Whether or Not to Lease a Vehicle »

Whether or Not to Lease a Vehicle

If you are like many Americans, you may have flirted with the idea to lease your next vehicle. Especially when you see the advertisements on television and radio about the low monthly payments you would have to lease a brand new 2014 vehicle. There are definitely pros and cons to leasing and we have taken the time to summarize them for you below.

Pros of Leasing
The most attractive component of leasing is lower lease payments than purchasing the vehicle outright. That is because you are paying only for the depreciation value of the vehicle, and not the entire price. Also you don’t have to worry about reselling or haggling over trade value at the end of the lease. Lastly, most maintenance and repairs are covered in the lease contract, so that cost will be a lower.

Cons of Leasing
You will never have relief from a car payment, unless you purchase after the end of your lease, which isn’t always a bad idea. Another consideration is the mileage restrictions, which are normally between 12,000 – 15,000 miles per year. Lastly, there will probably be an early termination fee if you decide the lease is not for you.

Whether you decide to lease or buy, you can find the lowest lease or purchase quotes at www.carleasingsecrets.com. Find your next vehicle today!

What Our customers are saying

The lease rate I got by calling the dealer was $67 higher than the rate I got from Car Leasing Secrets. It’s all about the local competition. So happy with my Benz!
Cristoph Wiese
Athens, GA
This is probably the easiest way to get quotes and compare them. I got one from each dealer in my city. One of them was surprisingly low. The quotes are free. No worries there.
Kristen Fletcher
Albany, NY
What a great way to shop around! I wanted a Corolla. There’s only one Toyota dealership in my city but I got a quote for a Honda Civic and decided to go with that one because I got such a good offer.
Mark Dolan
Missoula, MT