Car leasing is a popular option for either personal or business use. Offering a range of benefits from financial savings to more flexibility, leasing provides a smart alternative to traditional car ownership.
So, why is car leasing the smart choice?
Drive More for Less
One of the main benefits to leasing a car is the potential for lower monthly payments. Unlike purchasing a vehicle, where you finance the full value, leasing allows you to pay for the car’s depreciation over the term of the lease. This often results in significantly lower payments, enabling you to drive a higher-end model without the financial strain. For many, this means enjoying premium features and luxury without stretching their budget.
Flexibility to Suit You
Car leasing offers the most flexibility, making it an ideal choice for those who value adaptability in their lifestyle. Lease terms typically range from 1 month to 24 months, allowing you to upgrade to a new model more frequently. This is especially beneficial in a world where automotive technology is rapidly advancing. With leasing, you can ensure that you’re always driving a vehicle equipped with the latest safety features, fuel efficiencies, and entertainment systems. So, if you’re someone whose circumstances can change—such as relocation for work or a shift in family needs—the short-term nature of leasing provides a convenient option.
Worry-Free Driving
Leasing a car usually comes with the peace of mind that most maintenance costs will be covered under the manufacturer’s warranty. Because leases are often shorter than the typical ownership period, the car is usually under warranty for the entire duration of your lease. This means fewer out-of-pocket expenses for repairs, helping you avoid the financial surprises that can come with owning an aging vehicle.
Many lease agreements also include maintenance packages, reducing your long-term costs and keeping the vehicle in top condition.
No Resale Hassle
Depreciation is one of the biggest financial downsides of car ownership. From the moment you drive a new car off the lot, its value begins to drop. When leasing, however, depreciation is not your concern. At the end of your lease, you simply return the car to the dealership. There’s no need to worry about the car’s resale value or the hassles of trying to sell a used vehicle. This not only saves time and effort but also protects you from market fluctuations that can drastically affect a car’s value.
Tax Advantages for Businesses
For business owners, leasing a car can offer significant tax advantages. Lease payments can often be deducted as a business expense, potentially reducing your taxable income. This makes leasing a financially savvy choice for companies that want to maintain a fleet of vehicles without tying up large amounts of capital. The ability to deduct lease payments can provide substantial savings, making it easier for businesses to manage cash flow and invest in other areas.
Why Flexed?
Unlike traditional leasing companies, Flexed offers lease terms ranging from just 28 days to 12 months, making it easy to adapt to your changing needs. Our wide selection of vehicles means you can find the perfect car, whether it’s for personal use or business. With Flexed, you enjoy an all-inclusive package that covers maintenance, road tax, breakdown cover, and even optional insurance.
Drop us a quick email to talk@flexed.co.uk or chat with a member of our team NOW using our online ‘We Are Here!’ service – we’ll gladly answer any leasing questions you may have.
Find out more about our car leasing services and fantastic offers for both Business and Personal use. Give us a call today on 0800 311 8290.
