Modern Car RestorationPre-Sales PreparationLease Return PreparationPaint Sealant ProtectionAccident Clean-Up
Specialist Car Valeting UK
   
Advice
 

 

Buy your Lease Car

If your car has quite a bit of damage, you can buy your way out of trouble by buying the car. If you have picked up quite a few scuffs and scratches, unless you have totally changed your ways, then chances are that you would get more of the same on a new car anyway. So wy not buy the car, keep and keep it another few years.
We see many people who have cars that they use for work, they often don't have a driveway and have to park them in a busy street, they may have equipment that they are loading and unloading which causes more wear... and it often makes sense for them to buy the car, especially if it is well serviced and low mileage, and you have looked after it in the main (Or a Japanese car that goes on forever!!!).

Just bare in mind that although this is a way of avoiding the penalty recharges, you will still have to buy it at the price that the lease company wants to sell it. They expect the car to be valued as a car in 'good' or 'clean' condition in a standard trade valuation guide, penalty recharges are there to cover any damage that brings them below this value. So even if your car is in poor condition, expect to pay the good condition price.
The difference between a 3 year old car car in good condition and poor condition can be between £1500 and £4000 depending on the make and model. You can check out this out for yourself on the Glass's Price Guide with your own car.

The flip side of this is that if you have kept your car in imaculate condition, i.e. much better than 'good condition', then you could have the oppotunity to buy a real bargain at the end of your lease. So keep this in mind if you are getting a new lease car - treat your car for protection and treat it as an investment.

 

 

 

page 1|2|3|4|5|6|7|8|9|10|11|12|13|14|15
16|17|18|19|20|21|22|23|24|25|26|27|28|29 index

 

 

 

Related car leasing subjects

Car Leasing Article: The Car Leasing Business
How car leasing works, and you responsibility as a driver.

Review: Value my car!
See how much your car is worth, we review some valuation guides.

 

  
This page was last updated on Mon, 17 March, 2008
 
 

Since Dec 2003

© 2003-2008 www.clean-image.co.uk valeting services, auto detailing, car care, & smart repair.
Clean Image, Unit 1, Court Ind Est, Navigation Road, Chelmsford, Essex, UK. CM2 6ND
Contact     E-Mail:
British Vehicle Rental & Leasing Association - Retail Motor Industry Federation

Most popular valet services
Car Lease Services | Leather | Supagard | Diamondbrite | AutoGlym | Dent Removal | Alloy Wheel Refurbishment | Fair Wear & Tear
Directory | Links | Resources | Motorsport