Leasing a vehicle can be advantageous for certain people, depending on their needs, their lifestyle and their personal preferences. For the most part, leasing provides an opportunity for people to drive more expensive vehicles for less money each month and for less money down. Additionally, leasing allows consumers to drive a new vehicle every few years depending on the length of the lease program. Moreover, most leased vehicles are comprehensively covered under a manufacturers warranty during the length of the lease, allowing consumers to own a more expensive vehicle without the worry of large maintenance and repair bills.
Finally, unlike owning a vehicle outright at the end of a standard automotive loan, leasing helps consumers avoid the hassles often associated with selling their used car to an independent third-party or trading in their vehicle to a local dealer. Instead, you simply turn in your vehicle at the end of the lease term and begin a new lease on a new vehicle, if thats the route you choose to take. Its a simple method some consumers find more attractive than the traditional used car sales or trade-in process.