Car leasing vs. Car buying

Car leasing vs. Car buying

Postby js36927 » Thu Jan 13, 2011 10:50 am

There are many things to consider while opting for a new car. One of the biggest challenges being a car buyer in Australia is to decide whether to go for a car lease or to buy a car via car brokers. There are many agencies that provide car buying service as well.

There are basically many significant differences between car leasing and car buying. Listed below are a few of those.

• At the end of a car-lease, you return the car to the agency whereas if you are the car buyer you will own it.

• If you opt for a loan, it usually is for five to six years whereas a lease term is lesser than that, two to four years.

• Payment for loans is higher than the car lease payment.

• Car lease normally comes with a limitation of amount of mileage you can use; you will have to negotiate a higher mileage limit if you plan on traveling a great deal. If you go beyond the limit, you will be charged 10 to 15 cents extra whereas if you own a car this is not an issue.

• Amount of wear you can cause to a vehicle is limited if you go for car lease. You might have to pay extra if you cause excessive wear. If you are a car buyer, you don’t have to worry about this.

• Terminating a car lease before the expiry causes you to pay a bit extra, same is the case in case for car buyers as well if you have opted for car loan, you usually have to pay a fee.

• Upfront cost for car leasing is lesser than that of car buying.

Before deciding on whether to go for a car lease or to buy your own car, please keep the above points in mind. If you are an Australian resident and want to know more about car buying, car buyers or car lease, please visit privatefleet.com.au. It’s one of the renowned car buying service providers in Australia and could prove very handy in your decision making.

For more in formation about audi . Please visit Private Fleet.
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Re: Car leasing vs. Car buying

Postby victoria » Sat Apr 23, 2011 7:45 am

Quite right !! It’s good to see this information in your post, it was very well authored and easy to understand. I really appreciate with that.


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Re: Car leasing vs. Car buying

Postby john12121 » Wed May 04, 2011 10:12 am

It depends on what's most important to you. All of us have different lifestyles and priorities — in cars, life, and in finances. Car lease-versus or buy decisions must be made with your own lifestyle and priorities in mind. What's right for one person can be totally wrong for another.
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Re: Car leasing vs. Car buying

Postby ChaseMark » Fri May 06, 2011 5:13 am

john12121 wrote:It depends on what's most important to you. All of us have different lifestyles and priorities — in cars, life, and in finances. Car lease-versus or buy decisions must be made with your own lifestyle and priorities in mind. What's right for one person can be totally wrong for another.



I agree with John...it really depends on you as an individual at the end of the day and what you are comfortable with...I would personally always like to own the car I drive...plus...if cost is the issue....considering buying a used car instead of leasing a car makes sense too....Repossessed cars are not a bad idea..
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Re: Car leasing vs. Car buying

Postby fan123 » Tue May 17, 2011 2:08 am

Amount of wear you can cause to a vehicle is limited if you go for car lease. You might have to pay extra if you cause excessive wear. If you are a car buyer, you don’t have to worry about this.

Terminating a car lease before the expiry causes you to pay a bit extra, same is the case in case for car buyers as well if you have opted for car loan, you usually have to pay a fee.


Thailand holiday
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Re: Car leasing vs. Car buying

Postby michaelg » Mon Mar 05, 2012 7:20 am

Hi,

It's here get a good knowledge in your post about car leasing vs. car buying.
I got Really nice information.
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