Car leasing deals have surely boosted the growth of new car marketing but it turns out that lots of industry experts are worried about the used vehicles. Personal Contract Purchases (PCHs) allow the drivers to avail the opportunity of buying the car at the end of the lease period but most of the cars are Read More
Why Leasing an Electric Vehicle Would Be a Smart Move
Electric car revolution is here and by 2040 one third of the total 1.6 billion cars worldwide will be electric. This was revealed in Bloomberg’s New Energy Finance colleagues’ global long-term Electric Vehicle Outlook 2018. If 2040 means a long time out, then let’s have a look at the year 2024. This is a year Read More
Key Things to Know Before Leasing a Car for Business
No sensible company would want to commit its capital unnecessarily. In a volatile global and even local business climate, cash flow can play a decisive role in the success and survival of any business enterprise. That is why car leasing is becoming the need of the hour for the companies. While businesses are still learning Read More
3 Financial Numbers that can Make or Break Your Car Leasing Decision
Anyone interested in driving a car is stuck in this eternal question: Does it make sense to lease a car instead of buying it outright? There are many dimensions to how this question could be addressed. Several pieces are involved in car lease that makes it comparatively complex than buying a car where you just Read More
How does leasing a car build your credit score?
If you are new to car leasing, you will probably have this question in your head that whether or not leasing a car help you build your credit score. Well, the answer is yes. Its effect on your credit report is similar to purchasing a leased vehicle. But how does it help build your score? Read More
5 Slipups to avoid during a car lease
Consider this. You visit a local car dealer after coming across an advertised car lease deal. They offered a sedan for $350 a month for 36 months with no down payment. But when you walk out with your new car you realize later that this ‘Special’ deal would cost you $3200 more than you earlier Read More
Should You Opt for a Short Term Car Lease or Long?
A short-term car lease typically lasts for 36 months, whereas, a long-term car rental is a 60-month arrangement. Owing to the structuring of the auto lease, the amount you have to pay during the lease tenure remains the same whether you go with a short-term or long-term car lease. But, due to the interest charges Read More
What does the Year 2018 hold for Car lovers?
The auto industry is being modified at an unmatched pace. It has become volatile due to global market trends and technology. These trends are multiplying further to make the competition harder. Some of the trends are inevitable given the technological developments but others can be disruptive. Uber is an example as it has transformed the Read More
Why is Leasing Better than Buying a Car?
If you ever go on a car shopping, you will probably be given two choices: Lease a car or buy a car. The most obvious difference between the two options is that with a lease, you get to drive a new vehicle every few years without dealing with the hassle of selling the automobile later. Read More
Weighing Your Options to Get out of a Car Lease You Can’t Afford? Read This Guide
Finally, you have come to the realization that you can no longer afford to pay your car lease payments. This may be a result of a financial crisis, job loss or you may have determined that you are spending way too much on your car every month. So what are your options? What can you Read More