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Leasing A Car

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vernonk | 05:38 Thu 27th Feb 2014 | Motoring
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Anyone with experiences of leasing a car? I'd like to hear what the pros and cons are, and the pitfalls.
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Try these to see if they help: http://www.which.co.uk/cars/choosing-a-car/buying-a-car/buying-vs-leasing/ http://www.whatcar.com/car-leasing/ http://www.moneysupermarket.com/car-leasing/
06:49 Thu 27th Feb 2014
I remember a similar thread recently, haven't read all the replies but I hope it helps

http://www.theanswerbank.co.uk/Motoring/Question1310342.html
Good answers on the other thread that Alba has pointed out. All depends on what your annual mileage is as to how the costs are worked out. My company car is leased but is on a 3 year 70k miles contract with maintenance. Which? must have done features on leasing as would What Car, I would imagine
i have leased a car for the last 12 years. It worked out ok for me because it meant i had a new car every 3 years and therefore maintenance was at a minimum, and it was always relaible
However, i have never "owned" the car, and worked out over the three years the monthly payments were, i suppose, quite high compared to finance or a loan to buy a car (for example my husband got a loan for a car at about the same time and at the end of 6 years he's probably paid less in payments than me but now actually has a paid for car; albeit a six year old one) It just suited me better because i had a higher spec car than i would have been able to afford if i'd been buying it outright.
my last one was a mercedees and i feel it was rather missold to me (well mis-leased i suppose!) as the salesman told me i could have it serviced in other places that weren't the dealership, but mercedees have this think where they do electronic tracking of services, rather than logbook/service book, and only they have access to it! So despite the fact i had it serviced when required, it's not recorded on their system. i think i'll have a big problem at the end of the lease with this!

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