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.
(Word count: 432)
P
Terms of Use for this Private Label Article
Possibly Related PLR Articles:
Defining a Real Estate Team
Finding a place to call home is one of the ultimate goals of anyone who is using the term real estate. However, actually moving into finding that home includes much more than packing boxes and moving in. Not only will you have to find a home, but...read more
Consolidate credit card
People who are in debt (credit card debt) often get to hear this advice 'Consolidate credit card debt'. So, what does that 'Consolidate credit card debt' mean? Well, pretty simply, 'Consolidate credit card debt' means consolidating the debt on...read more
Breastfeeding While Pregnant
Being pregnant doesn't mean you have to stop breastfeeding your child. Long ago doctors believed it actually took nutrients away from the baby inside you, however that is not the case. Even today we have people that believe this and they will argue...read more
How to Use eBay to Grow Your Other Businesses.
Most of the people who make money from eBay don't actually make all of that money on eBay. There are all sorts of ways you can use eBay to give your existing businesses a helping hand.
The Supply Side.
If you have any leftover stock or...read more
Diet to lower Triglyceride and Cholesterol
When people undergo a blood test, there are four things that the doctor will review carefully before revealing the results to the patient. These are namely the LDL, HDL, triglyceride level and total cholesterol.
If any of these are way above...read more
Why Everybody is Enjoying that Air Freight Advantage
The popularity of air freight services can be attributed to the many advantages that it can give to the people. Not only are you assured that your package will arrive in the best condition, you are also assured that it will be received not a moment...read more
Must Have Accessories for Your Next Gardening Project
If you enjoy gardening, you are not alone. Each year, millions of Americans grow a garden. If you are interested in becoming one of those individuals, you may need to purchase some supplies. These gardening accessories may not only make gardening...read more
Printed resume - dos and don'ts
As professionals, we rely on the Internet to search for jobs and on e-mail to apply for them. We create our resumes and cover letters to fit the electronic format, so it is not a surprise that having to print out a resume can result in concerns and...read more
Associating Back Pain and Multiple Sclerosis
Multiple Sclerosis is a progressive disease such as demyelinating and affects the motor and sensory neurons. The disease will cause cycles of remission, which causes the condition to worsen. When exacerbation starts etiology is reviewed, which...read more
Exercise and Cellulite
When Mike turned 65, he was 25 pounds overweight. By strict dieting, he shed the extra pounds, but he lost more weight; he also lost his energy and vitality. He was always exhausted, and his friends, seeing his gaunt, drawn face, worried about his...read more