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HOME
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NEWS & UPDATES ▪
LEASING VS BUYING |
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Leasing vs. Buying Your New
Vehicle |
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Find What's Right For You |
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As an AutoIntel client, you have a wide
range of financing options at your disposal, and your
AutoIntel Consultant is specialized in helping you find
the financing program that best suits your needs. Both
leasing and traditional financing offer their own
significant advantages — choosing which is right for you
depends on your individual lifestyle and driving
preferences. |
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When you
lease a vehicle, you'll enjoy: |
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Lower
payments. Because you're only
purchasing the right to use a vehicle for a period of time,
your financial responsibility and your monthly payments may
be reduced significantly. |
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Hazard-free driving. Because
most leases last for 1-3 years, your vehicle generally
provides warranty protection for as long as you drive it.* |
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True
convenience. When a lease
expires, you simply turn your vehicle in and pay off any
remaining fees (such as for excess mileage), wear and tear,
and taxes. If you'd rather not part with your vehicle at
lease-end, you can also take the opportunity to purchase it
at a predetermined price. In either case, there's no need to
take care of selling it or trading it in – altough through
our Early Lease Termination Program you are likely to even
get cash back at the end. |
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When you
purchase a new or pre-owned vehicle, however, you'll
enjoy: |
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Ownership
equity. Once you've completed
your payment schedule, you can drive your vehicle for as
long as you choose without any further payments. |
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Flexibility. Leasing requires
that you specify in advance the number of miles you will
drive each year. Owning your car means you can drive it as
much as you like, as far as you like. |
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Freedom.
Ownership gives you the ability to maintain and customize
your vehicle however you see fit. |
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In choosing between leasing and financing options,
also consider these simple questions: |
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How long
do I tend to keep my cars?
If you like to trade your cars in every two or three
years, you may want to consider leasing. If you
usually keep your cars for five years or more,
consider financing. |
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How many miles do I
tend to drive each year? If you
drive less than 15,000 miles a year, leasing is an excellent
option. If you drive more than 15,000 miles a year, it may make
more sense to finance if you also intend to keep the car for a
long period of time. |
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How much cash do I
want to put down? Leasing may
significantly reduce your required down payment, leaving you free
to put your cash toward other investments. |
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Whether you ultimately prefer to lease or finance, your AutoIntel
Consultant can tailor a program to fit your specific needs. Call
us at 877-990-1416 to find out more or apply for online
pre-approval by filling out our easy to use
Credit Application. |
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*For
complete warranty details, contact your AutoIntel Consultant or
review the actual limited warranty offered on the vehicle or your
choice. |
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