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To Buy or to Lease?

January 17, 2018 - tonyhovsepian

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We know what you’re thinking … ‘should I buy or lease my next car?’ As experts in the auto leasing industry, you know where we stand on this, but we still think it is important to familiarize yourself with both options.

Upon weighing the alternatives, you will immediately notice that leasing a vehicle grants you a lower down payment and lower monthly payments. This is, in part, due to the fact that many car dealers will offer lease specials to help move new vehicles off their lots.

The DMV has a great service that allows you to compare your financing options. Simply input your finance type, credit score and zip code and you’ll be directed to their online finance center which generates a list of offers.

Things may get difficult when you have poor credit, however, F1 Auto Leasing is willing to work with you and your financial situation to get you the best deal possible.

Another benefit of leasing is that you can easily return the vehicle at the end, pay the end-of-lease costs, and walk away. Keep in mind that you are responsible for the extra charges if you exceed what is considered normal wear and tear.

We encourage you to do your research and understand your own situation prior to making the final call. It is typically a matter of personal preference and financial standing that could make you swing one way or another. Contact our team for the best auto leasing deals in California!

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