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Economy Leasing UK Ltd

Leasing a car can be one of the best decisions you make when it comes to having a car. Most people are under the impression that buying a car outright is an investment, and it is in that you're getting your use out of it. But when it comes to its actual value, nothing depreciates more.

While many people likely are better off owning a car, the reality is that a lot of people would save a lot of money and hassle by choosing to lease cars as opposed to owning them. Here are just 5 reasons why this is the case, there are certainly more:

Nissan Qashqai Diesel Hatchback
1.5 dCi N-Connecta [Executive Pack] 5dr
£285.47 + VAT monthly rental
£1712.82 + VAT initial rental
Business leasing Nissan Qashqai, Hatchback
This vehicle has low CO2 emissions (Tax band A)
Business leasing
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Renault Megane Diesel Sport Tourer
1.5 dCi Signature Nav 5dr
£258.21 + VAT monthly rental
£1549.26 + VAT initial rental
Business leasing Renault Megane, Estate
This vehicle has low CO2 emissions (Tax band B)
Business leasing
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Mercedes-Benz GLA Class Hatchback Special Edition
GLA 200d WhiteArt 5dr Auto
£358.34 + VAT monthly rental
£2150.04 + VAT initial rental
Business leasing Mercedes-Benz GLA Class, Hatchback
This vehicle has low CO2 emissions (Tax band C)
Business leasing
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
2.1 litre Diesel Automatic
+ compare
Skoda Superb Estate
1.4 TSI 150 SE 5dr DSG
£220.70 + VAT monthly rental
£1324.20 + VAT initial rental
Business leasing Skoda Superb, Estate
This vehicle has low CO2 emissions (Tax band C)This vehicle is in stock
Business leasing
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1.4 litre Petrol Automatic
+ compare
Fiat 500C Diesel Convertible
1.3 Multijet S 2dr
£184.75 + VAT monthly rental
£554.25 + VAT initial rental
Business leasing Fiat 500, Cabriolet
This vehicle has low CO2 emissions (Tax band A)
Business leasing
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1.2 litre Diesel Manual
+ compare
Volvo V60 Diesel Sportswagon
D3 [150] SE Lux 5dr Geartronic
£283.17 + VAT monthly rental
£849.51 + VAT initial rental
Business leasing Volvo V60, Estate
This vehicle has low CO2 emissions (Tax band C)
Business leasing
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Mazda CX-3 Diesel Hatchback
1.5d Sport Nav 5dr
£239.00 + VAT monthly rental
£717.00 + VAT initial rental
Business leasing Mazda CX-3, Hatchback
This vehicle has low CO2 emissions (Tax band B)
Business leasing
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Mazda CX-5 Estate
2.0 SE-L Nav 5dr
£230.78 + VAT monthly rental
£1384.68 + VAT initial rental
Business leasing Mazda CX-5, 4x4
This vehicle is in stock
Business leasing
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
2 litre Petrol Manual
+ compare
Mercedes-Benz GLC Diesel Coupe
GLC 220d 4Matic AMG Line Premium 5dr Auto
£337.42 + VAT monthly rental
£2024.52 + VAT initial rental
Business leasing Mercedes-Benz GLC, Coupe
This vehicle is in stock
Business leasing
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
2.1 litre Diesel Automatic
+ compare
Ford Kuga Estate
1.5 EcoBoost Titanium X 5dr 2WD
£287.12 + VAT monthly rental
£1722.72 + VAT initial rental
Business leasing Ford Kuga, 4x4
Business leasing
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1.5 litre Petrol Manual
+ compare
Lexus IS Saloon
300h F-Sport 4dr CVT Auto
£372.02 + VAT monthly rental
£1116.06 + VAT initial rental
Business leasing Lexus IS, Saloon
This vehicle has low CO2 emissions (Tax band B)
Business leasing
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
2.5 litre Petrol/Electric Hybrid Automatic
+ compare
Volvo XC60 Diesel Estate
D4 [190] SE Nav 5dr Geartronic [Leather]
£250.06 + VAT monthly rental
£1500.36 + VAT initial rental
Business leasing Volvo XC60, 4x4
Business leasing
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Audi Q3 Estate
1.4T FSI Sport 5dr
£309.87 + VAT monthly rental
£1859.22 + VAT initial rental
Business leasing Audi Q3, Estate
Business leasing
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1.4 litre Petrol Manual
+ compare
Skoda Kodiaq Diesel Estate
2.0 TDI SE L 4x4 5dr DSG [7 Seat]
£283.61 + VAT monthly rental
£1701.66 + VAT initial rental
Business leasing Skoda Kodiaq, Estate
Business leasing
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Mercedes-Benz S Class Amg Cabriolet
S65 2dr Auto
£2822.02 + VAT monthly rental
£16932.12 + VAT initial rental
Business leasing Mercedes-Benz S Class, Cabriolet
Business leasing
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
6 litre Petrol Automatic
+ compare
Vauxhall Mokka X Hatchback
1.4T Active 5dr Auto
£282.82 + VAT monthly rental
£848.46 + VAT initial rental
Business leasing Vauxhall Mokka X, Hatchback
Business leasing
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
1.4 litre Petrol Automatic
+ compare

You Only Pay For What You Use: When leasing a car, you're essentially only paying for the use you get out of it. On the other hand, when buying a new car outright, as soon as you drive it out the showroom its value depreciates significantly. For this reason, car leasing often works out cheaper along with it being less hassle.

Cheaper Monthly Payments Than A Loan: Many people opt to take out a loan in order to purchase a car, thinking that they'll only be needing to make small monthly payments. The truth is, even with a 0% interest loan, you can almost guarantee that the monthly lease price of the same vehicle is significantly less. Think how much money you could be saving a month: what could you put that towards instead?

Always Have A Current Warranty: A big benefit of vehicle leasing is that you'll always be driving a new car and hence, always have a current warranty. Yes, buying a new car will likely come with a warranty, but it doesn't last forever. As soon as the warranty period is lapsed, any vehicle expenses are your problem. And needless to say, buying a pre-owned car without a warranty: well, that's just a dent in the wallet waiting to happen.

Get A New Car Every 2 or 3 Years: Much like the above point of always having a current warranty, having a new car all the time comes with other benefits. Contract lease deals typically last for 2 to 3 years, after which, you can opt for a new vehicle. This way you can always enjoy the latest models and technological advancements.

You Can Still Buy The Car Outright: And following on from the above point, even if you don't want to lease a new car again, you have first choice of buying the car once the contract has ended. This way, if you see no reason to change car and are in a better position to pay the remaining balance outright, you have that option.

These are just some of the reasons why contract hire can be far more sensible than buying a car upfront. Frankly, a lot of people don't even consider leasing a car and assume that buying is the only way. Don't fall for that trap. Be sure to fully consider contract leasing and its many benefits, you'll likely never look back.