Jan 05 2012

Our Favourite Three Cars To Lease for Business And Personal Use

People usually misunderstand the concept of car and leasing. Before anything else, it’s important to recognize that a car lease doesn’t work on the same principles as an apartment for rent. You’re actually getting your money’s worth when you go for car leasing, since you as the lessee pays for just the natural depreciation of the car’s value. Simply put, you just pay for the value the car loses in the natural course of things, not the whole car. In fact, leasing a car can even save you a large amount of money, and there are certain advantages of getting a car for leasing instead of buying one, whether it be for business or personal use.

An added benefit of getting a car for lease AND van leasing is that you could be driving an excellent car that you wouldn’t normally be able to afford. Without paying the full price of a brand new car, you get to experience its benefits. Another advantage of a car lease over actually buying a car is that you won’t get stuck with the same model for a long period of time. If you want to trade models, all you have to do is fill up a form provided by the companies that offer cars for lease and van leasing. All you have to worry about is your monthly fee, which is relatively lower than monthly payments if you’re buying a car. You don’t have to go through the motions of taking out a loan or worry about the depreciation of the car’s value with a car lease.

The best cars to lease for business and personal use may vary depending on changes in the economy, as well as the release of new models. Cars with high residual value, meaning their value doesn’t decline as drastically, are the best types of cars to lease. As earlier stated, you’re actually paying for the car’s depreciation rather than its full price when you’re leasing a car. Before you actually lease a vehicle, it’s a good idea to research on car values and look for models that have high residual values, since these cars would often have lower monthly payments.

Although there really are no actual best models to lease, I have three personal favourite choices when it comes to car for leasing. The Mini Cooper convertible is on the top of most car lease lists, and it’s also one of my favourites, since its average residual value is almost 60%, meaning its monthly lease payment is affordable and is well within an average person’s price range. Toyota and Nissan both produce cars that are low cost with high residuals, and the Toyota Corolla and the Nissan Sentra are great models to lease either for business or personal use.

There are lots of other great models available out there; with enough research you’re sure to find a model that suits your preference and, more importantly, your budget.

To lease a car visit Leasing Options. You can also lease a van at Leasing Options.