Medusa

4 Reasons We Should Lease Cars

<p>We hear it quite often that we should buy something if it appreciates and lease something if it depreciates&period; In any case&comma; cars depreciate and it makes a perfect business sense to lease them&period; Business owners seeking to establish or renew their truck or car fleets should consider leasing them&period; Leasing could be a huge money saver from any business perspective&period; Be it for a business or personal use&comma; our car starts to depreciate the moment we sign the purchasing document&period;<&sol;p>&NewLine;<p>In other&comma; we already lose money when the car is officially ours&period; Cars made by a number of producers depreciate slower due to their renowned reliability&comma; but cars will always lose their value over time&period; Depreciation is an important factor to measure the profitability of a company&comma; which makes leasing a rather interesting subject&period; Leasing should be a simple concept&comma; although many business owners are sceptical about this&period; Many people mistakenly believe that car leasing is equal to renting&period;<&sol;p>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-13356" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2014&sol;11&sol;4-Reasons-We-Should-Lease-Cars-e1417259596964&period;png" alt&equals;"4 Reasons We Should Lease Cars" width&equals;"600" height&equals;"333" &sol;><&sol;p>&NewLine;<p>The concept of leasing should be quite simple&period; It’s roughly similar to loan and we pay for the car at a specific duration of months&comma; but the car won’t be ours&period; So&comma; what’s the point in paying for cars that will never be ours&quest; In general&comma; there are a few factors that make car leasing better than typical ownership&period;<&sol;p>&NewLine;<p>1&period; First of all&comma; the month payments can be up to 60 percent lower than standard car loan and we won’t need to pay for a large upfront deposit&period;<&sol;p>&NewLine;<p>2&period; Depending on leasing contract&comma; we could be able renew our fleet every 4 years&period; In some cases&comma; road taxes can be included with the lease prices&period; Warranty should cover much of the maintenance costs&comma; especially if we consider that we could get new cars every a few years&period;<&sol;p>&NewLine;<p>3&period; There are less maintenance costs associated with leasing&comma; because we don’t own the car and it’s possible to get new ones after a few years&period; We don’t need to be worried that the car will break down and have major damage after prolonged use&period;<&sol;p>&NewLine;<p>4&period; There’s no need to sell leased cars as used cars&period; With leasing&comma; business can simply return the car to the leasing agency and request new ones&period; In fact&comma; the process could just be a little more complicated than calling the leasing company to remind them that it’s the time to get replacement&period; No hassles and no time of work jumping from one dealer to another looking for best deals&period;As we can see&comma; there are significant benefits associated with car leasing that makes it an acceptable solution from the business standpoint&period;<&sol;p>&NewLine;<p>Before deciding to lease a car&comma; we should determine its price and consider a number of factors&period; The car should be brand new if possible&comma; so we can disregard condition and mileage&period; Two factors that may influence our monthly payments are depreciation and residual values&period; Residual value is the estimated value of the car at the end of the lease period&period; Each make and model may depreciate differently and it’s a good idea to choose cars that depreciate slower&period;<&sol;p>&NewLine;<p>The Author&&num;8217&semi;s hobbies includes playing football&comma; video games and learning small business seo services tips and tricks<&sol;p>&NewLine;

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