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7 Surprising Benefits Of Leasing A Car

7 Surprising Benefits Of Leasing A Car

We all have a dream car that we presume we can’t afford. We settle for the “sensible choice” that will get us from A to B and won’t break the bank.

But what if you could drive a car without worrying about the overall cost? What if you could drive a car for a year without having to commit to it any longer? What if you could just borrow a car and then give it back?

Car leasing is an increasingly popular way for motorists to drive without having to purchase the vehicle. It gives you the freedom to drive a car without any strings attached. If you’re considering buying a new car, here are seven surprising benefits of leasing a car that might change your mind.

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You avoid damaging depreciation costs

One of the biggest problems motorists face when buying a brand new car is that these cars lose their value very quickly, and by the time you’re ready to sell and move on, your car is worth much less than you bought it for.

If you lease a car, you will never have this problem and you do not have to worry about the car’s resale value. This makes car leasing an attractive option to those who want to change their car frequently without losing any of the cost.

Low monthly payments

If you choose to lease a car rather than buy it, your monthly payments will be lower as you are only renting the car. This means that you can spend the money you save elsewhere–on holidays or those oh-so-expensive shoes you’ve been coveting. Also, if you only use your car for work, it may be more beneficial for you to lease a car rather than own one, and then spend the money you save on having fun on the weekend.

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    You can drive the car of your dreams

    As you aren’t paying to purchase the whole car, you are much more likely to be able to afford the car of your dreams. If you’ve always fancied a particular car but never had the money to buy one, this could be the perfect time to do it. You know that sexy convertible city car you’ve always wanted? Lease it now and your dream will become reality.

    Road tax is included

    When you lease a car, road tax is included for the duration of your contract! This means you don’t have to worry about making sure it is up to date yourself. Remember to check with your car leasing provider first, as some companies only include road tax for the first year.

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    There’s no need to sell your vehicle—just give it back!

    Let’s face it, there’s nothing fun about selling your car. You have to spend time fixing any small issues, taking flattering photographs, uploading them to online car sites, negotiating with time-wasters, and using up your precious free time meeting potential buyers. A lot of hassle, right? Well, if you lease your car, you can simply hand it back once your contract is over. Most companies will even come and collect the car from you so you don’t even have to leave the house—perfect!

      You can show off

      Yes that’s right, with car leasing you can show off your brand new stylish car to your friends, family, and co-workers—which is what everyone really wants, isn’t it?

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      Having an impressive car could do wonders for your business, especially if you are self-employed and want to look successful. You know that ridiculously expensive flashy car that would impress your clients and seal the deal? Lease it and no one will be the wiser.

      You can add maintenance packages

      Car leasing companies such as Stoneacre Leasing will offer you a choice of maintenance packages for the duration of your contract. A full maintenance package will give you peace of mind and will cover servicing, repair costs, and extra tires. This means that no matter what happens, you will not be faced with any surprising repair costs!

      Car leasing is an easy, hassle-free way to obtain a personal car on a budget. If you’ve not thought about leasing a car before, give it a try—you’ll never go back!

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      Last Updated on September 28, 2020

      The Pros and Cons of Working from Home

      The Pros and Cons of Working from Home

      At the start of the year, if you had asked anyone if they could do their work from home, many would have said no. They would have cited the need for team meetings, a place to be able to sit down and get on with their work, the camaraderie of the office, and being able to meet customers and clients face to face.

      Almost ten months later, most of us have learned that we can do our work from home and in many ways, we have discovered working from home is a lot better than doing our work in a busy, bustling office environment where we are inundated with distractions and noise.

      One of the things the 2020 pandemic has reminded us is we humans are incredibly adaptable. It is one of the strengths of our kind. Yet we have been unknowingly practicing this for years. When we move house we go through enormous upheaval.

      When we change jobs, we not only change our work environment but we also change the surrounding people. Humans are adaptable and this adaptability gives us strength.

      So, what are the pros and cons of working from home? Below I will share some things I have discovered since I made the change to being predominantly a person who works from home.

      Pro #1: A More Relaxed Start to the Day

      This one I love. When I had to be at a place of work in the past, I would always set my alarm to give me just enough time to make coffee, take a shower, and change. Mornings always felt like a rush.

      Now, I can wake up a little later, make coffee and instead of rushing to get out of the door at a specific time, I can spend ten minutes writing in my journal, reviewing my plan for the day, and start the day in a more relaxed frame of mind.

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      When you start the day in a relaxed state, you begin more positively. You find you have more clarity and more focus and you are not wasting energy worrying about whether you will be late.

      Pro #2: More Quiet, Focused Time = Increased Productivity

      One of the biggest difficulties of working in an office is the noise and distractions. If a colleague or boss can see you sat at your desk, you are more approachable. It is easier for them to ask you questions or engage you in meaningless conversations.

      Working from home allows you to shut the door and get on with an hour or two of quiet focused work. If you close down your Slack and Email, you avoid the risk of being disturbed and it is amazing how much work you can get done.

      An experiment conducted in 2012 found that working from home increased a person’s productivity by 13%, and more recent studies also find significant increases in productivity.[1]

      When our productivity increases, the amount of time we need to perform our work decreases, and this means we can spend more time on activities that can bring us closer to our family and friends as well as improve our mental health.

      Pro #3: More Control Over Your Day

      Without bosses and colleagues watching over us all day, we have a lot more control over what we do. While some work will inevitably be more urgent than others, we still get a lot more choice about what we work on.

      We also get more control over where we work. I remember when working in an office, we were given a fixed workstation. Some of these workstations were pleasant with a lot of natural sunlight, but other areas were less pleasant. It was often the luck of the draw whether we find ourselves in a good place to work or not.

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      By working from home we can choose what work to work on and whether we want to face a window or not. We can get up and move to another place, and we can move from room to room. And if you have a garden, on nice days you could spend a few hours working outside.

      Pro #4: You Get to Choose Your Office Environment

      While many companies will provide you with a laptop or other equipment to do your work, others will give you an allowance to purchase your equipment. But with furniture such as your chair and desk, you have a lot of freedom.

      I have seen a lot of amazing home working spaces with wonderful sets up—better chairs, laptop stands that make working from a laptop much more ergonomic and therefore, better for your neck.

      You can also choose your wall art and the little nick-nacks on your desk or table. With all this freedom, you can create a very personal and excellent working environment that is a pleasure to work in. When you are happy doing your work, you will inevitably do better work.

      Con #1: We Move a Lot Less

      When we commute to a place of work, there is movement involved. Many people commute using public transport, which means walking to the bus stop or train station. Then, there is the movement at lunchtime when we go out to buy our lunch. Working in a place of work requires us to move more.

      Unfortunately, working from home naturally causes us to move less and this means we are not burning as many calories as we need to.

      Moving is essential to our health and if you are working from home you need to become much more aware of your movement. To ensure you are moving enough, make sure you take your lunch breaks. Get up from your desk and move. Go outside, if you can, and take a walk. And, of course, refrain from regular trips to the refrigerator.

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      Con #2: Less Human Interaction

      One of the nicest things about bringing a group of people together to work is the camaraderie and relationships that are built over time. Working from home takes us away from that human interaction and for many, this can cause a feeling of loss.

      Humans are a social species—we need to be with other people. Without that connection, we start to feel lonely and that can lead to mental health issues.

      Zoom and Microsoft Teams meeting cannot replace that interaction. Often, the interactions we get at our workplaces are spontaneous. But with video calls, there is nothing spontaneous—most of these calls are prearranged and that’s not spontaneous.

      This lack of spontaneous interaction can also reduce a team’s ability to develop creative solutions—there’s just something about a group of incredibly creative people coming together in a room to thrash out ideas together that lends itself to creativity.

      While video calls can be useful, they don’t match the connection between a group of people working on a solution together.

      Con #3: The Cost of Buying Home Office Equipment

      Not all companies are going to provide you with a nice allowance to buy expensive home office equipment. 100% remote companies such as Doist (the creators of Todoist and Twist) provide a $2,000 allowance to all their staff every two years to buy office equipment. Others are not so generous.

      This can prove to be expensive for many people to create their ideal work-from-home workspace. Many people must make do with what they already have, and that could mean unsuitable chairs that damage backs and necks.

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      For a future that will likely involve more flexible working arrangements, companies will need to support their staff in ways that will add additional costs to an already reduced bottom line.

      Con #4: Unique Distractions

      Not all people have the benefit of being able to afford childcare for young children, and this means they need to balance working and taking care of their kids.

      For many parents, being able to go to a workplace gives them time away from the noise and demands of a young family, so they could get on with their work. Working from home removes this and can make doing video calls almost impossible.

      To overcome this, where possible, you need to set some boundaries. I know this is not always possible, but it is something you need to try. You should do whatever you can to make sure you have some boundaries between your work life and home life.

      Final Thoughts

      Working from home can be hugely beneficial for many people, but it can also bring serious challenges to others.

      We are moving towards a new way of working. Therefore, companies need to look at both the pros and cons of working from home and be prepared to support their staff in making this transition. It will not be impossible, but a lot of thought will need to go into it.

      More About Working From Home

      Featured photo credit: Standsome Worklifestyle via unsplash.com

      Reference

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