Opening car leases offers a lot of freedom for consumers that a normal purchase does not. And these benefits can apply to either personal or small business uses too, making them a worthwhile consideration for your next vehicle search.

The first thing to consider is in what situations do you feel the need to trade-in a car after a few years? What kind of use do you expect to get out of “owning” a vehicle for a short length of time where you can choose to either renew, purchase, or exchange it for a new car lease? With these in mind you will know why people choose to go with this option rather than a purchase.

Assuming you are self-employed and you intend to use your vehicle for business purposes, a company car will go through a lot of use and will probably need replacement after a few years anyway. Car leasing in this case benefits you because you only have to hold onto the vehicle for the term of the contract, which is about 2 or so years. Also, you can write the monthly use of the car as a business expense. It also allows you the opportunity to invest in luxury vehicles that you would have otherwise overlooked because of the upfront price and difficulty receiving a loan for financing.

As for personal use, do you feel better owning newer technology? If you are a parent you may feel more comfortable if you get a car every few years with the latest safety advancements. Every few years a brand will release a vehicle with better braking systems, rear view camera systems, and automated stopping features to prevent accidents.

It also provides drivers a chance to literally test drive a model for a longer period of time. When you purchase a car you get to test drive at the dealership and then you sign away hoping you made a good decision based on a few hours of banter with a dealer and a go around the block. With leases you get to try the vehicle for a few years before you commit to it and if you do not like it, then you simply trade it in for another of similar value.

So, if you are unsure about investing permanently in a vehicle till death do you part or till the engine fails, then consider your alternative. Car leasing can often be the best option.