Lease a car

You are not leasing the car from the dealership or leasing agent that you got it from. You are leasing it from a finance company. The car is “sold” to the  finance company by the dealer and then that company leases it to you.

WHY DO LEASES HAVE LOWER MONTHLY PAYMENTS THAN LOANS?

When you take out a loan to purchase a car, you are paying the entire purchase price plus interest over a fixed period of time. When you lease a car, you are paying the difference between the purchase price and the projected residual value, and you only pay interest on that amount.

WHY YOU WANT TO LEASE

1. Lower Monthly Payments
   You are not paying for the whole car — just a portion. Monthly lease payments can be up to 60% less than purchase payments per month.
2. Always in Style
   Evolve with the cars. Instead of driving the same car for 10+ years, you will be driving a new car every 3-5 years. If you look forward to new makes, models, and features, or if you like that new car smell, leasing is your ticket.
3. Are You Down with the Payment?
   Because the total amount that you are paying over the course of your lease is significantly lower than if you were to purchase the vehicle, you aren’t required to fork over as large a down payment (if any) when you sign.
4. Say Goodbye to the Shop
   If you are leasing the car for 3-4 years, the odds of major maintenance issues are unlikely. If something were to occur, you should still be under warranty.
5. Save Money on Taxes
   When you lease a car, you are paying the depreciated amount of the vehicle over the lease period. Therefore, you are only being taxed on that amount. Plus, you are not paying that tax in one lump sum — it’s spread out over the course of your lease payments, similar to your insurance.

BOTTOM LINE:  Leasing a car is actually test driving your car for three years prior to having the option of the purchase.

When you’re done doing your research, get started by finding your desired car and requesting a free, no-obligation Internet price quote that will begin your hassle-free process getting into your new car.

Your new car is out there and we’re here to help you find it!         

https://saksautoleasing.com/