Low on cash? But want that new sparkling car? You can lease it instead… but it is not all that simple… it does create problems as there are a lot of fees included which the user in unaware of. Also, you need to know exactly how your leasing company works to know if it fits your budget.
The main problem in leasing lies usually at the end of the contract. If in case you have bashed the car, there is no insurance to help you out here, you have to pay the sum back to the leasing company. There is a certain limit in your running, you can’t go above a certain kilometer in your leased car; if you do, you have to bear the extra cost per kilometer at the end of the contract.