Car Leasing Tips to Make the Most of Your Money

Signing up for a lease on a vehicle for your business or work can help keep your business overheads in check. However, it can be costly if you don’t study your lease or make the most of it. Here are some car leasing tips to remember:

Make sure you know everything about the offer.

Don’t focus only on the monthly payments and interests. When you add the total up with the maintenance expenses of the car, you may end up paying what you can’t afford. Leasing would also have limits in terms of years or number of kilometres. Make sure you stay within these limits to avoid extra fees, or find out if the terms of your lease can be extended. Continue reading

Financing Option: Finance Lease

A finance or capital lease is probably the most upfront leasing option. As explained by Export Finance, finance leases are used in the manufacture of equipment for export. A leasing company buys the equipment you make, then leases it out to an overseas buyer. At the end of the leasing period, the buyer may purchase the equipment by paying for its residual value.

Here’s how a typical financial lease system works. Continue reading

3 Pros of Leasing a Car Instead of Buying

You want a car. You know exactly what features you want down to the color and model of the vehicle, and after reviewing your finances, you believe you’re ready to purchase one. Before forking over a serious amount of money, however, you might want to review other options that would allow you to drive without having to endure a big blow to your pocket. One of these options is car leasing, and here are three reasons why it might be so much better than purchasing a vehicle outright: Continue reading

Getting the Most Value from Your Car Lease

As a fleet manager, you have to ensure that your company’s resources are spent on worthwhile investments. This includes your car lease, if that’s the financing option you chose for your fleet. While generally, car leasing in Perth offers businesses flexibility and possible profitable gains, there are various considerations for you to ponder on, so you can get the most value from the financial arrangement.

The main advantage of car leasing is preserving your cash flow. You won’t need to pay for the whole value of the car nor be required to put in deposits. You won’t have to pay as much as you would for loan repayments, too. The lease expenses may even be used for tax reduction. Continue reading