Simplicity Cars Leasing Guide vol 1 | Page 4

If you have ever looked at cars, lets be honest, this question will have been part of your process. We have all faced it, and everyone you speak to has a different answer.

An independent study by Moneysupermarket concluded that a new car can save you up to 23 % over it ' s older equivalent. The table below gives you an idea of this based on two of the most popular cars on sale.

One important factor with this table is that it takes no account for depreciation on the vehicles. The best way to think of depreciation with your used vehicle is a silent cost.

Imagine buying a car for £ 9000, and after running it for three years, you sell it for £ 4500. This works out at £ 125 a month lost to the value of the car, that there is no way for you to recoup.

The table also doesn ' t factor unexpected service items like tyres, brakes or emergency repairs to the car over time.

* figures correct Nov 2016

As part of our service to you, using our knowledge, we will try and provide you with this type of information. We will help you understand the overall costs of your new car over the lease period and how this stacks up to your existing car or equivalent if you currently don ' t have a car.

This is all part of our commitment to giving you all the information you need to make the right choice for you. And it has to be right for you, to be right for us.

4: @ KingoftheRoadUK: Simplicity Cars: http // www. simplicity-cars. co. uk: andy @ simplicity-cars. co. uk