Car Leasing Vs Car Buying
Monday, January 25, 2010
One of the major benefits that come with auto leasing is obviously the price. Sure you could buy a brand new car for $50,000, buy it outright or put down a down payment and make payments every single month. Sure, it could very well take you years upon years to pay this puppy off. I don't know about you, but I would rather not take years to pay off my car and my house. Instead, you could do cheap car leasing.
Car leasing is going to allow you to pay only a portion of the cost of the car, this is the part you are going to be using up when you are driving it. You also have the big option of not making a down payment and only pay the sales tax on your car - which is the monthly payment.
When the lease is up for that car you can either return the car or you can purchase it for a resale value. A lot of people assume that because you are leasing a car, it's going to be a less than reasonable quality car. This isn't in the case! In fact, almost any car you see out on the road today can be leased using auto leasing options! This means a shiny brand new car for you, without spending a ton of money right away.
2 comments:
Thanks for sharing these tips on car leasing. It's really important that I get updates once in a while because I am also moving a lot and I need to lease cars every once in a while. Thanks for the heads up. nice blog!
car leasing.co.uk
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