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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:

Vauxhall Corsa Hatch
1.4 i 75 SRi VX Line Nav Black 5Dr Manual
£116.62 + VAT monthly rental
£1049.58 + VAT initial rental
Special deal
Business contract hire Vauxhall Corsa, Hatchback
Business contract hire
Contract term: 48 months
Rental profile: 9 + 47
Annual mileage: 5000
1.4 litre Petrol Manual
+ compare
Mercedes-Benz C Class C200 Coupe
1.5 198 AMG Line 2Dr G-Tronic+ [Start Stop]
£274.05 + VAT monthly rental
£2466.45 + VAT initial rental
Special deal
Business contract hire Mercedes-Benz C Class, Coupe
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 10000
1.5 litre Petrol Automatic
+ compare
Mercedes-Benz GLC GLC250 Coupe 4MATIC
2.0 211 AMG Line 5Dr G-Tronic+ [Start Stop]
£336.03 + VAT monthly rental
£3024.27 + VAT initial rental
Special deal
Business contract hire Mercedes-Benz GLC, 4x4
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 10000
2 litre Petrol Automatic
+ compare
Mercedes-Benz E Class E220 Estate
2.0 d 194 AMG Line 5Dr G-Tronic+ [Start Stop]
£255.89 + VAT monthly rental
£2303.01 + VAT initial rental
Special deal
Business contract hire Mercedes-Benz E Class, Estate
Business contract hire
Contract term: 24 months
Rental profile: 9 + 23
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Skoda Octavia Hatch
1.5 TSi ACT 150 SE 5Dr Manual [Start Stop]
£184.49 + VAT monthly rental
£1106.94 + VAT initial rental
Special deal
Business contract hire Skoda Octavia, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.5 litre Petrol Manual
+ compare
Fiat 500 Hatch
1.2 8V 69 Lounge 3Dr Manual [Start Stop]
£118.26 + VAT monthly rental
£709.56 + VAT initial rental
Special deal
Business contract hire Fiat 500, Hatchback
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1.2 litre Petrol Manual
+ compare
MINI Hatch Cooper
1.5 136 3Dr Manual [Start Stop] [Chili]
£194.21 + VAT monthly rental
£1165.26 + VAT initial rental
Special deal
Business contract hire MINI Hatch, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
Petrol Manual
+ compare
Jaguar XF Saloon
2.0 d 180 Prestige 4Dr Auto [Start Stop]
£352.25 + VAT monthly rental
£2113.50 + VAT initial rental
Special deal
Business contract hire Jaguar XF, Saloon
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
Diesel Automatic
+ compare
BMW 6 Series 630 Gran Turismo
3.0 d 265 M Sport 5Dr Auto [Start Stop]
£408.73 + VAT monthly rental
£2452.38 + VAT initial rental
Special deal
Business contract hire BMW 6 Series, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
Diesel Automatic
+ compare
SEAT Arona SUV
1.6 TDI 115 SE Technology Lux 5Dr Manual [Start Stop]
£155.00 + VAT monthly rental
£930.00 + VAT initial rental
Special deal
Business contract hire SEAT Arona, 4x4
This vehicle is in stock
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1.6 litre Diesel Manual
+ compare
Volkswagen Golf Hatch
2.0 TSI 230 GTi 5Dr Manual [Start Stop]
£233.66 + VAT monthly rental
£1401.96 + VAT initial rental
Special deal
Business contract hire Volkswagen Golf, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 8000
2 litre Petrol Manual
+ compare
Suzuki Vitara SUV
1.6 120 SZ-T 5Dr Manual [Start Stop]
£157.73 + VAT monthly rental
£946.38 + VAT initial rental
Special deal
Business contract hire Suzuki Vitara, 4x4
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1.6 litre Petrol Manual
+ compare
Nissan Qashqai SUV 2wd
1.5 dCi 110 Acenta 5Dr Manual [Start Stop] [Smart Vision Comfort Tech]
£187.30 + VAT monthly rental
£1123.80 + VAT initial rental
Special deal
Business contract hire Nissan Qashqai, 4x4
This vehicle is in stock
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Ford Kuga SUV 2WD
1.5 T EcoBoost 120 Zetec 5Dr Manual [Start Stop]
£175.99 + VAT monthly rental
£1055.94 + VAT initial rental
Special deal
Business contract hire Ford Kuga, 4x4
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1.5 litre Petrol Manual
+ compare
Mercedes-Benz A Class A180 Hatch
1.5 d 109 Sport 5Dr 7G-DCT [Start Stop]
£186.72 + VAT monthly rental
£1680.48 + 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
Diesel Automatic
+ compare
Mercedes-Benz A Class A180 Hatch
1.5 d 109 Sport Executive 5Dr 7G-DCT [Start Stop]
£196.81 + VAT monthly rental
£1771.29 + 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
Diesel Automatic
+ compare
Mercedes-Benz GLA GLA180 SUV
1.6 122 Urban Edition 5Dr Manual [Start Stop]
£179.99 + VAT monthly rental
£1619.91 + VAT initial rental
Special deal
Business contract hire Mercedes-Benz GLA, 4x4
Business contract hire
Contract term: 36 months
Rental profile: 9 + 35
Annual mileage: 5000
1.6 litre Petrol Manual
+ compare
Mercedes-Benz A Class A200 Hatch
2.1 d 136 Sport Edition 5Dr Manual [Start Stop]
£174.99 + VAT monthly rental
£1574.91 + 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
Diesel 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.