Is there a best time to lease a car, and if so, when should you take the plunge? Whether you’re a regular at car leasing looking for your next vehicle or you’re brand new to the concept, picking the top time to lease will help you access the best possible deals.
Why choose car leasing?
Leasing a car instead of purchasing it on finance or outright has lots of benefits. You’ll find monthly repayments and upfront costs for your leased vehicle are cheaper, and you can wave goodbye to the hassle of resale and simply lease a newer, upgraded vehicle when your lease comes to an end. For those searching for car leasing Bristol and the wider area, specialists such as www.autolyne.co.uk/car-leasing-near-me/bristol offer solutions.
Car ownership and finance give the benefit of owning the vehicle outright eventually. However, they come with pitfalls regarding depreciation, higher upfront and monthly costs and eventual issues with resale when the time for some shiny new wheels rolls around.
Ownership is decreasing in popularity. This is also partly because leasing often comes with a warranty, helping you to avoid the costly maintenance and repairs that come with ownership.
When to lease your car
Brand new vehicles are most often released in March and September when new models and registration plates come onto the market, making this a prime time to grab a great lease deal on a new car. You’ll find top deals during these periods as car manufacturers and showrooms will be keen to get the older models out of the door to make room for the new models.
You can also try to grab a bargain at the end of a month or quarter. Salespeople have targets to reach around these times, so are more likely to offer deals to suit your budget. Another option is tackling your car hunt during off-peak times throughout the year when business is typically quiet, such as near Christmas or Black Friday for example, when most people are spending cash elsewhere and salespeople are keen to meet targets.
