The Right Car, Right Now

Posted on: 31/12/24

The Right Car, Right Now

Nothing triggers our dreams and aspirations quite like the car we want to drive. We spend a lot of time from a young age imagining various vehicles parked on our drive, and whether realistic or not, a car is a big part of our motivation to get on in life and pursue qualifications, jobs and careers. It is also true that certain cars fit certain lifestyles, and not all cars suit where we are in our lives at a particular time. But these things change, and our tastes and needs change as our life evolves. For this reason, we need flexibility in the kind of car we drive and car leasing is the perfect way to enable this.

Funding a car purchase can be a laborious process of agreeing finance terms, setting up direct debits, completing forms and receiving V5C certificates, along with endless emails and letters describing repayment schedules and confirming the details. As someone who has traditionally always purchased a car, if you want the flexibility of changing your car more frequently, to reflect changes in your lifestyle needs, then you will need to be prepared to deal with the hassle of endless paperwork and the eyewatering rates of depreciation in those first three years. Meanwhile, car leasing is specifically designed to enable flexibility and is a better and much easier way to accommodate short term needs and evolving tastes and desires, whilst also protecting you from the inevitable depreciation costs you incur when buying a new car.

How car leasing allows us to be flexible

A car lease term can be between 12 months and five years, meaning you never have a long term commitment to a specific vehicle. And at the end of the lease term you return the car to the leasing company with no responsibilities over disposal, any worries about how much it might cost you or what the vehicle is worth if you’re looking to sell or part exchange, as the lease costs are all agreed upfront. You then have the option to choose another car on a new lease agreement. This can be an upgraded car in terms of spec, size and style, and can even be a transition from a petrol or diesel vehicle to an electric vehicle (EV). You can also opt for a shorter or longer lease term, according to your new requirements.

In terms of flexibility, the short term nature of car leasing allows you to:

  • Change to a car that is more accommodating for a new baby, or a growing family.

  • Switch to an EV when you are ready to, perhaps because you have changed jobs and your workplace has chargers on site, or you have started going to the gym and can charge in their car park, or you have had a charger installed on your drive at home for cheaper overnight charging.

  • Change to a car with better fuel economy because your job or a lifestyle change now requires you to drive long distances.

  • Switch to a longer lease term because you have more job security.

  • Switch to a shorter lease term because you have just lost your job or suffered a pay cut.

  • Reduce your mileage restriction to make the monthly lease payments more affordable, because you don’t drive as many miles as you used to.   

Choose a flexible car leasing deal today

The beauty of car leasing is that you can adapt a car leasing agreement to reflect your current needs, and you are never over-committed to the extent that you are saddled with long term financial obligations you cannot manage. Car leasing allows you to choose a vehicle type and size that suits your current needs, and enables you to set the lease terms that suit you. And because you are not affected by the depreciation of a vehicle, this means you have more ‘buying power’ and can therefore afford a higher spec of vehicle than if you were looking to purchase. So your car budget can go much further with car leasing.

All these factors combine to make car leasing the simple way of being able to afford and justify the right car, right now, and to make your dreams become an immediate reality. Check out the current car leasing deals at Pink Car Leasing and remove those barriers that have stopped you driving the car you really want to.

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