Auto Leasing Advantages
Advantages to Auto Leasing
Auto leasing is more popular than ever - leasing has grown ten times since
the mid-eighties. In fact, 28-35% of the 15 million-plus cars sold in the United
States are leased. Why is car leasing so popular? What are the advantages
of auto leasing?
Pay for What You Use
Auto leasing is a simple idea.
You only pay for what you actually use. When
you lease a car, you only pay for the amount of the car's value that you are
actually going to use, plus the interest. Why pay for the whole car when you
only plan to use it for a few years?
Leasing a Car is More Affordable
The second advantage of leasing a
car is affordability. You could be driving a new car right now
for little or no down payment. Your typical monthly payments on a 36 month lease
with Advantage AutoLease are comparable to a 60 month conventional term finance
agreement. Wouldn't you rather pay less money down and less money every month?
Tax Benefits of Leasing
The third advantage is economic sensibility. Financial advisors and experts
agree that you should purchase items that appreciate in value, and rent or lease
items that depreciate in value. The majority of cars begin to depreciate in
value as soon as you leave the dealership, and continue to do so. Also, there
are many tax deductions that favor leasing. The average cost of driving a new
car is rising faster than the average income. It makes economic sense to
consider leasing your new car.
Ending your auto lease
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