Monthly payments on a lease are less expensive than if you were to buy a vehicle. As a result, you can get more car for your money. Plus, you always have the option of buying the car once the lease contract reaches maturity.
Easy to Upgrade
While you may be on a stringent budget when buying a car, lower lease payments can allow you to get a better car. Buying a car may have left you with few options outside of the base model, but choosing to lease could allow you to get a top-of-the-line model for around the same monthly payment.
Upgrading is as easy as turning in your old car and leasing a new one. By doing so, you’ll enjoy the latest entertainment and safety technologies, advances in engineering, and the newest designs that the industry has to offer.
Minimal Down Payment
Many lenders and dealerships require a sizable down payment when you choose to buy a car. That isn’t the case for leasing. While a down payment will help reduce the monthly payment, it often isn’t necessary in order to leave the lot behind the wheel of a newly leased vehicle.