Should you lease your next vehicle? It’s the question so many consumers ask as they begin researching which vehicle is right for their specific needs. There are so many vehicles to choose from, which is narrowed down by budget. There are so many sizes to choose from, which is narrowed down by family size and the purpose of the vehicle. There are so many features to choose from, which are all narrowed down by what you like, what you want, and what you really need from your car. Now there is another method of purchase to choose from, and it’s not like it was in the past.
Many people believe leasing is something that won’t work for them. They think it’s a situation only taken advantage of by big companies who need cars for their employees, or by celebrities who just want a brand-new luxury vehicle with six-figure price tags every year or two. The truth is leasing is nothing like this. It’s available for everyone no matter what you want to drive or what kind of budget you have. Leasing is no longer a taboo subject consumers don’t bring up, and it’s right for almost everyone. The only people who don’t benefit from a lease are those who drive more than 15,000 miles per year and can’t afford or don’t want to pay mileage overage fees. If you keep your miles low, this is the answer to your car buying problems.
You Get to Drive What You Want to Drive
It doesn’t matter if you want to drive an extra-large Chevy truck or a small foreign luxury car with a price tag almost as much as your first home. When you lease your next car, you get to choose from most anything, because the monthly payment is more likely to fit into your budget. When you walk into a dealership and want to purchase a car for under $500 per month, you are severely limited unless you have a large down payment and a very low interest rate to work with. It requires buying something under $30,000 in most cases.
If you lease, you can go into a dealership and walk out with a $75,000 vehicle to drive for the next two or three years and still have a payment at or below $500 per month. It’s more affordable, and it provides you with the opportunity to drive what you really want but never thought was within your budget.
It’s More Fun
Leasing is fun because you never get stuck with the same vehicle for a long time. To be honest, most people love their vehicle at first but grow tired of it after a few years. It’s no longer as exciting because all the new model year cars have newer features and cooler options. When you lease a car, you get to get rid of it every two or three years. You can even modify your lease information so you can have it a little longer than that or you can keep it for less time. The point is you always get to drive a new car, and that means you get to have more fun.
It’s Less Expensive
It’s already been discussed how affordable it is to drive a car like this, but it’s even more affordable than you imagine. Now you have a car with a warranty, and you will always have a car with a warranty. You won’t drive it far enough or long enough for that to expire, which means you never again have to worry you’ll be responsible for paying thousands of dollars in repair fees, maintenance fees, or anything else. You get to drive this car without the fear it might break down, the parts might age, or you might be responsible for putting so much money into fixing this car.
Leasing is not the same game it was a decade ago or even longer. It’s changed, and it’s user-friendly for virtually every driver on the road who keeps low mileage and loves to drive a new car. Don’t discount this aspect of buying until you speak to a dealer and find out what you can drive home that day.