"In July, we have seen a marked increase in the number of users searching for car leasing deals" said Alan Gates, Marketing Director for LeasingAndContractHire.com. "We see this growth as a Nationwide trend as car leasing becomes more and more popular."
The top 5 searches in July were for:- Audi leasing (13.89%), BMW leasing (13.57%), Mercedes-Benz leasing (8.41%), Volkswagen leasing (6.05%) and Land rover leasing (5.09%). In total, they account for 47% of the overall search volume at LeasingAndContractHire.com
Over the past 6 months, Audi leasing deals have consistently been the most popular searches. Audi has seen a 6 month average search volume of 14.86%.
So, for anybody considering leasing an Audi or any other make of car, LeasingAndContractHire.com have over 14,000 car leasing deals available at any one time! To see what all the hype is about, visit the website now.
Is Car leasing for you? Leasing is essentially renting a car over a specified term where the lessee (the consumer) pays the depreciation cost. That's the difference between the residual value (what the car is worth at lease end) and the net capitalized cost (what you pay for the car).
Leasing has been lauded as your cheapest ticket to keep up with the industry’s hottest vehicles and trends. The jury, however, is still out on leasing: with the industry long on hype and short on detail, it is difficult to distinguish between a genuinely good deal and a downright up-selling exercise.
So how do you know if it is good?
First, you need to find out if there are any down payments on the lease. A down payment refers to the lump sum amount that you pay upfront, either in cash, non-cash credit or trading allowance, to reduce your monthly payment. You should think twice before putting money down on a lease: not only are you getting a rough deal, as you’re essentially forfeiting the general rule of leasing: not putting any cash upfront, but the money is not recoupable at the end of your lease. There is another big disadvantage: in the event of your car getting damaged or stolen, you insurance and the gap cost will not cover the loss.
The UK car leasing market is enjoying rapid growth, with more and more companies and individuals considering the leasing option when choosing their next car. It is the most cost effective way for a consumer to drive a brand new car.
For more information about leasing and all that check out leasingandcontracthire.com
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Friday, July 27, 2007