With over 1.6 million leased vehicles on the road today leasing is surely becoming more popular than ever. The mindset has changed over the years where people are loving the idea of having a brand new shiny car for a 2 or 3 year period then simply handing it back. I mean what is there not to like about leasing?
You can narrow down a vehicle suited to your budget with no long term attachment to it. There is no worry of depreciation risks. You'd wished you leased sooner.
Times are changing where we think we have to own a vehicle. With expected growth year on year in the leasing market car renting will become even a stronger option for drivers moving forwards.
With the changes of electric vehicles coming into play, is buying being smart? At least with the lease option i know i can give my car back with no fuss.
With over 700,000 new drivers from 2019/2020 there is plenty of scope for the leasing market to increase further. If car leasing was around when I passed my test would I have leased?
That is easy, 100 percent yes.
16th December 2020
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