Despite an initial surge after the lockdown, recent data indicates that car sales in the UK are facing difficulties. Purchasing a new car is no longer a top priority for many people facing the cost of living crisis. Fortunately, personal car leasing provides an alternative to buying a car outright, enabling drivers to save money. Personal car leasing not only offers cost savings but also provides customers with a wider range of driving options. The average yearly cost of owning and operating a car in the UK is often more than £3,000.
If you are struggling with the financial costs of keeping a car on the road, it might be time to explore other options. One such option is personal car leasing, which allows you to avoid settling for less and removes concerns about managing motoring expenses.
With a leasing agreement, you can take full charge of your monthly car expenditure since all your costs are consolidated into clear and easy-to-understand monthly payments. This article explores how car leasing can save you money.
What's included in a car lease with maintenance
It's important to know what's covered if you lease a car with maintenance included. A car lease with maintenance included can provide peace of mind and save you money on unexpected costs.
It is the lessee's responsibility to maintain the leased vehicle as per the manufacturer's recommendations. However, the maintenance package offered by the leasing company covers:
- all required servicing
- MOT tests
- premium quality tyre replacements
- oil checks and top-ups
- regular brake pad checks and replacements
- breakdown recovery service
Such a package removes the stress and cost of ensuring that the car is serviced to the required standard, providing excellent coverage for the full duration of the lease. And what's more, it's possible to get a good deal on your car lease.
After three years, all cars registered in the UK require annual MOT tests. The maintenance package covers the cost of this, ensuring that the lessee does not have to bear the expense. Depending on the mileage, the tyres may need replacing during the lease period. The maintenance package covers the cost of premium quality tyres and may also include puncture repairs.
Oil checks and top-ups are included in the maintenance package to keep the engine running smoothly. Regular brake pad checks and replacements are crucial for ensuring the lessee's safety on the road, and the maintenance package covers these costs, saving money and reducing concerns about car safety.
The maintenance package includes a 24-hour breakdown recovery service to assist if any breakdowns occur. The leasing company will take the car to a garage for repairs. Additionally, the leasing company's service centre can collect the car and deliver it back to the lessee's preferred location, making it easier to fit car maintenance into their busy schedule.
What's not included in car lease maintenance
Additional costs such as fuel, toll charges, and congestion charges are not included in car lease maintenance packages. These costs are the driver's responsibility and are not covered by the leasing company. It's important to read through the terms and conditions carefully to understand what is and isn't covered.
Saving money on fuel when leasing a car
Due to high fuel costs, it is worth exploring more fuel-efficient, cost-effective, and eco-friendly cars.
One option is the Volvo V60 Plug-in Hybrid, a large car suitable for professionals who frequently transport goods. The car is very fuel-efficient, emitting only 49g/km of CO2. Its hybrid technology allows it to run on both electric power or a combination of electric and diesel, or just fuel.
The eco-friendly Toyota Prius Plug-In is another option. This car is renowned for its green credentials. It can travel over 15 miles on electric power alone, achieving up to 134mpg when it switches to petrol power while emitting only 49g/km of CO2.
For drivers on a budget, the Peugeot 208 is an attractive option thanks to its stylish appearance and excellent fuel efficiency. It achieves an impressive 83.1mpg and emits just 87g/km of CO2, making it a cost-effective option for drivers who want to save on fuel costs.
In conclusion
Personal car leasing is an excellent option for drivers who want to save money on car expenses. Leasing a car with maintenance included can save you money on unexpected costs, providing peace of mind and excellent coverage for the full duration of the lease. It covers all required servicing, MOT tests, premium quality tyre replacements, oil checks and top-ups, regular brake pad checks and replacements, and breakdown recovery service.
However, it's essential to understand what is and isn't included in a car lease maintenance package. Fuel, toll charges, and congestion charges are not covered in the lease.
Drivers can reduce fuel costs by exploring fuel-efficient, cost-effective, and eco-friendly cars like the Volvo V60 Plug-in Hybrid, Toyota Prius Plug-In, or Peugeot 208. Leasing a car can be a cost-effective and convenient way to drive the car you want while saving money on gas and maintenance.
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