Every motorist has a few options when the time comes to find a replacement car. One option which is growing in popularity and it is easy to see why is personal contract hire (PCH). Leasing a car as opposed to purchasing it can be a smart move and will suit many different types of motorist. Read on to find out the main benefits of PCH.
- Ability to Drive New Cars Regularly
One of the biggest perks of PCH is that it allows a motorist to drive a new car every few years. Many motorists like the idea of being able to upgrade their car on a regular basis, plus this can also help you to benefit from the newest and best technology and engineering too.
- Do Not Have to Sell
Another major benefit is that you never have to sell the automobile. Selling a car when you are looking to upgrade can be a challenging and stressful process, plus there is also depreciation which can be over 50% after just three years. This is not an issue with PCH as you simply return the keys at the end of the contract.
- Flexibility
You can often find great flexibility when it comes to PCH deals when you go to specialists like ZenAuto. This should help you to find an automobile that is right for your needs and an agreement that works with your budget and lifestyle. Leasing companies work as independent vehicle brokers and continually get the best deals from finance companies and dealerships so that they can provide competitive rates.
- No MOTs
New cars do not have an annual MOT until they are three years old – when you lease, this means that it is likely that you will not have this responsibility which can reduce stress and ensure that you always have a car readily available.
- Get Control of Motoring Costs
Motoring can be a huge expense each month and it is sometimes hard to track where the money is going. This is not the case with leasing because expenses are usually rolled into one easy monthly payment, including road tax, breakdown cover and maintenance. This means that you simply need to cover fuel and insurance.
These are just 5 perks to leasing a car instead of buying one but there are many more. It is an approach that works very well for many types of motorist and it is certainly worth considering if you are looking for a new car.