UK Carline Limited one of the country's premier vehicle leasing specialists is shouting from the roof tops that NOW is the time to change your car. The economic downturn is having a positive affect on car leasing and now is the cheapest period in recent history in car leasing.
Simon Booth general manager at UK Carline explains:
"With the recent decrease in new car registrations the motor manufacturers are becoming very aggressive in their pricing.
All car producers are offering discounts far greater than normal to keep new cars selling; the immediate problem is the startling decrease in used car values.
But the leasing companies are not looking at today's values as a vehicle is generally leased for 3 years so it is the value of the car in 3 years which is the concern.
With new car registrations being approximately 24% down in September this means there will be a 24% shortage of prime 3 year old 30-40000 mile vehicle stock when the leases end.
This is the positive affect I am talking about, big front end discounts, strong 3 year residual values resulting in reduced monthly leasing costs."
UK carline have invested heavily in a new web site and supporting IT, they now offer a leasing solution for 99% of the vehicles on the UK roads. The site also contains detailed information the cars on offer including standard equipment, options and detailed technical information.