Benefits of Leasing
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. Leasing is not only an
attractive financial proposition to most auto-consumers, but also a
lifestyle and preference choice.
Benefit Number 1: Keeping up with the latest trends
Leasing is sometimes more of a personal and lifestyle choice than a
financial one. Many people are not comfortable with the idea of owning a
vehicle over a long period of time. They'd rather keep up with the latest
trends of the industry and drive the latest models every two to three
years.
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
forego ownership for the latest set of wheels, than leasing is your best
option.
Benefit Number 2: Purchasing Flexibility
Leasing also offers purchasing flexibility: it allows you to defer the
purchasing decision while using the car. You don't have to haggle with your
mechanic over repair expenses, deal with hefty maintenance bills or worry
about a depreciating asset. Provided you can keep the vehicle in good
condition and stay within the contracted mileage allowance, you're
effectively getting a test drive for the length of your lease.
At the end of your lease, you can purchase the vehicle or simply turn in
the keys and walk away. No questions asked.
Benefit Number 3: Cash Flow
Leasing offers many short-term benefits. It reduces your initial cash
outlay as you do not have to pay the large down payment required for car
ownership. 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. If you are self-employed or use your car for your job,
then you can write off your leasing payment as a business expense.
Benefit Number 4: Negotiating Leverage
Although it may seem a little unorthodox in this industry, almost
everything about leasing is negotiable. If you know all the fees involved,
you can lower your monthly payments, negotiate the purchase price of the
vehicle at the end of the lease and contract additional miles on top of
your mileage limit. You can also do some shopping around and compare deals
from different auto-insurers to get the cheapest GAP insurance for your
lease.
Related Tags: businesses, hybrid vehicles
John Ugoshowa. For more information about Auto Leasing see the Auto Leasing section of The Free Ad Forum at: http://www.thefreeadforum.com/infowizards/SUB/Auto-Leasing_103_1.html
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Ringtones for Cell Phones 101
A ringtone is a sound file that is used on acellular or mobile phone. This smart idea was deve - Sony Reader PRS-505 Review - Is it Worth Your Money?
The Sony Reader 505 has become an attractively affordable ebook reader since the Sony Reader P - Prototyping knowledge: about an .STL file and how to save it?
Following are guidelines for exporting from typical CAD modelers:Most CAD systems, File Save a - Logitech Digital Video Security System
Since the dawn of time people have always been afraid of others coming into their cave, it's a - The History of GPS Technology
Normal 0 false false false MicrosoftInternetExplorer4 /* Sty - The Future of VOIP Technology
Normal 0 false false false MicrosoftInternetExplorer4 /* Sty - 10 Things You Need to Know About NY VOIP
Normal 0 false false false MicrosoftInternetExplorer4 /* Sty - Video Cameras
Today, video cameras are extremely affordable, very easy to use and offer high quality video a - Making Data Administration a Part of Your Small Business
At some point it will happen to every company no matter how big orsmall they are. System failu - How to Choose a New York VOIP Service Provider
New Yorkers know a good thing when they see it, and VOIP technology iscurrently taking the Emp
Most viewed articles in this category:
- Bluesnarfing
IntroductionBluetooth a short range wireless communication technology developed for use at home, off - Visibility Eto Erp and Six Sigma Profiled in Quality Digest
According to Stephen Carson, executive vice president for Visibility Corp., "Many project-based manu - Four Trends for Distributors: Facing the Forces of Change
The four definitive trends listed in the National Association of Wholesalers-Distributors' publicati - Gateway Laptop Review
You may consider the M255-E if you are thinking about purchasing a Gateway laptop. At first glance, - Ipod Buying Guide &Tips - Ipod, Nano, Shuffle
Buying Ipod is just like buying a piece of enjoy-ment. The first criteria is to buy something you w - Texas Cement Choose Batchmaster for Process Manufacturing Erp
BatchMaster Software, Inc. (www.batchmaster.com), a leading provider of ERP (enterprise resource pla - Industrial CRM Must be Preceded by Change Management
Entitled Smart Practices That Pay: Leveraging Information to Achieve Industrial Selling Results, thi - Canada's Cosmaceutical Wins With Batchmaster ERP
Cosmaceutical Research Lab, already the largest contract manufacturer for cosmetic products in weste - Science is the Real God
Every religion in the world claims that its particular God is almighty. However, there is nothing in - Still wondering what VoIP is about?
So what is VoIP? Internet telephony is a rapidly-growing phenomenon that shows no sign of slo