Ask a Car Shopping Guru: the Benefits of Leasing a Car?

For some people, car leasing is a better way to have something to drive around. What makes leasing much desirable than buying? Below are some of benefits of car leasing, some of which most people are familiar with.

Always Driving a Brand New

One of the perks of leasing a car is you often get to drive a new car. You have the option to lease a car within a two or three year period and choose among the latest car models anyone would want to have in his garage. Who doesn’t want to drive the coolest car in town and look good while doing it?

Affordable Monthly Payments

Car leasing can be more budget-friendly when it comes to monthly payments because you only pay for the portion of the car that you actually use. Although you have to pay for registration and official tag fees, some lease deals may include an option of making no down payment. You can also save on tax because you will only be taxed on the portion of the vehicle’s value that you use while you are leasing the car. Instead of paying the tax all at once, the tax can be spread out and paid along with monthly lease payments.

Fix Motoring Cost

Wouldn’t it be practical if only you have to pay a fixed amount for your car every month? Leasing deals offered by most dealerships such as an Indianapolis Buick dealer will help you save because you will only pay an amount that will remain the same throughout your lease contract. Unlike getting a loan to buy a car, you will no longer have to worry about interest rates that may increase during the loan term.

Less Maintenance

More people prefer leasing cars such as Indianapolis Buick, because they include fewer maintenance hassles. When you lease, you do so for a term that coincides with the duration of the manufacturer’s warranty. If something went wrong with the car during your lease, the dealerships can usually erestore it in n Most lease deals include free "gap" protection in case your vehicle is totaled in an accident or stolen. This will pay off your vehicle even if insurance doesn't cover the full loss.

No Resale Value and Loan Hassles

Leasing will also relieve you from worrying about the car’s resale value and suffering from lengthy negotiations when selling your vehicle. You just have to return the car to the leasing company say, an Indianapolis Buick dealer when your lease ends. If you are currently having difficulties in obtaining a loan due to credit score issues or limited loan amount offered by most banks, leasing can be a good alternative.

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