The Cash Flow Benefit Of Leasing
Wednesday, 2. July 2008
As the economy tightens and fuel prices continue to increase now may be the time to consider leasing as a cash flow alternative to purchasing whilst also taking out the risk and uncertainty of outright purchase or using a purchase scheme. For around £250 per month including VAT you can lease a £17,000 car that would cost nearly £200 per month more out of your cash flow, if hire purchased over 4 years then to find that the vehicle has negative equity in it if sold after say 2 years. I have produced an amazing video on this subject which I’m hoping to provide to all of my book buyers this week and all others next week. Underwriting is getting tougher as available funds reduce so moving sooner rather than later is the order of the day especially if you own the car you are driving as the value will drop considerably by the end of the year as reported in previous newsletters.