Car Leasing Vs Buying: Pros And Cons

If you are out there looking for a new car, it is very likely you have thought about leasing versus buying. While most car buyers choose to buy a car , others prefer the aspect of leasing. To help you make a very informed choice, we are going to weigh the positive and negative aspects of car leasing vs buying.


Advantages of buying a car

Buying a car comes with an array of benefits. First, since you fully own the car, you can do any kind of modification and in any manner you choose. Secondly, there is no mileage restrictions you have to deal with when you buy a car. You can go to any place you like without having to worry about penalties in mileage.

The kind of flexibility that comes with buying car makes it worthwhile. For example, the owner has more flexibility since you can sell the car anytime you want.


While buying a car comes with a whole list of benefits, there are also a couple of things that should have you worried. To start with, it is important to note that a car depreciates in value over a length of times; something that can deplete your savings in the log run.

Advantages of leasing a car

Leasing on the other hand comes with its own share of benefits and drawbacks, as well. To start with, let’s look at the pros of leasing a car. Unlike buying a car, leasing gives you an opportunity to drive a more expensive car for little money every month. Additionally, with leasing you pay less sale tax and the best part, there is no trade-in hassle when your lease comes to an end. (more…)

The Most Expensive Number Plates Ever Sold

Over the past 25 years or so, private number plates have proven to be a very good investment. Part of the reason is that during the late eighties as well as the early nineties our disposable income has encouraged us to spend on extravagances that we would not normally have bought. Bigger and more expensive cars, holidays abroad and even personalized number plates. Another reason is that the prices of such personalized registration numbers have grown to such an extent that they are now considered investments.


When the DVLA started selling number plates way back in the early nineteen nineties, number plates such as 4 A and 11 B were sold for £6800 and £4000 respectively, however they are for sale today for £120,000 and £95,000. The ground breaking record of the most expensive number plate ever sold in history worth £10m today. Property prices or gold has not increased in value quite so much, so it’s clear to see why the trade in private plates has grown to such a level.

vip-iThe best type of plates for investment reasons has to be individual plates. Whilst all plates are classed as individual, the types of plates referred to are ones that spell names or words and also the number plates that have the single number 1.

Number 1 plates are considered the ultimate car registration in more formal circles. Number 1 is considered to be the best and therefore they attract the highest retail prices. In fact the difference in price between number 1 and number 2 can be as much as four to ten times depending on the initials. (more…)