Question about leasing vehicles in the Philippines…
I have a few questions regarding leasing vehicles in the Philippines. The primary reason for wanting to lease vs buy is to drive premium European vehicles or Lexus. Say, I want to change my vehicle every five years. I read yesterday from a blog that leasing in the Philippines is different from leasing in NA .
- Are we responsible for maintenance? (Oil change, transmission fluid changes, power steering etc.
- Is it difficult to find dealerships for leasing?
- When leasing a vehicle, do we pay different Insurance premiums?
- Can we write-off leasing vehicles?
Overall, would you recommend leasing in the Philippines?
I really want to drive a luxury vehicle but I also recognize most European vehicles can be a major headache (I drive one right now, but don’t find this sentiment to be true on my vehicle but the reputation is there for a reason). I just don’t want to buy European vehicles.
Thank you.