"If it appreciates, buy it. If it depreciates, lease it." J.Paul Getty, billionaire oil tycoon.
Non Status Car and Van Leasing allows you to benefit from having a new, reliable and quality vehicle on flexible terms without losing thousands of pounds in negative equity.
Very few people and businesses have the capital to buy a new car without some sort of financing, even if you do have the capital to purchase a new car outright you will still lose serious amounts of money should you chose to change it within 4 years.
It is well established that a high percentage of people have been caught out by buying a car on long term dealer finance or taking a personal loan, then 2 to 3 years down the line choosing to change the vehicle only to find the finance settlement figure is substantially higher than the trade in value of the vehicle therefore resulting in a status of negative equity. This is further pronounced if your personal or business credit profile is less than perfect.
Negative Equity poses a big problem, There are two possible options and 2 outcomes once this starts and neither are very positive…