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Every year, new manufacturers are launching cars with better fuel efficiency, stylish looks, and superb technology. Though many people choose to purchase the vehicles they drive, leasing is an excellent way to gain access to a new car. Here are a few reasons leasing a car is a good idea in 2019.
1. Leasing Is Often Less Expensive Than Buying
One of the main reasons people lease cars is so they can drive a car they might not be able to afford buying through financing. To be able to lease a car, you need a clean credit record. In some cases, dealerships do not go through credit records. Before visiting a car dealership or car broker in Orange County, make a phone call first and ask all the necessary questions so you can make a sound decision.
2. You Can Drive the Latest and Best Model
If you love driving the latest luxury car, buying a new car every few years will not make financial sense, which is why leasing is the ideal option. Once the leasing contract expires, you can return the vehicle to the dealership in excellent condition and get a brand new vehicle. You will leave the showroom with a car that smells new and has modern amenities.
3. You’re Less Likely to Need to Worry About Maintenance
Once you lease a car in Orange County, most of it is still under warranty. For a new car, the first three years are usually the prime-time of that vehicle, as it’s the period when everything is fully functional. Once the three years are over, the car might start developing issues. However, you will not need to experience such issues if you return the car to the dealership. To lure you, some dealers provide free maintenance to vehicles under a lease since they know the car might not develop significant issues during the lease period. Therefore, you get to save a lot of money that you might have otherwise spent on car maintenance.
4. You Do Not Need to Worry About Depreciation
A car is a depreciating asset. Once you purchase a car and drive it from the dealership, it starts to lose value. If you buy a new car for $40,000, you will have to take less than that amount if you sell it down the line. When you lease, depreciation isn’t an issue since you do not own the vehicle. In this case, you only pay for the miles you cover.
5. You Can Buy the Car After the Lease Expires
After leasing a vehicle for a few years, you already know its history since you have been driving it for a while. To some people, leasing acts like a long-term test drive.
When you’re ready to lease a car, reach out to the trusted auto brokers at Below Invoice. We can help you find the car you’re looking for at the ideal price. Call 949-630-0303 today to learn more.