Leasing or Buying What is Better For You
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Leasing vs. Buying Benefits of Both
Despite aggressive low-interest financing, cash-back offers and other purchasing incentives offered by leading auto-makers to buyers, leasing numbers keep increasing steadily over the years. More and More people are finding that not only does leasing offer financial benefits but it offers lifestyle benefits as well.
Our #1 Benefit: The Latest Trends are Always in Reach
One of the main reasons people choose leasing over buying is more of a lifestyle choice and less of a financial one. It boils down to one thing , consumers do not want to keep a vehicle for a long period of time. It comes down to people want to drive the newest model cars and trucks , not a car that is 5 years old.
Leasing a car gives you the convenience of having the latest technology and safety innovation, such as an electronic stability system, DVD entertainment systems and advanced stereo equipment. If you are willing to forgo ownership for the latest set of wheels, than leasing is your best option.
Second on the list: Purchasing Flexibility
Leasing allows you to test out the vehicle for a few years while you decide if you want to buy it. Consumers whom lease , have everything covered from repair bills to maintenance. Its like an extended test drive just keep the car or truck under the allotted mileage and keep it cleaned. At the end of your lease, you can purchase the vehicle or simply turn in the keys and walk away. Its your choice.
Our third benefit is: Cash in your pocket
Short term here is what leasing will do for you. There is no large down payment so you get to keep that money in your pocket and use it for other things. You only pay for the depreciation on the car - only the part you will use during your lease, not the entire vehicle. This results in lower monthly payments and frees even more cash. This cash can be put to use more intelligently elsewhere than the questionable investment of owning a depreciating asset. Another benefit of leasing over buying is the tax write off for businesses and the self employed. |
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Author Resource:-
Miles has made the switch from buying to leasing and reaping the benefits it brings. Take a look at Miles newest projects car alarms systems and also.best car alarms
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By :
Miles Stevenson
Submitted
2010-08-31 20:24:39 |
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