I'd like to consider Ferrari as a scaled down version of God.

-Jeremy Clarkson

Showing posts with label renting Vs buying. Show all posts
Showing posts with label renting Vs buying. Show all posts

Tuesday, 18 May 2010

Is renting the new buying?

In my quest for a new car, I have stumbled across the Fiat Bravo hatchback and have been pretty impressed with what I have seen so far. My main concern is the finance aspect of buying and owning a brand new car and with so many expensive brands on the market I was starting to doubt whether it would be financially possible, until... I found out about car leasing.

My main worry is that I am saving for a new house which will take up a massive chunk of my wages each month as nowadays money for the house is not enough, you also need extra cash for everything else that goes with it. What I don’t want is to then have the extra strain of finance on a new car as well as the tax, insurance and petrol that goes on top. When I read up on car leasing I was surprised at the benefits it can offer me and my finances. It can provide me with a flexible contract that can be tailored to meet my requirements and how much I can afford to pay.

The benefit for me with leasing a car is that I can tailor my contract so that should it not work out I can return the car and not have the worry of a long term tie in; after all you don’t always know what is around the corner.

The Fiat Bravo is stylish and cheap to run which for me is a wicked combination. I would absolutely love a flashy little two seater but for me right now it is just not practical... The Bravo also comes fully equipped with a high tech CD player, front electric windows and remote central locking, an advance on my car at present. What a winner!