3 Reasons You Should Consider Leasing Your Next Family Car

Getting a new family car is a major expense and one you might have to deal with for years to come. But buying a vehicle is not the only option. Many people may not realise how many benefits there could be to leasing instead. For many years, people have been advising people to buy vehicles, even with all the disadvantages that come with it without talking about the many clear advantages of leasing. Here are a few reasons why you should consider leasing instead of buying your next family car.

You’ll Get to Drive a Better Car

One of the best things about leasing a vehicle is that you can get a top of the line vehicle for the same monthly payments you’d pay on a lower class of vehicle. For instance, if you had your eyes on a vehicle like the Land Rover Discovery, you can find Discovery Sport leasing deals for as little as £260.00 per month. And you won’t have to worry about major component repairs since the vehicle will be under warranty during the whole term of the lease. However, note that you will be required to perform maintenance on the vehicle, like doing all the necessary oil changes, check-ups, and tyre rotations among other things.

Another thing people don’t factor in is that when buying, they’ll be left with a vehicle worth less than half of the car’s initial value. When you lease a vehicle, you don’t have to think about depreciation. You don’t have to deal with a lack of interest in a particular vehicle or getting swindled by a shady dealer in an exchange either.

Your Vehicle Will Be Safer

Since you’ll always be driving the latest vehicles, you’ll also get all the latest safety features as well, which is essential when it comes to a family car. This can include things like lateral airbags, collision avoidance technology, assisted braking, or any innovation they eventually come up with.

You Don’t Intend to Do Long Rides

If your family is not the road trip type, then you don’t have to worry about the extra mileage charges. However, even if you do intend to take the family on a trip at any time, know that it’s not uncommon for lease contracts to allow you to drive up to 50,000 miles per year.

But if you think you’ll need more than that, it's important that you assess your real annual mileage needs, as penalties for extra miles can vary greatly. We’re talking about the difference between paying between 1.5p and £1 per extra mile, so be careful and make sure that you know exactly what the charges will be before you sign anything.

Conclusion

We hope we were able to open your eyes on the many benefits of leasing a family vehicle. Make sure that you weigh all your options and see if this could actually be a better choice depending on your lifestyle, driving habits, and finances.