What are generally the advantages and disadvantages for going for car hire/lease rather than purchase in UK?
Car lease is generally only available to business users: You pay the road tax, MOT usually doesn’t come into it as the cars are invariably brand new. You pay a fixed monthly amount & depending on the exact scheme, the car is sold or replaced at the end of the lease period. You use your own insurance, and any damage to the car is down to you. If the car is in poor condition at the end of the lease period, you’ll be offered less money as a trade in or charged by the leasing dealer. Car hire or rental is different: You only pay for rental & fuel – insurance & servicing are included in the rental costs, although you’re still liable for any damage on the car caused by yourself. In the case of scratches, you’d usually be charged for repair by the hire company. Cars may be a few years old, so may well already have scratches & dents anyway.
