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Is leasing better than buying?

Is leasing better than buying, a question we get asked a lot. More now than ever due to the popularity of personal contract hire. 

The answer all depends if you want to keep the car. Some customers prefer to buy outright, spend there hard earned and have a car which they own. This was the mindset in the 80’s and 90’s but those days are long gone now. 

Why would you want to pay for something that depreciates like a stone, unless a classic or supercar! Leasing both business or personal contracts gives you the wide choice of car, more popular are the premium brands due to a high residual value making the monthly payments a lot less than you think. 2, 3 or 4-year lease than hand back and get a new car. This method of driving a new vehicle is very popular and we have seen a 35% increase year on year.

The benefits leasing a new car are favorable as well. No MOT’s, road tax included, fixed monthly payments, peace of mind being a new car you will have the manufacturers warranty. Quite clearly, we are slightly biased. But we know what our customer love and keep coming back year on year. 

SO, if you want a new car, have it for a few year and hand back, you have come to the right price. Think about it, would you rather have a C class for £250 per month, or spend £36,000 out of your savings/bank loan or gifted money? We know what we would do and our 12,685 customers think the same. 

car leasing uk

Contact us

Email : sales@silverstonefleetmanagement.com

Telephone : 0800 612 8901

Company Address :
Silverstone Fleet Management
Office 5, The Old Hay Barn
Preston Lodge Court
Preston Deanery
Northampton
NN7 2DS
UK

Silverstone Fleet Management is a trading name of Silverstone Corporation Limited. Silverstone Corporation is a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 674485 | BVRLA member 1918

Registered in England & Wales with company number : 8079695 | Data Protection No : Z3311594 | VAT No : 138056808

Registered Office : Office 5, The Old Hay Barn, Preston Lodge Court, Preston Deanery, Northampton, NN7 2DS UK

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

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