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This is the most frequently asked question when it’s time to renew your car. The answer lies somewhere in between, how much budget you have to spend and whether you want a brand new or used car.
Stating the obvious: “If it can appreciate in value – buy it, if it will depreciate in value – lease it”
If you are looking for a new car, regardless of the budget, we recommend leasing is the most sensible and affordable choice over purchasing outright.
Taking out business lease cars for your company is probably the most beneficial choice you will make in terms of finance. If your business is VAT registered you can claim this back for starters, for mains you are setting back from spending a big some of money and utilising it in a more beneficial way to enhance the business then to put the icing on the cake for dessert you can afford to buy something to impress you clients which you can regularly upgrade every 2 years or so.
This is where you can be a little picky at choosing whatever suits your requirement but affordability plays a big role when you consider personal lease cars over purchasing outright. If you are not considering of keeping your car for more than 4 years than it’s little point of dealing with the hassle of selling it when you can simple return it to the finance company.
The depreciation value on a new car for the initial period of 2-4 years is something that you can’t steer away from so why not finance it and use it to your advantage while you keep the bulk of money in your interest savings account?
Whether it’s for business or personal, with car leasing the reasons are plenty and justified, here are the key benefits and also a few points to consider that may rather support the option of buying.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 0800 910 1111
TFS Vehicle Leasing
25-39 Small Heath Highway
TFS Vehicle Leasing are a credit broker and not a lender. TFS Vehicle Leasing are a trading style of Central Accident Management Services Limited and are regulated by the Financial Conduct Authority. Registered No : 461286
Registered Office : 25 Small heath Highway, Birmingham, B10 0EU | Registered in England & Wales with company number : 05927767 | Data Protection No : ZA094260 | VAT No : 896128091
TFS Vehicle Leasing are a member of the BVRLA, membership number 7066.
TFS Vehicle Leasing Are The Official Fleet Management Partner To Birmingham City Football Club.
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