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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 new 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:

Mercedes-Benz E Class E200 Saloon
2.0 184 AMG Line 4Dr G-Tronic+ [Start Stop]
£267.43 + VAT monthly rental
£1604.58 + VAT initial rental
Special deal
Business contract hire Mercedes-Benz E Class, Saloon
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
2 litre Petrol Automatic
+ compare
Audi A7 40 Sportback
2.0 TDI 204 S line 5Dr S Tronic [Start Stop]
£346.02 + VAT monthly rental
£3114.18 + VAT initial rental
Special deal
Business contract hire Audi A7, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Mercedes-Benz E Class E200 Estate
2.0 184 AMG Line Premium 5Dr G-Tronic+ [Start Stop]
£305.21 + VAT monthly rental
£1831.26 + VAT initial rental
Special deal
Business contract hire Mercedes-Benz E Class, Estate
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
2 litre Petrol Automatic
+ compare
Skoda Karoq SUV
1.0 TSi 115 SE Technology 5Dr Manual [Start Stop]
£203.87 + VAT monthly rental
£1223.22 + VAT initial rental
Special deal
Business contract hire Skoda Karoq, SUV / 4x4
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Audi A3 30 Saloon
1.0 TFSI 116 Black Edition 4Dr Manual [Start Stop]
£190.69 + VAT monthly rental
£1716.21 + VAT initial rental
Special deal
Business contract hire Audi A3, Saloon
Business contract hire
Contract term: 36 months
Rental profile: 9 + 35
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Suzuki Swift Hatch
1.0 Boosterjet 111 SZ-T 5Dr Manual
£107.36 + VAT monthly rental
£1288.32 + VAT initial rental
Special deal
Business contract hire Suzuki Swift, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 12 + 35
Annual mileage: 5000
1 litre Petrol Manual
+ compare
Nissan Juke SUV
1.5 dCi 110 Bose Personal Edition 5Dr Manual [Start Stop]
£187.50 + VAT monthly rental
£1687.50 + VAT initial rental
Special deal
Business contract hire Nissan Juke, SUV / 4x4
Business contract hire
Contract term: 36 months
Rental profile: 9 + 35
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Ford Kuga SUV 2WD
1.5 T EcoBoost 150 Titanium 5Dr Manual [Start Stop]
£192.99 + VAT monthly rental
£1157.94 + VAT initial rental
Special deal
Business contract hire Ford Kuga, SUV / 4x4
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1.5 litre Petrol Manual
+ compare
Fiat 500 Hatch
1.2 8V 69 Pop 3Dr Manual [Start Stop]
£95.91 + VAT monthly rental
£1150.92 + VAT initial rental
Special deal
Business contract hire Fiat 500, Hatchback
Business contract hire
Contract term: 48 months
Rental profile: 12 + 47
Annual mileage: 5000
1.2 litre Petrol Manual
+ compare
SEAT Leon Hatch
1.8 TSI 180 FR Technology 5Dr Manual [Start Stop]
£179.00 + VAT monthly rental
£1611.00 + VAT initial rental
Special deal
Business contract hire SEAT Leon, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 10000
1.8 litre Petrol Manual
+ compare
SEAT Ibiza Hatch
1.0 MPI 80 SE Technology 5Dr Manual [Start Stop]
£119.99 + VAT monthly rental
£359.97 + VAT initial rental
Special deal
Business contract hire SEAT Ibiza, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Nissan Juke SUV
1.6 112 Visia 5Dr Manual
£129.51 + VAT monthly rental
£1165.59 + VAT initial rental
Special deal
Business contract hire Nissan Juke, SUV / 4x4
Business contract hire
Contract term: 36 months
Rental profile: 9 + 35
Annual mileage: 10000
1.6 litre Petrol Manual
+ compare
Alfa Romeo Giulia Saloon
2.0 T 200 Giulia 4Dr Auto [Start Stop]
£183.19 + VAT monthly rental
£1648.71 + VAT initial rental
Special deal
Business contract hire Alfa Romeo Giulia, Saloon
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 8000
2 litre Petrol Automatic
+ compare
Mercedes-Benz A Class A180 Hatch
1.3 136 Sport 5Dr 7G-DCT [Start Stop]
£193.99 + VAT monthly rental
£1745.91 + VAT initial rental
Special deal
Business contract hire Mercedes-Benz A Class, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 10000
1.3 litre Petrol Automatic
+ compare
Audi A1 Hatch
1.0 TFSI 95 Sport Nav 3Dr Manual [Start Stop]
£179.56 + VAT monthly rental
£1077.36 + VAT initial rental
Special deal
Business contract hire Audi A1, Hatchback
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Audi A3 30 Sportback
1.0 TFSI 116 Black Edition 5Dr Manual [Start Stop]
£187.99 + VAT monthly rental
£1691.91 + VAT initial rental
Special deal
Business contract hire Audi A3, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Toyota Auris Hatch
1.8 VVT-h 136 Design 5Dr CVT [Start Stop]
£221.44 + VAT monthly rental
£1328.64 + VAT initial rental
Business contract hire Toyota Auris, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.8 litre Petrol/Electric Hybrid Automatic
+ compare
Volkswagen up! Hatch
1.0 60 Take up! 3Dr Manual [Start Stop]
£176.11 + VAT monthly rental
£528.33 + VAT initial rental
Business contract hire Volkswagen up!, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1 litre Petrol Manual
+ 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.