What are the Benefits of Long-Term Car Leasing?

By Lauren Bagnall
19-05-2021
What are the Benefits of Long-Term Car Leasing?

As a motorist, you may have come across, or even considered, vehicle leasing as a cheaper way to drive a brand-new model. Some people still have fears about turning to a leasing company and stick to buying upfront, which as we've previously explained, can do more harm than good. Opting for a leasing contract and sticking to it throughout the years has many benefits for you and your bank account, but don't just take our word for it...

With millions of people across the UK already turning to car, pickup and van leasing deals, we here at MW vehicle contracts (MWVC) want to make the process as smooth as possible. We have a range of vehicle leasing deals suitable for personal and business use alike, with initial and monthly rentals perfect for your budget. Whether you're looking for a brand-new car or commercial vehicle, we've got your next motor for a fraction of the price.

A Brand-New Car Every Few Years

To get your hands on a brand-new model of car nowadays, you're looking at between £22,000 and £36,000 upfront for a medium sized vehicle. This isn't possible for most people, and if you're lucky enough to be able to afford it, it might not be the smartest investment. Plus, when it comes to a few years down the line and you're ready for a new model with better technology, your current care will have depreciated in value. With car leasing, you return your car at the end of your contract, sign for a brand new one, and you can have it delivered straight to your door. Simple.

Here at MWVC, we have an impressive range of brand-new cars in a collection of sizes, perfect for each individual and their lifestyle. Cars are constantly changing their safety features and interiors in order to keep up with trends, and vehicle leasing is the perfect way to get your hands on the newest technology without paying through the nose. The all-new Skoda Fabia hatchback is currently in our special offers section at just £154.54 per month inc. VAT, perfect if you're looking for a smaller car to get you from A to B. Considering leasing for a business? We provide van leasing in the UK on mainland with attractive tax and VAT benefits. You can view our vast range of vans here.

Save on Upfront and Depreciation Costs

As previously mentioned, you can save large amounts of money on brand new vehicles by turning towards a lease deal, as high-end cars can cost extortionate amounts of money that most people don’t have. With car leasing, the only lump sum you will pay will be your initial rental, which is only a fraction of the upfront cost. From then on, you'll pay your monthly rentals, which won't change throughout your contract.

Cars that are bought upfront will also depreciate overtime; whatever your car is worth now, it won't be worth that much in a few years’ time. It can be seen as a bad investment, but this worry is eliminated with leasing. Here at MWVC, we have a range of car leasing deals perfect for large families and single households alike. The Toyota CH-R is the perfect option if you're looking to lower your carbon footprint, and its hybrid properties make it perfect if you’re not looking to make the switch to pure electric straight away. You can view the rest of our electric vehicles here.

Manage Your Finances Easily

Once you've started a leasing contract and you find that it works perfectly for you, it can be a great way to manage your finances, as you know what's coming out of your bank each month. Paying upfront will display a big hole in your finances which can be hard to build back up, but with vehicle leasing, you have a set day and price each month so you can prepare.

The all-new DS 3 Crossback hatchback is currently £195.83 per month inc. VAT, with plenty of space inside and luxury interiors for a more enhanced drive. These newer models, though stylish and optimally designed, are sure to change in the coming years to keep up with the latest advancements. Therefore, it's worth considering vehicle leasing in order to keep up to date with the latest trends, year by year.

If you're considering leasing your next car, van or pickup truck, please give us a call on 0116 259 9548 to speak to a member of our friendly sales team today.