Tag Archives: car
Car Leasing Online: Is your dream car a few clicks away? (Page 1 of 2)
Car leasing online offers are an attractive alternative to traditional car leasing, offering many financial rewards in addition to the same maintenance benefits.
How many people do you know who have taken out a lease on their latest car rather than the traditional route of purchasing from a dealer or through private sale?
The chances are if you lived in the USA a good number of your family, friends and co-workers would have opted for a car leasing arrangement, also known as contract hire. Car leasing has been popular for many years in the States and recently has become a phenomenon in the US motoring industry, now accounting for around one in four cars on the road.
Driving towards a UK car leasing revolution The UK car market has been slower to act but finally it seems that the benefits are getting through and it looks like we are on the brink of an explosion in demand for leased cars. The growth potential is huge – latest estimates reveal that only around one percent of cars are covered by leasing deals in England, Wales, Scotland and Northern Ireland.
As scores of new car leasing/contract hire companies emerge and compete to gain early market share and establish their customer base, the UK public is being presented with an incredible opportunity to drive a great car for a really superb price.
Car leasing: take the road less traveled The appeal of car leasing is down largely to the fact that through leasing it is possible to get behind the wheel of your dream car without paying out a fortune.
If you love cars but your aspirations are bigger than your budget, it could make perfect sense to take the less conventional route of leasing. With traditional purchasing, you need a large lump sum and as soon as you buy a new car the dreaded depreciation begins. Within a few years the vehicles value has plunged, which can make selling it on a real pain. As a result, drivers often stick with the same car for many years, despite longing for an exciting new drive to rev up their life.
With a leased car, depreciation is the contract hire companys problem and you can relax behind the wheel with a stress-free, low maintenance experience. There are many additional benefits to car leasing, which are all contributing to building the early market. Here is a round-up of the key reasons why leasing is often better than buying:
– Drive down the payments: The monthly payments with car leasing are usually much lower than with typical car purchase loans – Stay in the fast lane: Keep up with the latest trends in car design and manufacture by moving to new models much more often – Appreciation, not depreciation: Cars can often be leased for less than the cost of the depreciation to a new car, so you can enjoy the fact that you dont own a declining asset – Throw away disposal costs: At the end of the lease, you just hand the car back, and dont have to worry about cost and hassle of selling or scrapping – Take control of your money: With leased cars, no large lump sum cash payments are required so your money is not tied-up in one purchase – Be free and easy: There is no need to negotiate with mechanics over repairs, deal with maintenance bills or road tax, as these should be the responsibility of the contract hire company.
What Is So Personal About A Personal Loan?
When we are asked, “What do you want to see Mr. Jones for?” and you say its personal, you actually mean, “mind your own business”. And personal loans are exactly that: The lender minds his own business: He grants you a loan, no questions asked. Sometimes there is a limited term, some specific interest or condition, but it will give you the freedom of using it for anything at all.
For Example
A new home mortgage is a loan to be used only to buy a new home. The “prize”, so to speak, is a 20 or 30 year term to repay the loan and a very low interest. A car loan is good when you are using it to buy a car. The security becomes the car itself and you dont need to worry about affecting your home, your business, or somebody willing to act as collateral.
Theyre Just So Personal
Personal loans on the other hand are a special kind of their own. The usual terms are between 6 and 36 months and interest rates are also intermediate, between the mortgage rates and credit card rates, which are the highest.
So, APRs usually fluctuate around 6% to 8%. These conditions make personal loans accessible, but not too much and on the other hand, they have a fairly short payback term.
How Do We Know When
to apply for a personal loan and when to go for a different line of credit? Think of it in the following terms: Is there a better option for what you want it? If it is the case of a business you want to develop, then you have special “small business loans” that will get you better conditions based on your business plan, cash flow and market share.
A Car Loan
If it is a car you want, then better go to a car loan broker straight out. Hes got the best conditions as well as insurance and also the possibility to get you a good deal on the purchase itself.
Home Loans
These can be got through the line of mortgage loans and we all know how looooong they are to pay, although the interest is so conveniently low. Then, buying a home is not an option for a personal loan.
So, Theres A Lot To Choose From
Right, there are so many things to use a personal loan for, that the list would exceed the space here. So, to give just a few examples, you can change your furniture, get a whacking holiday, renew your wardrobe and so many other things that just cant be used as collateral.
And Thats The Point, Precisely.
Many times, say, not considering bad credit, personal loans are granted, based on track records, good credit, good job, good bank reports and other good information that the lender can obtain.
The loan conditions are not so great, but you have the advantage of just signing for it and thats it, besides the fact that you can use it for something that you just dont need to declare. No questions asked.
Securities
If a signature is not enough, the lender will ask you for a security, to make sure you will repay. But no one will ever know what you did with the money and no one will ever care. Perhaps you want to pay for something too personal and you dont want your family to know, or even a surprise for your family.
Get One Tailored For You
Check out on-line options. There will be one just right for you, Im sure. Do your homework well and youll be very happy with your decision.