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Being able to purchase one of the newest cars on the market or having that feeling of being a vehicle’s very first owner is a desirable one in many ways but also something that not everyone has the opportunity to experience. Besides the obvious good points of buying a brand new vehicle you also have to contend with the high initial financial outlay and the subsequent decrease in value that almost all new cars tend to be subjected to. If you decide to lease a car however there are some definite advantages to make the most of. The arrangement works by effectively renting the vehicle from a company or an individual without having the ownership and all the responsibilities and drawbacks that can come with it.

Access to great vehicles

Leasing a vehicle instantly gives you the access to cars that are in particularly good shape and this can include the highly impressive models too, depending on how much you are willing to pay of course. The conditions are naturally slightly altered from those you would get if you owned the vehicle outright but a lot of the good points are still the same. Rather than being limited to a car for a number of years, as you often can be when you buy one from brand new, you can drive a top-of-the-range vehicle before eventually moving on to a newer model and crucially, at a reduced cost. If you lease a vehicle you cut out having to bear the burden of the drop in value that it will go through. As you do not have to pay the full cost of a car it means the selection of those you can drive widens to a huge extent.

Reduced general upkeep

The money that you tend to spend as a car owner on so many different aspects is reduced to a large extent when you lease. There is certainly a requirement as part of the leasing contract that you take as best care of the vehicle as possible but there is also no doubt that you relinquish much of the burden too.

Guaranteed repairs

Although it is certainly not an excuse to disregard the conscientious way of driving one of the mutually accepted conditions of leasing a car is the fact that those who lease it out accept much of the responsibility aspect. This means that whenever work needs to be carried out on the vehicle you can be sure that it will be taken care of.

Article written by Luke Phillips on behalf of the signature private car leasing service – www.signaturecarleasing.co.uk