Benefits of Leasing
If you're looking to lease your vehicle, you may be the type of driver who loves to change models every few years. Leasing makes driving the areas of Owensboro simple, and though the Mazda vehicle is still owned by the dealership, you benefit in a variety of ways.
- Typically lease payments are lower than a car loan payment.
- Many lease agreements cover basic maintenance, and the dealership covers the cost.
- Leasing a vehicle usually entails a smaller down payment and affordable monthly payments. However, your credit score must be up to par.
- Drivers have the option to turn in their leased vehicle for a new model with updated technology once their lease term expires.
- When drivers lease a new car, they save on sales taxes they would have to pay when leasing.
- Some cons about leasing a vehicle, is you must stay within the agreed mileage, and if you go over, you may have to pay extra fees. Also, if there are damages, or wear and tear on your vehicle, you may be required to pay additional fees upon the termination of your lease.