Is Vehicle Leasing Worth It?

By Lauren Bagnall
Is Vehicle Leasing Worth It?

Want To Lease a Vehicle?

The brand-new, best vehicles nowadays all cost a pretty penny. More futuristic electric vehicles cost an average of around £44,000, which isn't affordable for most people. Nowadays, more options have made themselves readily available for people who don't have large amounts of money to spare. Instead, they can pay for their brand-new car on a monthly basis, allowing them to spread the cost. From commercial vehicle leasing to personal deals, leasing a car, van or pickup could be the best choice for you.

Here at MW Vehicle Contracts (MWVC), we provide pickup, van and car leasing in Leicester and across mainland UK, tailored to individuals and businesses alike. We have a wide collection of popular vehicles on affordable monthly rentals suited to your budget and preferences. It's the best choice for anyone wishing to cut the cost and drive the vehicle of their dreams, but is vehicle leasing worth it?

No Depreciation Costs

One of the most attractive features of contract vehicle leasing is the fact that there are no depreciation costs to worry about. When you buy a vehicle upfront and then choose to sell it a few years down the line, it won't be worth as much, making it a bad investment. The more you travel in a car, the more it loses its value, so unless it's brand spanking new, you won't get as much money for it as you paid yourself.

Personal, business and commercial vehicle leasing allows you to drive a brand-new car that's never been driven before, and once your contract is up, you can get a new vehicle on a new contract.

A lot of people opt for vehicle leasing because it works with their lifestyle; they can't afford to splash thousands of pounds on a new car, so they turn to a completely new model that they only have to pay a few hundred pounds for each month (or even less, depending on the car). Following your initial rental, your monthly rentals will never change. If you'd like a cheaper car leasing deal, the all-new Vauxhall Corsa is just £162.98* per month inc. VAT with us here at MWVC!

Perfect For Those with a Predicted Mileage

If you're someone that makes simple commutes, or you know that you'll make frequent long haul trips for travelling, you'll probably be able to predict, roughly, how many miles you'll travel. Before you sign up for a vehicle leasing deal, you'll be asked how many miles you think you'll do. This is a determining factor on how much your initial and monthly rentals will cost. If you only commute to and from work, and you don't travel very far for pleasure, a leasing deal will be a perfect choice if you want to save money.

We have a range of cars, vans and pickups on cheap leasing deals. For the best car lease deals, please visit us here. If you're looking for a stylish car, but don't want to pay the extortionate outright costs, we're here to help. We currently have the all-new Mercedes-Benz EQA for just £479.99* per month inc. VAT, with plenty of space too.

Vehicle Leasing is Cheaper, with no Large Outright Cost!

Paying for anything monthly with no interest involved is always cheaper. With vehicle leasing, you will never pay for the full price of the vehicle, as it is spread out over the course of your contract. Once your contract has ended, you simply hand the car back over. All of our vehicles here at MWVC will be delivered straight to your address too, so there's no fuss. What's more, is that you won't need to take the car for its MOT if your contract is three years long, and your road tax is included in your monthly rentals.

We have plenty of deals for you here at MWVC. Whether you need a personal deal or commercial vehicle leasing, our sales team will objectively advise you on the very best vehicle for your needs, leaving you with the most optimal motor. Still wondering if vehicle leasing is worth it? Give us a call on 0116 259 9548. A member of our team will be happy to assist.

*all pricing correct at time of publishing