Car leasing has gained momentum against car buying over the recent years despite the various money-back guarantee offers and other cut-back on prices and other purchasing promos for car buyers.
This fact is brought about by changes in lifestyle and preferences of today’s car owners. With car leasing, the car owners or soon-to-be car owners are given a large to enjoy the latest trend cars, equipped with the most up-to-date sound system and entertainment set-up. For those who don’t intend to own a car for so long a time, for about two to three years, car leasing is a highly desirable option.
So let’s try to delve on the positive this time, given the fact that the car wanna-be owner is resolute about leasing the latest model at a specific price range. It’s also necessary that he has chosen the right dealership, with whom he can strike a good deal.
As mentioned in the previous paragraph, car leasing will allow you to enjoy the most state-of-the-art safety innovation, updated technology, and advanced entertainment system.
Second is that buying would be your prerogative. For as long as you stick to the mileage limit and is cautious about your car’s state in terms of wear and tear then at the end of the lease, you can buy the car outright or just hand in the keys and walk away to get a new one.
Another reason why you should get a car lease instead of purchasing is, you only have to pay for the depreciation of the car for the time it would be under the lease, so the monthly payment is not that high. There is a 30%-60% difference in the monthly payment when you purchase a car or just lease it.
The last plus factor for a car lease is that everything in a car lease from square 1 to closing the deal is negotiable. Everything depends on your research and negotiation skills. If you are well informed of how the dealers are competing in terms of pricing, then you can capitalize on that and be able to strike a deal to your advantage. With your perseverance to shop around for the best car lease deals, you can get the best insurance for your dream car with the maximum probable mileage.
Sources:
http://www.car-leasing-help.com/
http://www.leaseguide.com
Sunday, June 22, 2008
The Good You Get from Car Leasing
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1 comment:
The largest problem with leasing, however, is that unless specified in the lease you have to pay for any damages to the car out of pocket. This is fine for people who can afford it, but many people - especially in the middle and lower classes - are stuck buying cars. Good article though :)
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