Professor Karel Williams on affordable car leasing deals

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Professor Karel Williams appeared on the BBC Radio 4 You and Yours programme to discuss how affordable leasing deals have changed the way we buy cars.

Professor Williams commented that the leasing deals do look appealing at first, however, the problem is that the leasing is happening in an environment where the bank base rate is at 0.5 percent and rates can increase.  The problem with the leasing boom is that a lot of households will not have equity when the rates increase, resulting in more debt.car lot

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Alliance Manchester Business School has a global reputation for innovative and influential teaching and research, which impacts business on a local, national and international level. We call this Original Thinking Applied.

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