When you lease a car for personal use, you are using a particular vehicle, for an agreed length of time (usually between 1 – 3 years), for a set fee.
You have complete freedom of choice over your model and specifications (colour, trim, etc.) and your contract is tailored to you in terms of annual mileage, length of contract and how you’d like payments structured.
THE TOTAL COST OF YOUR VEHICLE LEASE IS CALCULATED ON SEVERAL FACTORS:
Value of the car
Value of the car
Value of the car
Residual value
Residual value
Residual value
Maintenance charges
Maintenance charges
Maintenance charges
Insurance charges
Insurance charges
Insurance charges
Length of the lease
Length of the lease
Length of the lease
Administration fee
Administration fee
Administration fee
After the leasing contract period, the vehicle is simply returned, leaving you free to lease another car or purchase the car, should you wish.
