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The normal term for a car lease contract is three years. But there are some who would prefer to be able to choose a shorter term and be able to change their car every year instead. So what if you are one of those people who would prefer to be able to lease a car every year instead of every three? Are there any car lease deals out there which are for shorter periods?

You will be surprised to know that there are some car leasing companies that cater for those of us who like to drive a new car each and every year. The ability to drive a groundbreaking new car every single year is a very attractive option for some people. Being able to lease a car for a one year period is a fantastic way to achieve this. Leasing a new car every year is much less hassle than buying one and will not cost as much either. One of the main benefits of car leasing is the ability to change the car every couple of years and if you could do this every year it would be even better.

The main type of car leasing company that will offer this type of lease is an online company. The reason that online companies can afford to offer so many different leasing deals is because they are available to a much wider range of customers. They do not have the same limitations that a regular car leasing company might have.

There is one main disadvantage to small term car leasing deals and that is the cost. There will usually be much higher interest rates associated with these types of leases. A groundbreaking new car loses much of its value in the first year so the car leasing company will have to try to recoup that money. But many people are prepared to pay the extra cost in order to be able to drive a new car around every single year.