📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Is Vehicle Leasing a Good Idea?

Our current 4x4 is getting quite expensive to run in the current economical climate so we are thinking of selling it and getting a smaller version. Our current car is 6 years old and has the average mileage for it's age and is in excellent condition. We've already had a good offer for it but I'm reluctant to put this all down on a new car. I'd rather release the equity and stick it in the bank.

We do need a 4x4 due to rural location and lifestyle and knowing what we need to tow we have chosen a vehicle.

I'm wondering if vehicle leasing is the way forward?

If anyone has any experience or Do's and Don'ts they could offer it would be very much appreciate.

Thanks
Cabot (0%) left to pay £2455 let the overpayments commence! :D

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.