makes on going costs predictable such as servicing, tyres etc. Road fund licence is included in all contracts.
THE BENEFITS OF LEASING
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Low initial outlay typically equal to three or six monthly rentals.
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Rental costs are minimised due to discounted buying power.
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If a maintenance agreement is taken out this eliminates many risks and costs.
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Monthly costs are fixed, the only additionally costs are fuel and insurance.
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You don't need to worry about the car losing value as it ages.
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You avoid the hassle of selling the car at the end of the contract.
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Leasing means you could be driving a new model every two or three years, which means you will never have to worry about the car being out of warranty.
Take a look at our offers to see for yourself the huge variety of vehicles that we have available for you.