Good luck with that!. First, you've got to find the right car. Well that can be fun. Then you need to ask yourself - how are you going to afford it? A lot of people will simply take the finance from a dealer or contact their bank for a loan. That is no longer a smart way to finance your pride and joy. Here's why:
Monthly payments will be on average 35% and 45% less costly than the repayments on a
car loan. This means that you will be able to drive a newer and more economical vehicle. Leasing can help reduce the cost of motoring because Companies that provide car leases, buy, maintain and sell thousands of cars and therefore they have great buying power. The savings that they make are reflected in the lease cost. Car Tax is usually included in the lease cost so this is an expense you will not have to cover. Companies that lease cars only have half of the VAT blocked on the lease rental payment. VAT would be fully blocked (ie irrecoverable) on cars that are bought by businesses.
