Friday, May 15, 2009

Do you know the benefits you can gain if you lease a car?

This time I would like to tell you about the leasing benefits. The most exciting benefit which a person gains is that he does not have to make any down payments and whatever amount of payment you need to pay is of a very minimal amount than whatever amount you have to pay during the time of purchase of a vehicle. This is because you are using the car only for a specified period of time. There are some companies which would ask you to make the first payment and some would ask you to pay after you use the car for one month. These payment schemes vary according to the incentives at that time. But, the registration fees and the license fee are mandatory to pay.
If you take a lease then there is no burden to pay huge amount of money every month, you just have to make bi-weekly payments that too of a very less amount. You can also enjoy the benefit of flexible financing since you can customize your payment schedule and the term of lease. You can also upgrade the model with a little more payment.
You can also afford a more expensive vehicle if you are getting it in lease, because you have to pay a portion of the cost of the vehicle. Yes, one thing I would like to say that you need to pay for repairs at the end of the lease so the vehicle can be sold again. If there had been any excessive damage then you have pay for it from your pocket.
Now, I would like to tell you about the kilometers. When you have taken a vehicle in lease then you can drive the vehicle for a certain set amount of kilometers. If you drive more then you should opt for low kilometer car leasing deal or high kilometer lease depending upon your need and accordingly cost will vary.

5 comments:

  1. Hi! I enjoyed reading your high quality content posts. I'll visit your blog again to read your new posts. Your blog is unique in that there is also an audio. Wow! Very nice site indeed.

    Eli Gatanela
    http://businessphereconsulting.com

    ReplyDelete
  2. Hi Rachelle,

    Good one...

    I like the new concept of Voice. Its really quite intresting.

    Keep up the good work.

    God Bless you.

    Regards

    ReplyDelete
  3. Is a drawback that there will never be a period when you are not making car payments?

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  4. hello. this is an eye opener for me. Nice blog. Thanks for visiting my site.

    ReplyDelete