Want a new car without the cost of depreciation?
Written By Faye Sunderland Published On: May 13 2009
Well apparently you now can.With the slump in the world economy, money being short in the public pockets and the motor trade being in the worst it has been in a decade, the last thing you may believe is changing your car now is a good idea.However after speaking to industry expert Rob Jones, of 121 Leasing Limited it starts to make sense. Rob has recently left the motor sales trade industry after 16 years to move into a new area, having suffered the effects of low car sales first hand. Rob said: “I have seen the credit crunch have a huge impact on the motor trade and many dealers have had to slash prices to achieve their targets. This has created a knock on effect resulting in huge depreciations within the used vehicle market; as soon as a car or van leaves a forecourt it takes a massive chunk off the value and this can be up to £1,500 per month for the first few months”. However, as Rob explains, there is one car sales trade which is going from strength to strength – contract hire and leasing.Car leasing is attracting an increasing number of personal users as the general public jump at the opportunity to have a brand new car every two or three years without suffering the cost of depreciation and the evitable headaches that come with a new vehicle. Like many contract hire providers, 121 Leasing deliver their cars to the constomer’s door, wherever they may be in the UK and include road-tax in most cases for the duration of the contract.Best of all is the cost saving, 121 Leasing say they can offer new car costing between £15,000 and £40,000 from just £150 + vat per month-that’s a total of just £4140 for 2 yrs ownership, better than any loss incurred had you purchased it from a dealer and without having to sell it at the end to get some money back in your pocket. Additionally is personal contract hire is not for you, you can opt for personal contract purchase– in you want to own the car at the end of the contract. Vehicle leasing prices can usually start from around £100 per month inclusive of VAT, but with many types of financial products available there is always a deal to suit most budgets, in fact, 121 Leasing are confident that they have the vehicle and package to suit the even the most discerning customer.Managing Director John Wilson said: “Rob has joined our young vibrant sales team to assist with the increased volume of enquires, we have some fantastic offers added on a daily basis, we welcome people to visit our website or call direct.”121 Leasing Limited can be contacted at www.121leasing.co.uk or call on 01952 253 744.
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