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Why not Lease your Dream Car Instead?

Author: Brad Carlton
by Brad Carlton
Posted: Jul 23, 2014

Who doesn’t dream of driving a stately car like a Mercedes or zipping around on the streets in a racy Audi or burning the rubber of a lavish BMW or even being behind the wheel of a splendid Porsche? But how many of us can actually realize this dream?

When it comes to high-end cars, car leasing is considered a much more economical and viable option than buying the same car in the traditional manner. For instance, Audi car leasing maybe the only way that a middle class person can ever dream of getting his dream car despite the huge price tag. Not surprisingly then that more than 50% of all luxury vehicles are always taken on lease as compared to 20% of cars in general.

This is because when you opt for say, a luxury car lease Bedfordshire, your initial deposit will be much lower than the down payment required in a traditional purchase. You will not even be burdened down with mammoth monthly loan instalments as the monthly lease payments will be significantly lower. And you can always return the luxury car at the end of the lease period and opt for a brand new car of your choice once again. There is no burden of repairing and maintaining the car for a long period or even disposing it later.

Another thing that works in favour of luxury car leasing is that they offer the best lease value to the customer. This is not to say that the monthly payments on a luxury car lease Bedfordshire will intentionally be kept low. Fact is that luxury cars tend to have a higher residual value at the end of the lease period as compared to regular cars. And the higher the resale value, the lower will the lease payments be. No wonder then that luxury car leases make up a great proportion of the car lease market!

People who realize these benefits always choose to take luxury cars on lease even if they can easily afford to buy the car outright. And it follows that luxury cars are more often leased than purchased!

Furthermore, if you opt for business car leasing, another additional benefit is that Vat registered business users can write off 50% to even 100% of the VAT payable on the car lease. This kind of tax credit makes luxury business car leasing all the more cost efficient and easier on the pocket. And this is another reason why many corporate car fleets may have all the high line cars from Mercedes, Audi and BMW to Lexus, Porsche and Land Rovers and yet all these cars will be almost always taken on lease!

So, with luxury car leasing, you get to drive the car of your dreams as much as you want and yet pay only a fraction of its actual whopping price!

This article is written by Brad Carlton about the car lease Bedfordshire and also about business car leasing. If you are required to make a down payment for the car lease London, tax will be payable on this amount as well.

About the Author

The author Brad Carlton has a vast knowledge based on car lease deal and has already written informative articles based on personal car lease,business car leasing related topics.

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Author: Brad Carlton

Brad Carlton

Member since: May 21, 2014
Published articles: 10

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