Jeep Buyer

So you want to start looking for a new car but you just can’t seem to make your finances stretch far enough? Or perhaps you’ve already found the car of your dreams, ut know there’s no way you’ll ever be able to afford it. You’re not alone – the motoring industry has been hit hardest of all by the recession and car sales have reached an all time low. It seems no one can afford to think about purchasing a new car right now.

But don’t let that put you off – there is another option. There is a way you could get the car of your choice, without even having to pay upfront for it. Car contract hire or leasing agreements are a great way to choose the exact car you want and you only have to pay one manageable monthly fee.  

I know what you’re probably thinking, there has got to be a catch, right? Well, actually, no there’s really not. Sure you have to sign a contract but you get to choose from any car on the market, including those that would normally be out of your price range. In fact, the more desirable the car is, the better deals you can get. It’s not like buying a new car where the value decreases with time, most contract hire agreements are based on your projected usage so they take wear and tear into account and when the contract ends you can trade it in for a newer model.

Choosing contract hire will usually also help with the running cost of having a car – often the road tax and servicing costs are thrown in to the monthly instalments so you won’t find yourself suddenly landed with huge repair bills. And being able to trade the car in regularly means you’ll always have the latest model so it’s less likely to break down.

Basically, it’s a really beneficial and financially viable way of getting a new car without any of the worries of buying outright – and it really does make sense, especially now when times are hard. And who knows, you might even be able to get that dream car after all!

In these times of recession and credit crunch you’re probably having to cut back and tighten your purse strings a bit. Just wanting something is not a good enough reason to buy it. Your new rule is that if you can survive without it then it should stay in the shop. You might not even be able to afford even the small luxuries, let alone such a big purchase as a new car. And it’s not just you.

The UK car industry has seen a massive drop in sales over the last few months, so bad that the government has been forced to provide financial support just to keep the business afloat. But right now, car prices are lower than they’ve been in a long time.

Of course, a lot of people would never consider investing in a new car at a time when money is so tight. ven with the slump in prices it’s still a big purchase, and one which many would be unwilling or unable to commit to. But it’s possible that the car industry’s troubles could work in our favour. I’m not talking about paying for a new car straight up, or choosing the cheapest (and quite possibly also the worst) car in the showroom. And I’m not talking about digging through the countless deals on the used car market while prices are down.rices are down.

There are other options. If, for example, a new Merc is the car of your dreams, there are a number of companies offering very reasonable Mercedes lease or contract hire deals online, letting you choose from the latest new models for a relatively small monthly fee. And that’s not the only benefit you’d get – there are loads of reasons why leasing your new car could be a better choice, especially if money is tight.

Unlike when you buy a brand new car, you don’t end up losing out a couple of years down the line when the car suddenly isn’t worth half what you paid for it. Most of these deals are based on your projected usage of the car, so they allow for wear and tear and when the contract runs out you can trade it in for a newer model. Think of it like getting a contract phone instead of pay as you go – many companies will even include servicing and road tax in the monthly cost, leaving you with less to worry about.

The best thing about leasing is that if you choose a more expensive car you can often get a better deal. Dreamed about owning the new Audi Q7 but know you couldn’t afford it right now? You could choose an Audi lease agreement that lets you drive away in it immediately, and you wouldn’t have to worry about whether you could afford the full cost because the car itself is your collateral. You could be happily driving away in your shiny new car, the envy of all your mates, and safe in the knowledge that everything is covered.