Which Cars Offer The Best Value For Money When Leased?
If you’re interested in Car Leasing and looking for the best value lease cars, there are two major factors to take into consideration.
Firstly, the best cars to lease are usually those with the lowest rate of depreciation – the higher the residual value of the vehicle at the end of the contract, the lower the monthly rentals. And secondly, Car Leasing Special Offers are always available representing great value for money, and taking advantage of one of these deals will enable you to lease a car at lower than normal prices.
The Best Cars To Lease Are The Quality Brands
One of the benefits of Car Leasing is that you are often able to drive a car that may have been out of your price range if you were purchasing the vehicle outright. You’ll often find that the quality brands such as Mercedes, BMW and Audi are suddenly within reach when leasing a car.
The reason that the quality brands are often cheaper to lease is that they usually have a higher resale value at the end of the contract. This is because the finance company calculates the car leasing payments based on what a vehicle is likely to be worth in, say, three years (known as its residual value). When you lease a car, you are only actually paying the finance company for the depreciation on that vehicle over the lease period. So a car that loses less of its value will be cheaper to lease than one with high depreciation. That’s why some of the best cars to lease are the more expensive quality brands.
The brands that are best known for their quality and reliability usually depreciate at a slower rate and have a higher residual value at the end of three years, so these are usually the best value lease cars. In fact, there can be a very big difference in cost between the lowest depreciating cars which only lose about 40% of their value over three years, and the worst which can lose as much as 65% of their worth.
So it’s makes like Audi, Mini, BMW, Mercedes and Honda that hold their value well that are the best cars to lease. In addition, certain models such as the Toyota Prius and VW Golf BlueMotion have good residual values, as do a number of the new city cars which have become popular lately, such as the Honda Jazz and Fiat 500. Among the best Car Leasing deals in 4×4 vehicles are the BMW X5, Land Rover Discovery, Range Rover Sport and the Audi Q5 and Q7. So, if you select a car with a good residual value at the end of contract, you can be sure you’re getting one of the best value lease cars!
Car Leasing Special Offers
Some of the best cars to lease are often Car Leasing Special Offers, and you will find these deals when certain situations arise in the marketplace. If you are fortunate to be able to take advantage of one of these situations, you could save a small fortune!
What events trigger these Car Leasing Special Offers?
The best Car Leasing deals are usually available when:-
- A current model is about to be replaced by a new model
- There is excess stock of certain models that needs to be cleared
- Manufacturers offer additional discounts due to poor sales
- Manufacturers offer reduced finance rates to boost sales
- Pre-registered vehicles are available at reduced prices
- Dealers have cancelled orders which they must sell quickly
A good Car Leasing Broker will advise you of the best car leasing deals available on the vehicle of your choice, and will also have access to most of the Car Leasing Special Offers available in the marketplace at any time.
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