GLASGOW-based finance broker, First Vehicle Leasing, has shown the cost benefits of leasing versus buying a new car – taking the popular and economical Vauxhall Corsa Hatchback as a case in point.
Says a spokesperson: “Doing the maths (which can be found at its website at http://www.firstvehicleleasing.co.uk/leasing-vs-buying) shows that over £4,000 can be saved by leasing a 1.2 litre five-door Corsa instead of buying it.”
Andy Watson, business development manager at First Vehicle Leasing, said: “The message to anyone in the market for a new car is to think carefully about how you’ll finance it.
“Do you want to pay the full cost of a new car every two, three or four years, and then have to sell or trade in the vehicle? Or do you want to simply pay for the time you use the car, while it’s in its best condition and under warranty, and then have the option of driving a brand new car again? And save yourself a great deal of money?
“The alternative to buying is that, with car leasing, at the end of the contract, you can take your choice of another entirely new vehicle, which is likely to have better safety features, better fuel economy, include the latest gadgets and feature the latest design, and again save thousands over the cost of buying outright.
“Three years ago, you’d probably have chosen a 1.6 or 1.8 litre engine for a mid-sized car. Today, Ford’s Focus with a 1.0 litre Ecoflex petrol engine delivers 100 BHP and offers up to 68.9 mpg using the type of turbo charger technology you find in Formula 1 cars. All this, and you can still come in at insurance group 10E.
“You can also choose a car that suits your changing needs – whether it’s something a bit sporty, a car with more room for a growing family, or a second vehicle for other family members.”
Driven by service, First Vehicle Leasing has been committed since 1999 to creating the best car leasing solutions and the best service experience for its business and private customers.
A leasing broker member of BVRLA, a franchisee of Network and an authorised associate of Lex and Arval, First Vehicle Leasing has instant access to 12 different finance company quotation systems. For further information log onto www.firstvehicleleasing.co.uk
PHOTO caption: Andy Watson, business development manager at First Vehicle Leasing
ENDS
For further information please contact David Petherick, Head of Marketing on tel 0141 763 2973 or david.petherick@fvl.co.uk
Issued on behalf of First Vehicle Leasing by Liquorice Media tel 0141 297 1699 www.liquorice-media.com
Date: 8th August 2014
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