It is possible now to drive a car of your choice although you may not own it. Vehicle leasing makes cars of your dreams, cars of any make and models available for your personal use. Sometimes you can even get a cheap car leasing deal that will make it still easier to be able to drive a car without having the responsibility of owning it.

Vehicle leasing is becoming more and more popular because of the many advantages that it can afford in comparison to owning a car. Vehicles other than cars such as vans, lorries, buses and trucks can also be leased and are all grouped under the common term "vehicle leasing".

Vehicle leasing is a process whereby the leaser and the lessee are bound by a contract which specifies the terms and conditions. The terms of the lease contract specify the lease period, the car; its make and model, the value of the car at the beginning of the lease contract, the expected mileage and the estimated value of the car at the end of the contract. Depending upon these conditions is based the monthly pay-out of the lessee. An additional amount is charged if maintenance, tyres, batteries, servicing etc. are also included. Thus, if the initial value of the vehicle is high, as in the case of new high-end cars, the monthly lease fee is likely to be high. Other charges are add-ons to this basic monthly payment. An initial deposit is also required to be made and if the deposited amount is more the monthly fees are proportionately less.

Cheap car leasingis possible if the car leased is notvery new or not very expensive. You can get a cheap car leasing deal for cars that have been previously leased out for a couple of lease terms and are again being put up for leasing. The terms and conditions for such a cheap car leasing deal are also lax and the lessee gets the use of the car for a protracted term for a very reasonable monthly fee. A cheap car leasing deal is also sometimes available if the car in question comes back to the leasing company much before its actual lease term is over. The leasing company may want to put it back to use fast and may offer a good vehicle leasing deal for it.

Vehicle leasing for vehicles other than cars such as motorcycles, scooters, vans, minibuses, buses etc. are frequently used by businesses when they do not wish to lock capital in buying a vehicle that may be needed for the business. Personal vehicle leasing is also possible and many people buy motorcycles and scooters using vehicle leasing.