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22/04/2024

Buying a car from leasing

Buying a car from leasing - everything you need to know now in Eldan Car Magazine, Eldan Car News!

Have you checked every page on the internet about buying a car from leasing? Do you want to buy a car from leasing but are still unsure about what is recommended, what is preferable, and what to be cautious of? Are you hesitating and worried and can't decide? We have gathered the advantages of buying a car from leasing for you – this will help you organize your thoughts.

A bit about leasing Before you go to buy a car from leasing, it is important to understand how it works. There are two types of leasing - private leasing and operational leasing. Private leasing is intended for private customers, and operational leasing is mainly intended for business customers. In leasing, the car is in the possession of the private customer or the company renting the leasing services, and the payment to the leasing company is made on a monthly basis. At the end of the leasing payment period, there is an option to replace the car by the leasing company and change the monthly amount according to the new car. The customer returns the old car to the leasing company and leaves with the new car.

Advantages of buying a car from leasing Among the common car purchase methods today, buying a car from leasing is one of the most convenient methods. It is a cheap and efficient way that will save you a lot of headaches and valuable time. We have gathered a list of prominent advantages of the method for you:

Wide variety: When buying a car from a private seller, you will have to search and look around until you find the car that satisfies you. The supply is not always sufficient, and the market is not wide enough. In the leasing company's car lot, you can be impressed by a wide variety of cars in one place. You can find the car that suits you in one place without running around in vain.

Tailored financing: Leasing companies offer particularly convenient financing terms. In addition to 0-kilometer cars and private and operational leasing methods, you can also find convenient financing terms in classic car purchases from the leasing company. In some companies, there is an option to perform a trade-in with your old car, which can serve as a down payment for your new car.

Maximum convenience: One of the main advantages of buying a car from a leasing company is that the company itself handles all the bureaucracy surrounding the car purchase – under one roof. Instead of dealing with phone calls and headaches with the seller, from transferring ownership to details about the car, buying a car from leasing will solve everything for you. When the entire process is carried out in an orderly and responsible manner, the purchase becomes easier and simpler.

Warranty: When you go to buy a car, you always want to feel that someone is taking care of you. When buying a car from a private customer, you cannot get a warranty. In contrast, when buying a car from leasing, you also get this advantage. Remember that the leasing company can offer you a warranty as well.

So what should you pay attention to? As with any second-hand car purchase, there are things that are important to focus on and check before buying the car. Here too, we have gathered some important points that will help you in buying the car:

Maintenance and inspections: To start, ask to see the car's maintenance book. Go over the number and type of treatments the car has undergone with its previous owners, and make sure there is nothing particularly unusual. It is recommended to perform an inspection by a certified entity to ensure full functionality.

Mileage: A high mileage meter is not necessarily a disadvantage, just as a low mileage meter is not necessarily an advantage. Everything changes according to the type of trips. However, high mileage is usually a type of wear and tear that the car may suffer from. Compare the mileage against the maintenance book and check if it makes sense to you.

External appearance: Take a walk around the car and look at the body. Check that the color is uniform and that there are no dents that raise concerns. Such damage may indicate an accident the car has been through. Such an inspection, even superficial, will give you a general indication of the car and its history.

Tests and insurance: As part of regular maintenance, a test must be performed once a year. Check when the car last passed a test and based on that, when you will need to take it for inspection again. Another important detail is car insurance - do not leave the car lot without having insurance in your name. Give this matter great importance.

So, have we decided? In conclusion, as with any second-hand car purchase, you need to pay attention to the small and important details. Buying a car from leasing is not by chance one of the most common purchase methods today. It is a convenient, profitable, reliable, and organized method that gives you many advantages: a wide variety that saves you tedious searching, particularly convenient financing options, saving on exhausting procedures, and concentrating the entire process in one place.