Posts Tagged ‘car accessories’

The two types of car leasing agreements that exist are open and closed. It is good to learn a bit about how car leasing works and the different types there are in order to make the best decision.

For consumers the best and most commonly taken agreement is the close-ended deal. Agreeing to these car leasing deals you are able to return the car when the lease contract runs out. The great thing about these agreements is there are no additional costs with the exception of damages and exceeding your allotted mileage.

The agreement is made that determines a maximum number of miles that you can drive each year with the car you have leased. If you exceed this pre-determined mileage you will need to pay extra. The agreement commonly uses 10,000 miles as the limit for a lease hire car.

When your lease comes to an end the current value of the car will be determined. The car being worth less than predicted is uncommon but definitely a bonus for you. Otherwise you will have the option to buy the car or hold onto it and try and sell it for a profit. This should also include any car accessories as well, which is a good little addition to any deal.

Open-ended agreements are geared more towards businesses. The agreement cost a lot more but is more flexible and commonly has a greater mileage limit.

However the cost is the down side to these contract and as a leaser you would be required to pay any additional costs between the market and residual value of the car at the end of the lease period.

In general lease cars that function on a close-ended deal will provide the best return for the price you pay. If you need a more flexible arrangement then you may want to look into an open leasing agreement but beware of any additional costs that could be incurred.

Now that you know the difference between an open and closed agreement you should have a much better idea of what you want when it comes to car leasing.

The car accessory Market is booming at the moment, feeding off the back of the trend for modifying the looks, performance and interior of a car that was brought about with the release of the Fast and Furious films in the early to mid 2000s, ICE, or In Car Entertainment became a buzzowrds for car enthusiasts everywhere and putting high spec audio-visual equipment in the interior was a must. In previous years the trend was for ostentatious, over the top car accessories sprouting out of the dashboard at a variety of angles. This sub-culture was perhaps best encapsulated by Pimp My Ride, the U.S TV show that took beaten up, battered old cars and turned them into fluorescent, gleaming master pieces of ‘bling’ that came complete with such ridiculous accessories like fish tanks and pool tables mounted in the trunk.

This was clearly made for TV purposes and no one really wanted a car that you could play ping pong in, but as with any trend it filtered into mass culture and was interpreted by mnay in a more diluted fashion. For example, boy racers fitted DVD players on their dashboards, completely pointless but very cool looking. Huge speakers that made the earth sahke around them were also on the menu. All this begs the question however, what car accessories do we really need? Satellite Navigation is most likely top of most peoples lists, the revolutionary new system was released in the early 2000s and provides and easy, effortless way of navigating complicated routes..

This may be a necessity for some but is it really just a superfluous accessory that we can get along without. We have been using roadmaps for years and the country was no different. Some accessories are in fact very handy and potentially life saving. A Bluetooth car kit for example allows you take important calls on your mobile without ever having to take your eyes of the road. Doing so could mean you get reprimanded by the law and may even loose your license, or worse have a nasty accident.