Improve Your Car’s Fuel Efficiency
2017 Ford Fusion Casa Grande AZ
Interested in leasing a car new Casa Grande or Wickenburg AZ?
Monthly lease payments are generally lower than if you were to purchase the vehicle. Buyers are generally able to afford a more expensive vehicle when they lease hence the high number of luxury vehicles leases. One advantage of leasing a vehicle is that you get to drive a new vehicle every few years; this may be ideal for consumers who like to change their cars often or want a car with the latest technological features.
Leasing generally requires a small down payment which is generally significantly less than the 20% usually required if you were to purchase. The main disadvantage of a lease is that you’re not building equity and you won’t own the vehicle once the lease ends. You may also be penalized if you exceed the mileage stated in the contract or return to lease before your contract expires.
Prior to leasing a vehicle you may want to research the invoice price which is called the capitalized cost. It’s also important to consider the residual value of the vehicle once the lease ends. Your monthly payment is dependent on the residual value; your payments will be lower if the residual is higher. Some dealers may include gap insurance for added protection. You will also have to purchase auto insurance in order to cover theft and damages incurred from any car accidents.
Contact us if you are interested in leasing or buying a car near Casa Grande AZ.
