Ten Reasons to Lease Your Next Car

Leasing a vehicle isn’t what it used to be. Many people hesitate to consider a lease when car shopping, but it makes more sense in many cases. Let’s take a look. 

Lower Monthly Payments

Leasing typically has lower monthly payments than buying a car outright. You can drive a nicer, newer car for less money each month.

Smaller Upfront Costs

When you lease a car, you’ll typically have lower upfront costs than buying. This can make it easier to get into a new car without having to come up with a large down payment.

You Get More Car For Your Money

Consider how much money you plan to spend on a new vehicle, then calculate the monthly payments. Then, take that same amount down and check the lease payments. They could be lower, giving you room to move up a trim level, or even a more luxurious model with more options that make commuting more enjoyable.

You Get a New Car Every Few Years

Are you the type who always trades in your car every two years? When you purchase, you take a financial hit from depreciation. When you lease, your payment is usually less per month. If you’re going to be turning in your car, why not pay less per month? 

You’re Only Paying For The Depreciation

Lease payments are usually calculated based on the difference between the sale price and the vehicle’s residual value. 

Maintenance & Repairs Are Included 

You can count on a fixed monthly amount. Most people don’t want to make car payments and then get hit with a bill for service. With a lease, your car is covered by the factory warranty, so you don’t have to worry about budgeting for repairs.

No Worries About Selling or Trade-Ins

At the end of your lease, you just turn your vehicle in and either lease another or work with your dealer to purchase your vehicle outright. There’s no time spent researching the value or how much you’ll get for a trade-in. 

Larger Tax Deductions 

Depending on your local tax laws, leasing a vehicle instead of purchasing it can give you up to six times the amount of tax.

Latest Technology & Safety Features

Do you like all the latest bells and whistles, like heads-up display, connectivity, and in-car phone charging? How about the protection you’ll get from the latest safety features like 360-degree surround camera and driver assist options? If so, leasing is probably a better option than purchasing your next vehicle. 

No Loan Approval 

When you need a car and you have less-than-perfect credit, you may not be able to get a car loan, or that loan may be at an insane interest rate. Leasing companies are usually not as strict as lenders because they can take back the vehicle if you don’t make payments or violate any stated lease terms.

Check Out Our Lease Deals Today

Here at Spitzer GMC St. Marys in Saint Marys, PA, we sell and lease cars to the drivers of Johnsonburg, Kersey and Ridgway, and all around the surrounding area. Our lease program is a low-cost way of driving a new GMC.