Car leasing is basically a rental agreement between a buyer and a car leasing company, allowing the buyer to rent a vehicle for an agreed period of time while paying a fixed lease charge per month. There are various types of car leasing available with different deals, and most of the time, they can be confusing for first timers. This post is prepared with adequate details for you to understand the different forms of lavish personal car lease deals available for you.
Lavish Personal Car lease Deals
If you’re interested in getting a car for personal use but you can’t afford purchasing your own car, then you might want to consider getting your car on a lease. There are two types of deals when it comes to leasing cars for personal use, this is applicable to all types of cars; Personal Contract Hire (PCH) and Personal Contract Purchase (PCP).
Personal Contract Hire: This is an easy, hassle-free way to own and run a car. The individual hiring the car will be required to pay a fixed monthly rental fee. This fee may vary for different individuals hiring a car depending on factors such as the type of car, its mileage, the agreed lease duration and many other factors. A lot of people go for this option because it helps them avoid running into unpredictable residual values at the end of the agreement. If you’re interested in fixed cost motoring, then you should consider this option.
Personal Contract Purchase: This is another good car lease deal for you. It also involves fixed monthly payment (although the payment will be much lower than PCH) and you do not have to worry about any residual value fall of the vehicle. This is guaranteed by the financial house and with this deal, you can determine the balloon payment at the beginning of the contract. This will be decided by the term and the mileage. What makes this type of contract great is the fact that; at the end of the agreement, you can decide to either buy the car and keep it, or you can trade it in and sell it back. If you decide to sell it back, you can use the equity raised from the sale to get a new vehicle if you want. This is a fantastic option if you’re interested in fixed cost motoring with some added flexibility.
If you want to get a better idea of the types of leasing deals out there, you can find out more here.
Overall, both options are incredibly convenient and come with a range of benefits. If you’re considering getting a car, you should consider these luxury car lease deals.
Mentioned below are some of the best luxury car lease deals available for people considering luxury car lease deals.
BMW Sport 2 Series
Lease deal: Approximately $340 per month.
This is more like a new year deal from BMW and it is for anybody ready to grab the opportunity. BMW is offering the sporty 2 series for $340 per month for 36 months. This deal is available on the manufacturer’s website for more information.
Keep in mind that some deals may be restricted to specific locations and the payment per month may vary based on locations too. Check with your local dealer to confirm availability and prices. Your credit score will also determine if you will be getting an offer or not.
2020 Lexus ES 350
Lease deal: Approximately $390 per month.
This is one of the best options for midsize luxury cars. The Lexus ES 3500 is refined, spacious, comfortable and beautiful with a well finished cabin and many other standard safety and tech features.
The vehicle also boasts of excellent reliability scores making it an excellent choice for long term use. The reduced starting price on this vehicle is also an added bonus for people looking for car lease deals and gives it an edge over competition while offering premium quality service.
2020 Cadillac XT4
Lease deal: Approximately $400 per month.
The Cadillac XTS model with its spacious rear seats and a very large cargo area, offers a very roomy interior for a luxury SUV. The vehicle also comes equipped with a lot of safety features; including forward collision warning, automatic emergency and many others.
The infotainment module can be a little bit difficult to operate and its power train could use an upgrade but overall this is one awesome car you can go for when shopping for luxury car lease deals.
2020 Volvo S90
Lease deal: Approximately $650 per month.
Volvo cars have a reputation for their powerful and fuel-efficient engines, this model is no exception. It features an all-wheel drive, with a beautiful interior completed with premium materials and plenty of room for passengers in the front and rear compartment.
Like all the other vehicles considered here, it comes with lots of standard safety features.
This is a sensible choice among midsize luxury cars.
2019 Mercedes-Benz E-Class
Lease deal: Approximately $530 per month.
This vehicle explains the line sit and enjoy the ride. It features an opulent and well finished interior, cushioned comfy sits, cutting edge tech and a lot of safety features. The Mercedes Benz E-class is one of the best choices among luxury cars.
It is also worth mentioning that it features a peppy fuel efficient engine for the class.
Lease Deal:Approximately $840 per month.
This is definitely one of the best luxury car deals in the UK. The Quattroporte features V6 and V8 engines from Ferrari, these two engines pack some amazing power which allows the vehicle to be able to reach a top speed of 192 mph. It also features a long wheelbase design that allows for an abundance of interior space. The interior area is well decorated with premium quality, hand-stitched Italian leather. You can even heat the seats in cold weather.
As always, it’s important to consider your lifestyle and personal preferences when considering the car that you want to lease. If you’ve ever wanted to drive a luxury vehicle but weren’t sure how to go about it, leasing is an excellent way to do it!