It was only a few weeks ago at work when I was in deep discussion with a colleague, Berty, about what it is to drive a new car in today’s world. We sat in the canteen eating our cheese and ham sandwiches, washing them down with cartons of orange juice, whilst discussing the motors we drive and the potential vehicles available to us. It wasn’t long before other colleagues came and got involved with the debate. Berty drives a contract hire A5.

Anyway this debate resulted in me learning a fair few things so I thought I should share them and see if I can open other peoples’ eyes to the advantages of leasing.

Firstly, the fact that you do not pay in full for the car up front is a real plus point in my book. If you wanted to drive a brand new Audi A5 and purchase the vehicle outright from a dealership, you’d be looking at tens of thousands of pounds. On the other hand with a personal lease A5 you would pay a much smaller initial deposit, followed by affordable monthly repayments – all for the same vehicle.

Secondly you would not have to worry about depreciation with a personal contract hire Audi A5 agreement. If you were to purchase a new car you’d be constantly thinking about the potential residual value of it for the time that you came to sell it. This is not a factor when leasing as you simply return the car at the end of your term and as long as it has not suffered any significant damage you will not be hit with any charges.

Additionally, when Mike came over to the table to have his input he told us that he actually got his car through his company. He said that people in the position to do so should look at Audi A5 business car leasing deals to see if they could save money on personal agreements.

All in all it seems to me that leasing is a great option for driving a new car that you might not otherwise be able to afford. There are many different options available so it is likely that something affordable can be found, and there is peace of mind to be had when comparing to buying a car new in full.