There are many reasons to look at leasing a car as opposed to buying it. The personal contract hire market has always been attractive for businesses and people with large distances to travel but there is now more of an interest than ever among people who are looking at is a way to save money or as an alternative to buying outright. With more competitive rates personal contract hire is experiencing a surge in popularity. Many companies now offer special deals and flexible contracts that are less geared towards large businesses and aimed more at individual needs and requirements. This bespoke approach to personal contract hire in the car market is now a seen as a viable alternative by more and more people. It seems that personal contract hire can cater for most tastes and needs. Your choice may be based on price in which case there are many small to medium sized cars to consider. With contracts that stretch no more than 12 months with no added obligations and a full warranty included the benefits soon become clear. Alternatively your decision to opt for a personal contract hire car may be based on something as simple as the fact that you like to change your vehicle often. Some people are attracted to the short term contract and short term commitment. The reluctance of the UK market to embrace personal contract hire in the same way that the US has, where one in four cars are hire cars, is down to several factors but mainly due to lack of knowledge. Many UK drivers take out large loans or credit agreements without ever even considering a hire car. Yet they could be missing out. One of the things that often puts people off is the apparent rigid set up of the personal contract hire system, yet the reality is that it's flexible with room for negotiation and can cater to most needs. The benefits of leasing: 1. Often the monthly lease payment is considerably less than a monthly loan repayment. 2. The range of cars that you can consider in your price range improves considerably when you rent. In this respect a you get to choose the personal contract hire car rather than the car choose you. 3. No extra outlay during the course of your lease. The warranty usually runs for the course of the lease and any tax is also usually included. 4. You are not tied to the car until you are old and grey or until it break beyond repair. 5. Fitting the car and the cost of running it into any domestic or business budget is straightforward as apart from the monthly payment the only outlay afterwards is petrol which can be easily measured and accounted for. Some makes of car are more popular in the personal contract hire market. BMWs are popular for instance because the rate at which they depreciate in value is slower compared to other manufacturers. But most makes and models are available and it is worth looking around if there is specific model you want. Here are three popular models to consider: Ford Focus Hatchback 1.6 Style - It's not the most powerful or glamorous car but in it's class it ticks all the boxes. It's good about town without ever having to be pushed to its limits so there's usually something in reserve if you need it. Mazda 2 1.4D TS2 - Economical to run and with a good balance between build and style it has broad appeal. Volvo C30 1.8F SE - All the reliability you'd expect from Volvo with the added bonus of quality upholstery and a range of gadgets including wheel mounted stereo controls.
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