Monday 21 January 2019

15 Disadvantages Of Leasing A Vehicle

1. You don't own the car at the end of the lease (although there is always the option to buy). 2. Expensive in the Long Run. 3. You’ll also need to make sure any damage is repaired before you hand your lease car back.  4. If you lease one car after another, monthly payments go on forever. 5.  A contract is a contract: You will find it costly to terminate a lease early if your driving needs change. 6. When you sign your lease, you will be limited to travelling a set number of miles per year. 7. You must have a stable and predictable source of income. 8. You could face excessive wear and tear charges. 9. High Insurance Cost. 10. Occasionally you will be charged a down payment, then you will need to pay this expense each time you renew your lease.

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