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Why are More People Leasing Cars Instead of Buying

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Here’s an interesting auto trend for you; did you know that 8/10 brand new cars in 2015 financed their car through lease/PCP deals? This number has only increased year on year and only fell slightly in 2018. This is due to the massive advantages that comes with car leasing rather than outright purchasing a vehicle. Purchasing a used vehicle could cost anything from £1000 all the way to £10,000 and you aren’t guaranteed to be getting a well looked after car. Much more people are turning to leasing car vehicles simply because of the affordability, reliability and ability to drive premium vehicles that may have been out of your budget otherwise. Here are 6 reasons people are leasing vehicles instead of purchasing.

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