Many people are now turning to car leasing instead of buying a car out right or financing one. There are pros and cons about leasing a car and you need to ensure you know all the facts before committing to a contract.
There are different types of leasing, places such as Enterprise offer a short term hire option, where you may only need a car for a few days or weeks. This is normally an expensive way of doing it but means that you do not have long tie in’s and do not have to worry about maintenance or most of the time insurance.
If you are looking for something a little more long term then you have two further options. You can chose to go with short term options normally of 3 or 6 or 12 months, or long term starting with a two year contract. Most of the adverts you see for leasing a car are for 2 years or more as this is normally where you get the best deal, but do beware that if you sign up for 2 years you are then agreeing to pay for the duration even if you change your mind at a later date. Some companies will allow you to cancel after 12 months but normally you will still have to pay at least 50% of the lease remaining.
