Vehicle leasing and contract hire specialists UK Carline has responded to news that leasing deals entice drivers to upgrade their cars as often as their mobile phones.

According to Forbes, one of the United States most popular businesses magazines, leasing in the States has recently reached record leads. Findings from Powerful Information Network and Experian show that leasing makes up 25 percent of retail volume in the USA – a number that continues to rise.

The increase is thought to be the result of the many benefits that leasing provides, including a lack of depreciation, low upfront fees, regular vehicles upgrades and reasonable monthly prices.

An analyst for American auto researcher Edmunds.com, Jessica Caldwell, spoke of the public’s attraction to car leasing, comparing it to contract mobile phones: “Like an iPhone, one can get a new vehicle with all the new technology and have a similar payment as before,” she said.

Similar stats can be found in the United Kingdom, with a growing number of companies turning to fleet operations to take advantage of tax breaks. It’s also possible to claim back VAT on maintenance contracts.

UK Carline is an industry leading provider of car leasing and contract hire vehicles in the UK, they frequently react to reports, research and news within their industry. A representative for the company agrees that leasing is a beneficial and easy way to obtain a new car and believes that contract hire is the way forward:

“It’s understandable that providing a cost efficient way to drive a new car, one that you drive for a couple of years before handing back with nothing else to pay, is an attractive option for a large number of people. The fact then when your initial contract is up you can upgrade to an even newer and more impressive car is the icing on the cake.

“Those who are used to upgrading technology such as mobile phones and laptops will recognise the benefit of being able to upgrade a vehicle every several years. Combine that with the ever decreasing costs of leasing and the huge selection of vehicles from leading manufacturers now available, it’s no surprise more and more of us are choosing to lease.”

UK Carline is the country’s top provider of car leasing deals.  Continually expanding their vast range of popular vehicles, they deliver unbeatable, affordable solutions for their growing customer base. Visit their website at www.ukcarline.co.uk to find out more about the benefits of leasing.