Is your current vehicle paid off, do you plan to pay it off, have you ever paid a vehicle off? If you answered no to these questions, you may be able to save a lot of money or drive a very upscale vehicle, if not both, by leasing.
Sure, leasing a vehicle is oftentimes made to sound very difficult, and many consumers consider leasing a complete rip off, but, in reality, leasing may be very advantageous for some car buyers and is simply another way to finance a vehicle.
The only fundamental difference between buying and leasing is that when you buy a car, you finance the entire price, but when you lease, you finance a part of the vehicles price for a specific time period (usually 36 months).
Things that prevent many people from considering a lease are objections like, but after lease is over, you have nothing and Ill get penalized for extra miles or damage to the car. Unfortunately, most people owe more than their vehicle is worth, which is worse than nothing, and regardless of how you finance a vehicle, excessive miles and wear will be penalized through lease penalties or trade allowance.
Unlike buying, leasing vehicles can actually give you more...
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