Benefits of Leasing

znDespite aggressive low-interest financing, cash-back offers and other
purchasing incentives offered by leading auto-makers to buyers, leasing
numbers keep increasing steadily over the years. Leasing is not only an
attractive financial proposition to most auto-consumers, but also a
lifestyle and preference choice.

Benefit Number 1: Keeping up with the latest trends

Leasing is sometimes more of a personal and lifestyle choice than a
financial one. Many people are not comfortable with the idea of owning a
vehicle over a long period of time. They’d rather keep up with the latest
trends of the industry and drive the latest models every two to three
years.

Leasing a car gives you the convenience of having the latest technology
and safety innovation, such as an electronic stability system, DVD
entertainment systems and advanced stereo equipment. If you are willing to
forego ownership for the latest set of wheels, than leasing is your best
option.

Benefit Number 2: Purchasing Flexibility

Leasing also offers purchasing flexibility: it allows you to defer the
purchasing decision while using the car. You don’t have to haggle with your
mechanic over repair expenses, deal with hefty maintenance bills or worry
about a depreciating asset. Provided you can keep the vehicle in good
condition and stay within the contracted mileage allowance, you’re
effectively getting a test drive for the length of your lease.
At the end of your lease, you can purchase the vehicle or simply turn in
the keys and walk away. No questions asked.

Benefit Number 3: Cash Flow

Leasing offers many short-term benefits. It reduces your initial cash
outlay as you do not have to pay the large down payment required for car
ownership. You only pay for the depreciation on the car – only the part you
will use during your lease, not the entire vehicle. This results in lower
monthly payments and frees even more cash. This cash can be put to use more
intelligently elsewhere than the questionable investment of owning a
depreciating asset. If you are self-employed or use your car for your job,
then you can write off your leasing payment as a business expense.

Benefit Number 4: Negotiating Leverage

Although it may seem a little unorthodox in this industry, almost
everything about leasing is negotiable. If you know all the fees involved,
you can lower your monthly payments, negotiate the purchase price of the
vehicle at the end of the lease and contract additional miles on top of
your mileage limit. You can also do some shopping around and compare deals
from different auto-insurers to get the cheapest GAP insurance for your
lease.


Why Employee Leasing

qaAsk Yourself These Questions

 

    • Do I have time for payroll?

 

    • Do I have time or resources for HR?

 

    • Am I able to afford benefits to my employees?

 

 

If you answered yes to one or all of these questions, you should save your self several man hours as well as money and try employee leasing.

How Employee Leasing Can Help Small Businesses

Instead of spending all of your time and money on payroll, paperwork and human resource issues, leave it up to the professionals and go back to focusing on the main reason you started your business in the first place. Employee leasing still means the employees you hire are still your employees, the employee leasing company is now just legally responsible for them. Since 40 employee leasing companies employ approximately 400 people in America, they are able to get smokin deals on benefits and 401k packages that small businesses couldn’t come close to providing.

 

    • Be able to give great health and 401k benefits

 

    • Get back to work! The work you love

 

    • Leave human resource, legal paperwork and payroll to the pros

 

 

If you were charged fees for mistakes with payroll or for being late on business taxes, the return on your investment of hiring an employee leasing company is ten-fold! Get rid of the headaches and save money.

 

    • Save money in your time alone

 

    • Save money on office supplies, including stamps, ink, envelopes, payroll software and office space

 

    • Save money by eliminating another body. Outsourcing to a payroll and employee leasing company relieves other worries you may not have even considered.

 

 

Leave the worrying up to the pros. They will do what they are paid to do and let you get back to making money doing what you started out doing in the first place!


Leasing a Storefront: How To?

zbA storefront is a business that has visibility from the street. Storefront properties are generally leased by those selling items to the public. Some storefronts are used for restaurants or even business offices. Leasing a storefront can bring the commercial real estate investor good, steady income.

In many cases, a commercial real estate investor will look for storefronts that need construction improvement. In other cases, old homes in ‘downtown’ areas of different communities are being made into storefronts. Whether you are improving an existing storefront or turning a or other property into a storefront, it is best to have a qualified renter prior to purchasing the storefront property.

It will be your responsibility, when leasing a storefront, to make sure that the property complies with all local ordinances. This will relate specifically to advertising, lighting and signs. If the storefront is a solitary structure, you will also have to insure that the driveway and parking areas are cleared for customers.

Storefront businesses are popular in all parts of the country, especially in cities. Businesses that sell retail prefer leasing a storefront as it gives them more visibility for the public. Storefront windows can exhibit the goods in the store to their advantage. Storefront windows can also exhibit signs and have lettering on the windows, allowing a business drive by advertising.

One way to get a storefront is to purchase property in part of town that is changing from residential to business zoning. This happens in many areas where they are trying to make an historic area a shopping area in town. Old homes are converted from residential buildings to commercial real estate store fronts. A commercial real estate investor who wants to make a profit leasing a storefront can do well by purchasing such a property and converting.

To convert an old home into a storefront business you will first have to apply for a zoning change. If most of the other property is being zoned for business use, you should have no problem as long as the municipality approves your proposed usage of the property.

Prior to investing in commercial real estate, especially if you are endeavoring to engage in leasing a storefront, get a title search of the property and learn the covenants, restrictions and conditions that pertain to the property. These can range from all stores have to have a green roof to no restaurants that sell tacos. You have to make sure that you know if your business will be prohibited by any existing covenants or restrictions recorded on the property.

Leasing a storefront can be an ideal way to earn a profit when investing in commercial real estate. Because storefronts are usually easy to lease to businesses because of their visibility, they are rarely vacant when in prospering areas. As is the case with all commercial real estate investments, location has everything to do with the success of the business. Make sure your storefront is in a good location and has a steady traffic flow in order to make this commercial real estate investment work for you.


New Car Leasing – What to Ask?

zmQ. Can I trade my existing car in, what will it be worth and how will it affect the cost of my new lease car?
A. This can help lower the monthly payments on your new lease car. You need to know when the discount is applied and how much this will be as you may have to pay the full amount and claim it back later find out first! Make sure you know exactly how much trade-in value you are getting.

Q. What do I pay when signing the lease?
A. Find out all the costs and what they are before you sign on the dotted line for your new lease vehicle. There can be several charges that you haven’t thought of and you should know what each one is and when it needs to be paid.

Q. What free miles do I get, what happens if I go over this?
A. A typical lease car agreement will be for annual mileage between 10,000 and 15,000 miles.
After this you will be charged for every mile at a set rate per mile. Sometimes you can agree a lower rate than first offered this is important if you think you may go over the set mileage as costs can mount up on your lease car!

Q. If I can’t make a lease payment on my new car what happens?
A. Although this is unlikely you still need to find out what happens if you find yourself unable to make the payments on your lease car. Even if it is only a temporary change in circumstances involving one late payment make sure you know the consequences. Insurances such as Early Termination Insurance and Redundancy Insurance are available to cover all eventualities, please ask one of our sales team for further information on that.

Q. Can I hand my new lease car back early?
A. Typically if you have to hand the car back before the end of the lease agreement you will have to pay an early termination charge. Make sure you ask how much this could be. Again, insurances such as Early Termination Insurance and Redundancy Insurance are available to cover all eventualities, please ask one of our sales team for further information on that.

Q. How long is the lease?
A. Lease terms can vary anywhere between 1 year (12 months), two years year (24 months), three years (36 months) and even five years year (60 months). When you choose your lease term you should take into consideration the servicing schedules of the car as terms that go slightly over a 12 month period could end up costing you more in servicing charges e.g. a 39 month term instead of a 36 month term. Check the servicing schedule first!

Q. Can the lease be extended?
A. Not usually a problem but it is worth asking first as the monthly costs may go up. You do not want to be paying one fee for two years then when you decide to keep your lease car for another year to find that the monthly payment goes up.

Q. What happens at the end of the lease?
A. If you have ever wondered where all the cars go at the end of the lease the answer is the caution rooms. Main deals and independent car dealers by the ex-lease stock at trade prices and them sell it on to the public with their profit added. So if you are looking for a used car bargain, don’t visit your local dealer, go to the source and get down to your local car auction!

Q. Can I lease a used car and save money?
A. You can lease a used car but there are several points you should be aware of. The car usually has to be less than 24mths old, “VAT Qualifying” and covered less than 20,000 miles.

Your payment may be lower compared to leasing a brand new car because much of the depreciation will have already occurred. British manufactured cars are usually good value as used cars as they suffer heavy depreciation in the first 12mths. A car that is one or two years old is usually a good bet don’t buy something too old. Also check the residual value at the end of the term to make sure it is not too high.


What You Need To Know About Leasing Used Cars

zvAs with new car-leasing, your price research should focus on the key figures that are the initial market value and the estimated residual value of the used car. This is harder to predict since there is no factory-set sticker price on used cars, and the residual percentage is very much pegged to a subjective current retail value. Use different sources to get a rough idea of the value of the used car: your local dealerships, internet car-evaluating tools, such as Edmunds website and Cars website, to name but a few.

Another way to pin down a good estimate is to compare the lease on your given car to a lease on a new-car with the same make and model. This should give you a better picture of the difference between leasing new and going for used. Just like leasing a new car, used vehicle leasing is more attractive when residual values depreciate the least. You stand a better chance of finding a bargain in the high-end, luxury vehicles that keep their values better as used cars.

Next, you need to check the initial mileage and the overall vehicle condition. The maximum mileage on a used car should be no more than 12,000 miles a year. A 3-years old car with 50,000 miles on the clock is very unlikely to make a good used-vehicle lease. Check for signs of excessive use, like worn seat fabric, worn pedal pads and dirty engine, which might indicate that the odometer has been rolled back. If the car is not certified, you need to get it thoroughly inspected. Ask your dealer for a manufacturer-sponsored certification program or have your car certified by a qualified mechanic or inspection service.

Most used-car deals do not come with gap coverage. This is a special type of coverage, normally offered on a new auto-lease, to cover the consumer if the leased vehicle is lost, stolen or damaged. Typically, auto-insurance policies cover only what your car is worth at the time of loss, not what you still owe on the lease. The difference could run into thousands of dollars. For peace of mind, do not enter into any used-car lease without gap-coverage. Arrange it separately with either the lease dealer or your auto-insurance company.


What Everyone Wants To Know About Car Leasing

zcLeasing a car can be a fantastic way of getting the keys to your dream car without having to fork out the purchase price. The UK seems to be a country that is obsessed with going into debt in an attempt to pay off a loan. People make massive sacrifices in their living standards to afford a mortgage to repay the mortgage value when they could be paying far less with an interest only mortgage and have a far better standard of living. The same seems to happen with vehicles. A large proportion of car drivers choose to purchase a car. The money they subsequently pay on the loan can make the car cost considerably more than the car was initially worth and if people do take this plunge then they will often experience a loss in value of the vehicle. A growing number of people are beginning to recognise the true cost of purchasing a vehicle and seeking to find another way of financing a vehicle. One if the most popular options available is car leasing.

Car leasing enables the person that wants to use the vehicle to drive it around as their own without the worry of depreciation in value or maintenance costs. Car leasing organisations offer contracts that can be inclusive of a wide number of different costs. So you can arrange a contract with a fixed price so that you can manage your finances effectively and so that you don’t have to worry about being hit by unexpected costs. This makes having a car less stressful because even the newest of cars experience problems that could end up being costly.

There are a number of advantages of having a car on a car leasing deal. The major advantage is that you do not have to suffer the effect of depreciation. Most cars lose a great deal of value over time. Even just a few years of ownership can drastically reduce the value of the car. If you don’t own the vehicle you do not suffer this loss in capital value; the owner of the vehicle does. So you can use a new vehicle for a number of years and at the end of your lease simply hand it in and choose another one. You will not have to go through the stress and effort of advertising, negotiating and selling the vehicle for an upgrade.

In many cases the cost of car leasing costs significantly less than the loan repayments on a purchase vehicle. This is because you obviously don’t own the vehicle at the end. There are obvious benefits of this. Firstly you do not have to worry about selling the vehicle when you want to upgrade. The selling process can be both expensive and, for those that are unfamiliar with the process, daunting. So using car leasing can be a great way of reducing the stress that you face when it comes to changing cars. The second major advantage that comes when you come to the end of your lease is that you can exchange your car for a different model quickly and without any hassle at the end of your deal. All you will need to do is return the car in the condition you agreed upon hand over the keys and then you can pick a new one. This is a great way to keep using an up to date vehicle.


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