Buying a car is not only expensive, it’s also mentally taxing. You have to think about how to finance the purchase of the new car in addition to deciding between the thousands of makes and models in the market at any one time. You also have to think about price negotiations which can make the process a lot more difficult. Leasing, on the other hand, seems like the better option for a lot of people. In this article, we are going to look at why this is the case.
It Is Cheaper to Lease
A typical car lease is often cheaper than making monthly payments for a car you would like to buy. This is especially true when you consider financing your car purchase using a loan where you have to think about monthly payments and interest rates. Also, many car leasing companies calculate your monthly payments based on the appreciated value of the car rather than the full value of the car if it were new, which lowers the monthly leasing cost.
When you lease, you also have the option of letting the lease company cover the vehicle’s maintenance. Depending on the leasing company you choose, you will not have to worry about things like oil changes and regular maintenance.
You Get to Drive Different Makes and Models
The ability to choose a different make and model every lease period is a very attractive proposition for a lot of people. Leasing lets you drive different makes and models, and it can be useful if you are comparing different vehicles when thinking about buying a car of your own.
In many cases, you also get to drive the latest makes and models and car leasing companies like Pink Car Leasing have a huge selection of vehicles, both new and pre-owned models, that you can choose from. Pink Car Leasing offers include their Ford Ranger car leasing deals and Mercedes leasing deals for those who want a workhorse and those looking for something stylish and sophisticated respectively. They also have different contract periods and no admin or processing fees for your convenience – that’s ideal when making a choice on leasing.
Other Benefits of Leasing Over Buying
When you lease, you will likely end up driving a nicer car. Drivers often get to drive vehicles that are more expensive and that have more features than the cars they can afford at the time of the lease.
Drivers also do not have to worry about the sales process. The release process in a sale can be complicated and time-consuming, especially for drivers who have never done it before. When you lease, you do not have to think about this. Lastly, you do not have to think about getting or even repaying a loan to pay for the new car.
Although many people would love to own and drive their own cars, leasing is a good option for those who would still love the convenience of having a brand new car without the fuss. Leasing has major advantages over buying but it requires some research, a comparison between dealers, and calculating the long-term cost of leasing the car.
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© by Carly Chaffer 2020