To begin this article I would like to quote a phrase from legendary oil baron Paul Getty “if it appreciates, buy it. If it depreciates, lease it”. This quote reflects with perfection the state of the automotive market these days, whereas when you buy a new car the minute you drive out of the dealer it starts to depreciate.
Depreciation is one of the worst nightmares for fleet managers across the globe. Car leasing and other auto finance options like contract hire, lease purchase and hire purchase are solution to this problem. In short, when you lease a car you will pay a set monthly fee for something that is depreciating.
It is arguable that car leasing is not as good as it seems, paying for something that is not actually yours and is loosing value either way might not sound like the brightest idea. But there are other benefits that make car leasing for business owners more attractive than actually buying a new one.
First you can renew your fleet every 2 to 4 years depending on your leasing contract, monthly payments are on average 40% lower than a normal car loan, there is no need for huge up-front deposit, just to highlight a few.
Now that the benefits of business car leasing are highlighted I will get down to the real purpose of this article. Here is a list of what I think are the best Audi Models business owners and fleet managers alike should consider leasing.