{"id":2986,"date":"2020-09-01T00:00:00","date_gmt":"2020-08-31T23:00:00","guid":{"rendered":"http:\/\/dev.c2b-blog.builtbybrave.com\/new-model-releases\/buying-used-cars-versus-car-lease-deals_999126111\/"},"modified":"2022-09-08T16:34:58","modified_gmt":"2022-09-08T15:34:58","slug":"buying-used-cars-versus-car-lease-deals_999126111","status":"publish","type":"post","link":"https:\/\/www.cars2buy.co.uk\/news\/expert-tips\/buying-used-cars-versus-car-lease-deals_999126111\/","title":{"rendered":"Buying Used Cars Versus Car Lease Deals"},"content":{"rendered":"

Let’s face it, buying a new car outright is expensive. Depending on the type of car you want to get, the price can be in the high £10,000s all the way up to £60,000 or more! That is a huge amount of money to either pay upfront or get into debt with.
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\nOn top of that, there’s also the fact that the value of the car immediately goes down as soon as you start driving it, so there’s no way to recuperate that financial investment by selling the car later.
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\nThat’s why so many people in the UK decide to buy used cars instead. They are far more affordable than buying new cars, and you don’t really need to worry about the value of the car as it will have already decreased significantly.
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\nHowever, there is another option; car leasing. So, let’s take a look at how buying a used car compares to getting a new car on a lease deal.<\/p>\n

The Initial Costs<\/p>\n<\/h2>\n

This is probably the hardest part to compare, since the price of a used car can vary significantly. After all, it is possible to pick up a used car for £50, or another one for £10,000. It all depends on the make, model, age and condition of the car in question. However, you’ll typically find used cars going for around £1,000 to £3,000 on average.<\/p>\n

If we were to take the cost of the lowest Nissan Juke on a popular used car website at the time of writing, and compare that to the initial deposit of the same model as a lease deal (again, at the time of writing), that would give us a good basis for understanding the difference.
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