yourhavingalarf:
trevHCS:
If its a personal lease then he’s the one stupid enough to get one under that.
Personal leasing avoids…
The massive depreciation that occurs with new vehicle full purchases. Bearing in mind that the vast majority of cars spend almost all of their lives parked with the handbrake on, why would anyone want to pay for something that just sits there doing nothing?
Leasing lets you pay for the usage of the car which is all you really want at the end of the day.
How does leasing a new car, avoid paying for the depreciation of it?
And the reality of wear and tear may well prove to be costly. A colleague of mine has spent the last week expressing fury and playing detective to find who has scratched the side of her car in the works car park.
I suggested she just slap on some touch-up paint and forget about the issue - as I did myself a few months ago when I noted a scratch on my car.
And then my colleague dropped the bombshell - it’s a lease car that will eventually be returned, so any touch-up will have to be perfect and professional to avoid a fine.
And that’s where the hidden costs and risks creep in - costs which do not just involve money, but also potentially consume large amounts of time and aggravation.
The colleague in question has easily consumed half a day of her own effort already, sucking in others from the company too to check CCTV and listen to her outrage, not to mention her engaging in uncivil confrontations with people who may or may not be the culprits.
The only people leasing is suitable for, are those who would otherwise always be driving a nearly-new car anyway because of their lifestyle choices, and don’t want the hassles of having to buy and sell every couple of years. These people pay the depreciation and damage costs on a regular basis anyway, whether they own or rent.
As for the car being parked up with the handbrake on most of the time, I only use my bedroom for a third of each day too, but I have no intention of leasing it out or sharing it with a stranger, because it is more important to preserve my own perceptions of cleanliness and good order of the fabric, the arrangement and security of things inside, and the flexibility to use it on demand at any time without planning.