My Top 3 Cars To Lease for Companies And Personal Use

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By Briana Jake Woodward


People usually misunderstand the concept of car and leasing. To start off, it's important to realize that leasing a car is not the same thing as, say, renting an apartment. Car and leasing has been described as a form of financing where the lessee pays for the natural depreciation of a car's value over time. You're actually not paying for the value of the entire car, you're only paying for the value the car loses in the natural course of things. 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.

When you get a car for lease and van leasing, you get a chance to drive a car that is generally well beyond your means. You get to experience all the advantages of a brand new car without having to shell out (or get a loan to be able to shell out) its entire value. With a car lease, you can easily switch car models-something you can't do with as much ease if you own the car. Most companies which offer cars for lease and van leasing make car switching really easy-in some cases, all you have to do is fill up a form! Also, when you lease a van or any other vehicle either for your company or for your personal use, all you have to worry about is the monthly fee, saving you from the hassles that come with buying a car. With a car lease, you don't need to worry about taking out a loan, depreciation of the car's value, and looking for a buyer when you want to sell it.

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. An important factor in leasing a car is the residual value, or the percentage of a car's value after a particular period of time. The best deals for car leases involve cars that have high residual value, meaning their value doesn't decrease as quickly or as drastically. This is because, as was mentioned earlier, when you lease any vehicle you're actually paying for its depreciation rather than its full price. Higher residual values mean lower monthly payments, so it's best to research on car values before you actually go out and lease a vehicle.

There really is no hard and fast rule when it comes to vehicle leasing, but personally I have my top three cars to lease. 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.




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