Tuesday, 27 January 2015

Business Car Leasing promotes Growth and Savings

The primary goal of any business concern is to earn profit. If they purchase a fleet of vehicles for business purposes, they would be investing a lot of money and would also have to pay huge amount of money in servicing. They will have to incur loss in terms of the depreciating and low-resale value of the vehicles. A lot of money will be tied up in assets which could otherwise have been used for important business purposes. An efficient and cost-effective...

Tuesday, 6 January 2015

Personal Car Leasing Explained

What is car leasing?Car leasing is similar to renting, where a person only pays for the use of a vehicle over a specific period of time. There are two types of leasing that leasing companies offer –personal and business car leasing. The lease term usually covers a maximum period of 60 months, after which the users are expected to return the vehicle to the finance company in a decent condition. Leasing a vehicle is very popular owing to the depressing...