Why worry about what your car will be worth in 2 or 3 years time? Earlier this month, EurotaxGlasses, the industries premier vehicle valuation specialists stated that they expected used vehicle values to drop by up to 12 % between now and the end of the year. Meanwhile 4x4 operators could experience depreciative hits on their vehicles of nearer the 20% mark.
This is where contract and leasing come into themselves. Why set a value on a personal loan or hire purchase that turn out to be what you expected? Many people are concerned with the change over figures at the end of their ownership period and the start of their new car purchase. It may seem like a long way away but do you really want to lose extra 12% on your cars value in 2 to 3 years time.
This is where contract and leasing comes into itself. you only need to worry about the monthly payments, your mileage and the period of time you operate the car. The experts will then take the risk in the vehicle. As an example you could have an Audi A3 1.6 S-Line Sportback 5dr for £206 plus VAT for two years on a lease. Your only consideration will be maintaining the car, all of your road tax is covered in the rental and at the end of the contract you return the vehicle and take out a contract on your next new vehicle. If you bought this car outright you run the risk of it being worth a lot less in 2 years times than your thought originally and finding that extra 12% at the end of your desired usage period could be a real nightmare. In fact it either means stumping up more cash, taking a lower part exchange figure or even having to run the vehicle even longer.
Leasing will always protect you from this problem and is the only financially sound method of funding your vehicle without taking any unnecessary risks.
To see the Audi A3 1.6 S-Line Leasing Deal click here.