The words car and leasing put together usually raises some misconceptions. To start off, it's important to realize that leasing a car is not the same thing as, say, renting an apartment. Car and leasing has been described as a form of financing where the lessee pays for the natural depreciation of a car's value over time. In a nutshell, what you're paying for in a car lease is the value the car loses in the natural course of things, not the whole car. There are certain advantages of getting a car for leasing instead of buying one, and a car lease can actually be an economical decision, be it for a business or for personal use.
One of the most enticing features of getting a car for lease and van leasing is that you get to drive a car that wouldn't normally fit in your price range. With a car lease, you don't have to pay for the full price of a brand new car but you can still experience its benefits. You can also have a relatively hassle-free time if you want to switch models, something that you won't be able to do with as much ease when you actually own the car. Most companies which offer cars for lease and van leasing make car switching really easy-in some cases, all you have to do is fill up a form! Leasing a car is also less strenuous on your wallet, since all you have to worry about it meeting the monthly fees. You don't have to go through the motions of taking out a loan or worry about the depreciation of the car's value with a car lease.
The best cars to lease for business and personal use may vary depending on changes in the economy, as well as the release of new models. Cars with high residual value, meaning their value doesn't decline as drastically, are the best types of cars to lease. As earlier stated, you're actually paying for the car's depreciation rather than its full price when you're leasing a car. Before you actually lease a vehicle, it's a good idea to research on car values and look for models that have high residual values, since these cars would often have lower monthly payments.
Although there really are no actual best models to lease, I have three personal favourite choices when it comes to car for leasing. The Mini Cooper convertible is on the top of most car lease lists, and it's also one of my favourites, since its average residual value is almost 60%, meaning its monthly lease payment is affordable and is well within an average person's price range. I also like the Toyota Corolla and the Nissan Sentra, since these two manufacturers produce cars that have low cost models with high residuals, making them perfect for leasing either for business or personal use.
If you're planning to lease a car, you should keep in mind that there are thousands of options available out there, and that with enough research you'll definitely find a great deal on a car that fits your needs and your budget.
One of the most enticing features of getting a car for lease and van leasing is that you get to drive a car that wouldn't normally fit in your price range. With a car lease, you don't have to pay for the full price of a brand new car but you can still experience its benefits. You can also have a relatively hassle-free time if you want to switch models, something that you won't be able to do with as much ease when you actually own the car. Most companies which offer cars for lease and van leasing make car switching really easy-in some cases, all you have to do is fill up a form! Leasing a car is also less strenuous on your wallet, since all you have to worry about it meeting the monthly fees. You don't have to go through the motions of taking out a loan or worry about the depreciation of the car's value with a car lease.
The best cars to lease for business and personal use may vary depending on changes in the economy, as well as the release of new models. Cars with high residual value, meaning their value doesn't decline as drastically, are the best types of cars to lease. As earlier stated, you're actually paying for the car's depreciation rather than its full price when you're leasing a car. Before you actually lease a vehicle, it's a good idea to research on car values and look for models that have high residual values, since these cars would often have lower monthly payments.
Although there really are no actual best models to lease, I have three personal favourite choices when it comes to car for leasing. The Mini Cooper convertible is on the top of most car lease lists, and it's also one of my favourites, since its average residual value is almost 60%, meaning its monthly lease payment is affordable and is well within an average person's price range. I also like the Toyota Corolla and the Nissan Sentra, since these two manufacturers produce cars that have low cost models with high residuals, making them perfect for leasing either for business or personal use.
If you're planning to lease a car, you should keep in mind that there are thousands of options available out there, and that with enough research you'll definitely find a great deal on a car that fits your needs and your budget.
About the Author:
To lease a car check out Leasing Options. You can also lease a van at Leasing Options.
No comments:
Post a Comment