What are the Benefits of Leasing a Car?

Comparing the merits of leasing vs. buying a car? Here are a few reasons why you may want to consider leasing your next ride:

• It typically costs less – One of the biggest reasons why leasing is such an attractive option for drivers near Barrington is that your payments are often much less than they would be if you purchased the vehicle. Leases usually do not require a large down payment, and monthly payments are not quite as expensive.
• You can experience a new car more often – If you like the idea of driving a new car with all the bells and whistles every couple of years, leasing gives you the freedom to do that.
• You don’t have to worry about selling your vehicle – When you decide it’s time for a new vehicle, you won’t have to try and find a buyer. Simply bring your car back to the dealership when the terms of the lease are complete.
• Out-of-Pocket costs are less – Many repairs or maintenance tasks are covered by warranty during the time of your lease, so you don’t have to deal with the costs associated with a defect in the vehicle.

While there are plenty of reasons why leasing is a great idea, there are a few things to keep in mind before you sign on the dotted line.

• You cannot customize your vehicle – Because you return a leased vehicle at the end of the lease term, you cannot make changes to the car as you see fit.
• You don’t own the vehicle – If you continuously lease a vehicle, you will always have a car payment each month.
• There are mileage limits – With a leased vehicle, you must stay within the mileage limitations set out in the lease terms. If you don’t, you will be charged with a fee. You may also have to pay fees for excess wear and tear on the vehicle.

Zeigler Chrysler Dodge Jeep Ram of Schaumburg Simplifies the Finance Process

If you have questions regarding leasing vs. buying a car or how to lease a car, turn to the finance team at Zeigler Chrysler Dodge Jeep Ram of Schaumburg. We would be delighted to help you find the right alternative for your needs and budget. Contact us today for more information.