Benefits of Leasing
- No Down Payment Financing - Leasing eliminates the down payment required when purchasing a vehicle. With 100% financing available, leasing allows valuable cash to be used for other purposes. If you want, you can make a down-payment to lower your monthly payments.
- Lower Monthly Payments - With leasing you pay for the portion of the vehicle that you actually choose, not the entire vehicle. Since leasing is a lower cost means of financing you payment will typically be 25% to 50% lower than a loan payment, saving you hundreds of dollars each month.
- Get More Vehicle For The Same Money - A significant benefit of leasing is the option of driving a bigger, more expensive vehicle for the same payment when compared to buying. The choice is yours: The identical vehicle for a smaller payment, or a more expensive vehicle for the same payment.
- Flexibility: payments tailored to individual needs - Leasing provides many options in creating a monthly payment best suited to your needs. Because of this flexibility, leasing a vehicle is easier than owning one.
- Fewer Maintenance Problems - Leasing means that your car is under manufacturer's warranty for the majority of the lease term. You will have fewer maintenance issues and most will be covered.
- Leasing is Better for Your Credit - For individuals, leasing has less of an impact on your credit than a loan. For businesses, leasing is considered off balance sheet, and doesn't count against many loan covenants.
- No Used Car Hassles - Leasing eliminates trade-in hassles. At the end of the lease, just turn in the car and keys to the leasing company. Plus, you have the option of purchasing it if you want.
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