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�200 per calendar month to spend on.............................?
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Please could tell me the best deal I could get when lend leasing a car for maybe 12/18 months spending �200pcm. Does anyone know of the best car leasing websites to use? Thanks in advance!
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My understanding of car leasing deals is that they operate like this:-
They normally operate over a 3 year period, any deposit plus the monthly payments equals half the value of the car plus any interest payable on the deal.
At the end of the 3 years, you have the choice of paying the remaining half (effectively buying the car), or walking away and giving the garage the car.
Now let�s say you want a 12 month lease on a car valued at �15K, paying �200 per month. At the end of the 12 months you will have paid �2,400, but the car will be worth (at most to that garage) around �10K. Any garage operating such a scheme will be loosing over �3K on each car lease � good luck in finding such a garage/car dealership.
They normally operate over a 3 year period, any deposit plus the monthly payments equals half the value of the car plus any interest payable on the deal.
At the end of the 3 years, you have the choice of paying the remaining half (effectively buying the car), or walking away and giving the garage the car.
Now let�s say you want a 12 month lease on a car valued at �15K, paying �200 per month. At the end of the 12 months you will have paid �2,400, but the car will be worth (at most to that garage) around �10K. Any garage operating such a scheme will be loosing over �3K on each car lease � good luck in finding such a garage/car dealership.
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