Why do dealers lease? Is leasing a car right for You? What is a car leasing company? With a car lease you only pay the car’s depreciation for the lease period, not the value of the car (because you don’t own it).
As a result, your monthly payments are typically lower compared with.
Reasons You Should Lease a Car 1) Use it and lose it. A car is a piece of machinery. It is simply a piece of equipment used to get where you want to go.
With leasing, you are able to control the cost of your usage based on time and distance. You might not know it, but the two common ways of financing a car are personal contract hire (PCH) and personal contract purchase (PCP ). PCH leasing allows you to drive a new car every few years, with relatively low monthly payments and no worries about the car’s resale value.