Short Term Car Leasing – Four Reasons Why it Can be a Good Idea
If you enjoy driving a new car every once in a while, prefer to keep your monthly payments in control and have a stable source of income and don’t like committing yourself to a single car, then you might want to find some new car leases – and a short term car lease, like 12 month car leasing, might just be the thing you need.
Here are the reasons why:
Lower financing fees
Leasing is always a better short-term solution than buying. Monthly payments for car leasing plans are around half that of loan payments, even when the lease payments have interest while the loans do not. Leasing plans make good choices in these matters, since you get leasing discounts without having to commit yourself to longer term deals.
Less maintenance work
A car runs best when it uses its original components. This is why replacements usually end up having a shorter lifespan than the original pieces that have worn down. Car lease deals allow you to hand in your car at the end of the contract and then sign up for a newer car. This can seriously cut down your long-term maintenance costs, especially if you are not so handy in fixing a car up yourself.
Built-in gap insurance
The problem with buying or renting a car is that you will often have to pay for full-value repairs or replacements when your car is damaged or stolen. This is not a problem for leasing. Most leasing plans have gap insurance, whether you go for short term 1 month, mid term 12 month or long term 48 month plans to lease vehicles. This is because car leasing companies calculate costs with the depreciating value of a car in mind, and this makes integrating gap insurance a whole lot easier.
Drive new cars when you want
For those that enjoy the challenge of driving different cars on a regular basis, 12 month leasing plans might just be the thing to satisfy your desires. You can fully experience the feel of a car for one whole year then trade it in for a different car of your choice. You’ll also be able to save more money, since leasing a car costs even less than renting one.
Fewer expenses, less work, gap insurance and new cars when you want them – these are the four main reasons why car leasing is a good idea. Keep them in mind, and you might just find 12 month car leasing more attractive than you first thought it to be.
Filed under: 12 month car leasing | No Comments »