When is Vehicle Leasing the Right Choice for Me?

By Lauren Bagnall
When is Vehicle Leasing the Right Choice for Me?

Last year, private ownership of vehicles dropped from 53% to 42% as the appeal of vehicle leasing caught the public's attention. Pickup, car and van leasing is becoming a popular choice amongst individuals and businesses alike, allowing people to drive a brand-new car for a much cheaper outright cost. Finding a car lease deal that suits your budget and preferences perfectly can be a lifesaver for a lot of drivers nowadays, but with so many options available, how do you know that vehicle leasing is right for you?

Here at MW vehicle leasing (MWVC), we provide pickup, van and car leasing in Leicester and across mainland UK. Your lease term, initial and monthly rentals can be determined by you and your preferences, giving you more control over your lease agreement. Leasing is a great idea for anyone looking for a brand-new motor on monthly lease payments, but how do you know that you're getting a good deal?

The Advantages of Vehicle Leasing

One of the most attractive qualities of leasing is that it is much cheaper than buying upfront, and there are fewer obligations when compared to personal contract hire (PCH). When you buy a vehicle upfront, you are putting yourself thousands of pounds out of pocket. Even if you have enough savings, they could be much better spent on other amenities. Also, cars lose value after a few years, so you'll never be able to make a profit should you choose to sell in the future.

When you opt for vehicle leasing, you are getting a brand-new vehicle without the extortionate outright pricing. Once your contract is over, you simply hand the vehicle back over and you can choose a brand-new vehicle on a whole new contract if you wish. By leasing a car, van or pickup, you can also keep up to date with the latest technology and features that vehicle models are constantly enhancing. The all-new Citroen C3, for example, is currently on special offer with us at just £169.99* per month inc. VAT, perfect for anyone who needs to follow a strict monthly budget.

Why Do People Lease Cars, Vans and Pickups?

If you want to drive a brand-new car without paying the high costs outright, vehicle leasing is perfect for you. If you don't have the money to spare but desperately need a new car, leasing allows you to manage your finances and stick to a budget that suits your lifestyle. Electric cars, for instance, are becoming a more common sight on UK roads, but they aren't the best if you want a cheap deal. Vehicle leasing takes away this issue, and allows you to make the switch without worrying about your finances. Businesses who are VAT registered could also enjoy tax and VAT benefits too.

Businesses, in particular, could benefit greatly from pickup and van leasing. No matter whether you're looking for a singular van or a whole fleet, leasing your business vehicle is a great financial move and can help you keep on top of your monthly expenses and outgoing payments. Both start-ups and established businesses could benefit from leasing, keeping outright costs low. The all-new Maxus E-Deliver 3 is on offer for just £261.99* per month ex. VAT, perfect for businesses that want to be more sustainable. You can view the rest of our van leasing deals here.

Will Vehicle Leasing Suit You?

No matter your lifestyle, budget or vehicle preferences, it's more than likely that vehicle leasing is suited to you. Cars that travel more miles will have a lower value than those that don't. If you're someone who travels a long distance for work or pleasure, leasing allows you to set a mileage and return the vehicle at the end of the contract, so you don't have to worry about depreciation. If you want to save money but don't want to sacrifice the stylish, practical aspects of your car, consider leasing today.

Here at MWVC, we provide pickup, van and car leasing in Leicester and across mainland UK. Deals such as the Renault Clio hatchback, at just £218.99* per month inc VAT, are not to be missed. To find out more, please give us a call on 0116 259 9548, and a friendly member of our sales team will be happy to assist.

*all pricing correct at time of publishing