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February 10, 2012

December 13, 2009

Should I Buy Or Lease My New Car

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I have just started a new job and have decided the time is right for me to be looking into buying a new car. In all honesty I have owned my old Fiat Punto for over 6 years, and although she has served me well, she is starting to look a bit battered and bruised.

I have a bit of a quandary as to which car I should be looking to invest in?

My worry would be choosing the wrong car and having to put up with it for the next 6 or 7 years.

A friend of mine suggested that it might be a good idea to look at leasing a car for a few years. My first thought was that this was going to be too expensive, why would I pay out every month for a car, when I could buy one outright.

I made the decision to carry out some research to obtain facts and figures and see what sort of deals were around for Cheap Lease Cars.

I was totally amazed by the competitive deals around, but still did not know which car to choose.

My first vehicle was a Vauxhall Nova, so I thought that probably looking into Vauxhall Contract Hire could be a good place to begin my search.

Although Vauxhall have some super cars available, I was considering leasing a car more in line with my new company status.

My partner bought a Toyota Avensis and he is really pleased with his car. His car is really reliable and he has not had any problems with it. Bearing this in mind, I thought I would carry out a search into Toyota Contract Hire and I was suitably impressed by the Toyota Landcruiser. To me this is a fantastic car, certainly big enough for the family, plenty of room for the shopping and it will look great out in the company car park.

I have a feeling that the Landcruiser will suit me very well for the next 3 years. The brilliant part is at the end of the 3 year lease, I have the option to purchase the car.

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