It was only a few weeks ago at work when I was in deep discussion with a colleague, Harold, about what it is to drive a new car in today’s world. We sat in the canteen eating our meatballs and pasta, washing them down with cartons of cranberry crush, whilst discussing the motors we drive and the potential vehicles available to us. It wasn’t long before other colleagues came and got involved with the debate. Harold drives a Citroen DS5 business car lease.

I just cannot believe the way I have been strolling through life thinking that I knew all there was to know about leasing, when in fact I did not have a Scooby doo.

Firstly, the fact that you do not pay in full for the car up front is a real plus point in my book, a big yes yes. If you wanted to drive a brand new Citroen DS5 and purchase the vehicle outright from a dealership, you’d be looking at tens of thousands of pounds. On the other hand with a personal lease DS5 you would pay a much smaller initial deposit, followed by affordable monthly repayments – all for the same vehicle.

Secondly you would not have to worry about depreciation with a personal contract hire Citroen DS5 agreement. Just consider for all of a nano second what your life would be like if you bought a car outright – you would be hit with constant worry about residuals. This is not a factor when leasing as you simply return the car at the end of your term and as long as it has not suffered any significant damage you will not be hit with any charges.

Additionally, when Kenny came over to the table to have his input he told us that he actually got his car through his company. He said that people in the position to do so should look at contract hire Citroen DS5 deals to see if they could save money on personal agreements.

Of course there are always going to be people that prefer to pay with cold hard cash, but why not consider leasing, you have got nothing to lose. There are many different options available so it is likely that something affordable can be found, and there is peace of mind to be had when comparing to buying a car new in full.