Simplicity Cars Leasing Guide Vol 1 | Page 5

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 second hand 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 .

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