Vehicle leasing is no longer some kind of "new math" or eccentric idea. It has been completely mainstreamed and is a common practice in the U.S., Canada and even Europe (although we're way ahead here in North America). Businesses first popularized the notion of leasing as a way to know, in advance, some of the costs of transportation for their particular activities.
Companies both big and small now routinely lease both cars and trucks, in addition to construction equipment and other special vehicles. In fact, the economic reasons in favor of leasing are voluminous and well known, and there are no more arguments to defeat, especially for corporate accountants. Now even individuals, and not just wealthy ones, recognize the economic advantages of leasing over buying. But it is not just good for your wallet. It can be good for your attitude, as well.
Psychological benefits, too
There are other advantages beyond cost savings, of course, including psychological benefits. Leasing in general, and particularly leasing with a reputable firm with a well-known commitment to customer service, is a good way to reduce frustration, stress and strain in one's life. A study done in the 1990s rated "car troubles" (accidents, engine failures, flat tires, etc.) as among the top five "stressors" for American adults 26-45 years of age, right up there with job insecurity and crying babies.
Even if you take life at a more peaceful pace, and live in a more relaxed region (the country? the mountains? the beach?) where residents are less wedded to the "rat race" lifestyle, it is still very much the case that car troubles are a source of great anxiety for many people. With car leasing, especially the way it is done at the best firms, those stresses and strains of ownership are gone. You are protected from the problems, no matter what kind they are, whether it's a fan belt or a cracked windshield. Not your problem!
Leading with high-tech
You will have complete peace of mind with any of the modern, well-regarded, tech-savvy leasing forms now dotting the North American landscape. All repair and maintenance work, inside and out, will be done with the latest computerized color-matching, Original Equipment Manufacturer (OEM) parts and factory-authorized procedures. In addition, your personal needs will be attended to, from arranging rental car services to coordinating your insurance photos and claims reports. With a leading lease firm by your side, you are never left alone to deal with problems.
When it comes down to choosing a leasing firm, make sure you compare apples to apples and don't just go for the lowest monthly payment. A $375 payment (about average) with a so-so leasing firm is not as good a value as a $400 payment with a top-notch company that will take care of you like family. To know how firms treat their customers, make sure to ask for referrals and check all the consumer complaint sites on the Internet.
Your aim is to find a firm that will work out a fair payment, not dramatically higher than the competition, and then solve all the vehicle problems for you so that you can maintain the stress-free lifestyle of which your car lease is now an integral part. Economically, car leasing makes sense, and has for years. Psychologically, though, it makes even better sense. Leave your stress and worry behind you and take advantage of (excuse the obvious pun) a new lease on life!
