Who is it best for?

* Avoid the hit of depreciation... * ...just be sure to read the small print * Follow our guide to leasing a car...

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What Car? Staff
23 Dec 2011 11:26 | Last updated: 14 Jun 2018 0:3

Leasing isnt for everyone, but because theres no option to buy its ideal for people who want to drive the latest models and make their budget stretch further.

Its also a low-risk way to borrow money because the lease company can simply recover the vehicle if you dont keep up your monthly payments.

Leasing is also a popular choice for people who are paid a car allowance by their employer rather than choosing a vehicle from the company fleet. Many lease companies also offer the option of adding a service and maintenance package wrapped into the monthly payment. This gives you even tighter control over your motoring costs.

Click here for a larger version of our loans v lease comparison.

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