Not sure what alterations you can make to your car if it is leased. Here is a 5th gear programme when the oil prices were at their highest least year. Of course the running costs of the car your choose to lease can be seriously effected by its fuel economy. These experiments are based on last year’s cars, where this year a whole range of fuel economic versions have appeared.
So when you are looking for your car lease deal, don’t just look for the cheapest deals. You should consider ho much it will be for a model that is more fuel efficient. If you save £25 a month on your car lease deal only to pay an extra £50 on fuel, would not make economic sense so research all the variants.
In this 5th gear example even the modifications made no difference, in fact they made it worse.
Another financial piece on whether you should lease or buy from the American market. In the USA the banks are very much involved in a car lease deal and with banks not so eager to lend money in the current climate. There is also some comments regarding the kind of car you choose to lease, for example SUV’ in the states are no longer popular and so the garages do not want them after the term of the lease.
This is a news channel with a qualified financial adviser as its guest talking about car lease. He claims that car lease can be cheaper but you never run out payments, where if you own there will come a time when the finance payments end and you own the vehicle.
We though we would scour the internet looking for other peoples opinion on whether to lease or to buy your next car for business or personal use. This first piece we have found is from the States, as we expect most to be, but the information supplied could be applicable to car lease in the UK also. It suggests that the mileage you will do could help with your decision and that sometimes a used car could be the answer.
We will always list these information videos under international so you know to take them on face value for information only.
