| What is Car Leasing? | | | | |
| | | | Accident free and mechanically sound |
| Many people are choosing to buy their new car | | | | |
| on lease agreements nowadays. This gives you | | | | Latest features |
| the chance to own a brand new car without the | | | | |
| upfront costs of buying a vehicle outright, | | | | Low initial payment |
| as you would typically do at a car dealer. | | | | |
| | | | Easy options at the end of the deal (you |
| There are many types of car leasing | | | | don't have to sell the vehicle, either hand |
| agreements. | | | | back or trade in against a new car leasing |
| | | | deal) |
| Why buy a new car on a leasing scheme? The | | | | |
| main reason is that you can spread your | | | | Cons |
| payments over a fixed term but start driving | | | | |
| your new car straight away. Maintenance | | | | Cost is higher than a used model |
| charges can also be kept to a minimum | | | | |
| depending on the service schedule. | | | | Depreciation of vehicle is high initially |
| | | | |
| Buying your new lease car on the Internet | | | | Insurance could be higher for a new car |
| | | | |
| Buying over the Internet protects the buyer | | | | Early termination can be costly |
| under the Distance Selling Act. When buying | | | | |
| from a car leasing website make sure that the | | | | Can be costly if you go over the annual |
| company displays their full contact details | | | | mileage agreement. |
| such as phone number, fax number and full | | | | |
| address (not a P.O. box). The Internet is a | | | | Must return the car in good condition or |
| very useful tool for comparing prices from | | | | penalties will apply |
| different companies, all in the comfort of | | | | |
| your own home. | | | | Reasons not to lease a car. |
| | | | |
| When looking at new lease car prices on the | | | | If you are not sure how long you will need a |
| Internet make sure there are no hidden extras | | | | car or you may be getting a company car in |
| and whether VAT is inclusive or exclusive. If | | | | the near future |
| necessary call and speak to a representative | | | | |
| and ask as many questions as you like if you | | | | Not cannot guarantee that you can meet the |
| are not happy with the answers move on to the | | | | monthly payments or have a regularincome |
| next one. | | | | |
| | | | You have a high annual mileage |
| New Lease Car - Advantages and Disadvantages | | | | |
| | | | You do not look after your cars |
| Pros | | | | |
| | | | You do not like to be in debt or owing money |
| Full manufacturers warranty | | | | |
| | | | GMC Leasing is an independent car leasing |
| Better safety features | | | | company specialising in personal and business |
| | | | contract hire. We also arrange all other |
| Owning a brand new vehicle | | | | types of finance including finance lease, |
| | | | lease purchase, hire purchase and cash sales. |
| Your choice of colour and specification | | | | We can finance any make on model new or used. |