Don't do it!
IMHO lease hire is just another way of giving the banks/their proxies your money - and your property, if you can't make the payment on the lease. Only do it if you really need to, and pay for it in cash if you can: it's then your asset, that no one else has control over.
Although the rider to that at the moment is that we might be about to move into a world of almost negative interest rates, where - theoretically - you could actually be quids in with the banks, though I'm sure they'll always find a way of making money out of you...
|