Car leasing has exploded in the US in recent years, and the trend could be coming to the UK. The benefits of car leasing as a way of having a car are becoming better known, and ‘contract hire’ could soar in the new future.

Currently standing at around 1 per cent of car transactions, the trend of car leasing in America has seen a climb to almost 25 per cent. The potential for UK growth is enormous, and car leasing specialists are looking to the UK market. Experts in this field have reported a surge in interest in leasing deals, particularly for prestige cars such as Porsche, Range Rover, Jaguar and Aston Martin .

The founder of my-CarLeasing.com, Mark Attwood, reportedly commented: I started this car leasing website after I found myself being more and more confused by the deals on cars in the market. I was really attracted to the flexibility of car leasing vs car buying and the fact that the monthly payments were far lower on a contract hire than on my usual route of car finance .

He continued: I had to find the answers to so many questions that, as a professional online marketer, I decided to set up a site that could help people find the best deal quickly by getting car leasing companies to compete for their business. I also decided to launch a car leasing blog to help answer questions about car leasing, PCP and PCH (Personal Contract Purchase and Personal Contract Hire), Hire Purchase, Lease Purchase, Finance Leases and so on. As more people visit us, the blog is becoming a really useful resource for anyone lost in the car leasing maze especially when looking for deals on new cars like the Nissan Quashqai.