5 Reasons Leasing a Car May be a Better Option than Purchasing
When it comes to my vehicle I am very particular. As a single mom, I want a car that is dependable and will get me from point A to point B without problems. I also love the look of luxury cars and love having all the latest bells and whistles. My pocketbook literally groans at the thought! However, I have found a way to have my cake and eat it too! Want to know the secret? Leasing! Leasing allows me to drive the car of my dreams and keep my single-mom budget in mind! If you are in the market for a new car and have been wondering how to get what you want for less, take a look at these 5 Reasons Leasing a Car May be a Better Option than Purchasing!
5 Reasons Leasing a Car May be a Better Option than Purchasing
If you are easy on cars and have modest mileage, as in not driving long distances often, leasing may be an option for you. This is especially true if you trade vehicles every few years.
1. Have a Nicer Car for Less Money
If you love new cars and especially luxury cars, leasing may be the route to go. You can find great deals on lease vehicles! With lease payments being lower than a standard car payment, you can afford to lease a higher priced car. This gives you the option of driving a luxury car on a lower budget!
2. Low Down Payment, if any at all
Down payments on lease vehicles are usually lower than when purchasing a car. You may even find deals with no money down! However, if you put money down, it can make your monthly lease payment less. Sometimes there may be an incentive for putting more down such as it gives you a higher mileage allowance. If you are looking to get into a nice new car quickly, and with very few dollars, it makes a lease option look favorable.
3. Lower Monthly Payments
By leasing a vehicle, you can have a lower monthly payment versus if you are purchasing a vehicle. If you have a tight budget, this also makes leasing a favorable option.
4. Repair Cost is Lower
By leasing a new vehicle, you are getting a newer car that is covered under a full warranty during the lease period. If something breaks, it is covered. You may need to allow for normal maintenance like oil changes and such, however, sometimes even those are covered as well.
5. Trading Cars is Easier
If you decide the car isn’t right for you, or you just fancy another new ride, you do not have the burden of selling the one you have or deciding what to do with it – simply lease a different one.
If you are in the market for a new car and have had your eye on that fabulous luxury car of your dreams, visit Yes Lease for nice selection and great deals! Yes Lease is one of the UK’s leading car leasing brokers. They are famous for their incredibly low prices, customer service and non salesy approach. Who says you can’t drive the car of your dreams on a budget?!
I have never leased a car. This article brings up great point, especially with repair costs.