Who makes a good candidate for car leasing?
In case you are thinking about leasing a car you should first figure out whether you actually are the type of driver who is suitable for a car leasing deal. You should find out whether your lifestyle is compatible with car leasing too. Leasing is a good option only for certain drivers and types of people. Are you such a driver and such a person?
Is car leasing a good option for you?
Car leasing offers a lot of benefits and many people tend to be attracted to them. However, you should consider some important factors if you are attracted to car leasing and are considering it. In case the answers to the following questions are mostly yes this means that car leasing will probably not be the best choice for you. If you choose to lease in spite of that you will most likely end up being bitter and unhappy and will suffer a lot of unnecessary financial pain.
1. Do you think there is a possibility that you will need to end a car leasing term early?
Car leasing contracts are created in a way which is intended to discourage and sometimes even prevent early termination at all costs. If you choose to end your lease contract, however, you will most likely end up paying very high termination charges and a lot of other payments. Therefore, if you choose cheap car leasing or billig bil leasing in Danish your lifestyle should be really stable and you should have a good stable job so that you do not need to go through the pain of early termination. The most common problem people wanting to lease experience is their desire to end the contract before it expires.
2. Do you usually drive a lot more than 15 000 miles every year?
The car leasing contracts offered nowadays limit the amount you can drive to 10 000-15 000 miles per year. In case you happen to exceed the limit you will have to pay penalties. Every mile over the limit costs about 20 cents. These are the so-called excess mileage charges. If you are sure that you will be driving more than the number of miles you are allowed to you can purchase miles beforehand for a lower price as part of the car leasing contract.
3. Do you feel like you will want to make modifications to your cars and customize it to fit your needs?
If you lease a car it does not become your own so you cannot change it in any way during the car leasing term and insurance (or as my Danish acquaintances say bilforsikring) also. The car’s owner is the leasing company and only they have the right to make changes. You are not allowed to make any modifications and install any custom equipment which can alter the car. In case you do you will have to pay for the fees for repair of the car once the lease term is over. The ones who choose to lease a car are sure they will not want to modify it later.
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