Auto Leasing Has Several Advantages over Buying One

Posted by thevantagegroup on March 15th, 2019

In this modern time, car buyers are opting for and using the lease system. Using a lease service could be completely and pessimistically rewarding; the one you get depends on your ability to deal with the financial discipline involved in using a lease service. A leased car is still the property of the leasing company not you; this is the reason why your lease company will ensure that you buy the right insurance that will totally cover the vehicle against damage and destruction. It is important that you get liability coverage. This will pay the medical bills and court fees if a third party are injured by your fault.


This choice would be a perfect fit for business owners who want to change cars or vans every 12 months to 18 months. As part of this form of agreement, the provider would be including the road fund license that would hold good for the entire period of the contract. When compared to the other forms of contract, Flexilease provides the option of terminating the contract within 9 months of signing the agreement. In addition to the car models mentioned in the contract hire form, models such as Octavia, insignia and Mondeo are also available on lease. In this form of contract, the customer requesting for the leasing service has to make some upfront payment

Ongoing rolling contracts

This type of contract is ideal for individuals who haven`t faced any county court judgments in the last 6 years. This contract is also available for limited companies who have maintained up to date accounts with positive net worth. In this contract type, the customer has to make a refundable security deposit at the inauguration of the contract. In this type of contract, the customer gets the choice of changing vehicles once in every six months. Thus there is no need for an agreement with the service provider on the aspects related to car maintenance during the leasing period.

Hire purchase

When you are looking to lease a specific or an older car, then this option would be an ideal fit. As a customer, you are eligible to finance a car that is six years old and has done a mileage of 70000 miles. The car should have less than three prior owners. There is an straight deposit that needs to be paid. This deposit is usually equal to four month leasing rates. This option has to create from a reputed dealer and the funder doesn`t have the rights to finance left hand driven cars. In addition to the upfront fees, there is an added administration fee stimulating by the provider’s contribution this type of contract.

To learn more about auto leasing services, you can visit here:, you can also compare for better and good services.

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