Perks of Leasing
There are lots of great benefits to leasing. It gives you a different kind of opportunity to get behind the wheel of a stylish new car
. Plus, you can easily upgrade every few years.
When you decide to lease you’ll sign up for a lease term. These are usually 24 or 36 months. You’ll have the car for those two or three years before returning it to the dealership. Think of it as a long-term rental.
After your lease ends you’ll have a few options on what to do next. If you’ve grown to love the car you’ve been driving, you can buy it. If you want to stick with leasing, you can start a new lease with the latest model of the same vehicle or lease a different one to give yourself a little variety.
There’s also a nice perk for your wallet. During your term you’ll make monthly payments, but since you’ll be giving the car back after only a few years, you won’t be responsible for paying off the full value of the car. This means you likely won’t have to make a down payment.
By providing you with an opportunity to save some money and get a new car every two to three years, leasing has lots to offer.