Join Date: Oct 2009
Nominated 2 Times in 4 Posts
TOTW/F/M Award(s): 1
Thanked 195 Times in 175 Posts
Re: New Car - Lease it or Buy it?
I've leased my last two cars and I can recomend it, PROVIDING you meet certain criteria. 1 mileage. If you do high mileage it's not worth it.2. Realise that the car must go back at the end of the term in A1 condition. This means spending a little bit of money on re-furbing alloy wheels and replacing cracked mirrors etc. I've done personal contract hire with full maintenance. The only thing extra I have to pay is insurance and fuel. You are locked into the contract term, so obviously if your job is not secure it might not suit. 3+35 payments is usually the best option. It's great not having to try and sell your car, just give it back and choose a new one!
Currently in flying clutchman's garage:
Kangoo 1.5 dci, VW Golf 2.0gtd cabrio