There are many advantages to both buying and leasing cars in
New Jersey and, depending on your needs and situation, either one can make
sense. However, in some circumstances, one makes more sense than another. So
when would leasing be the right choice for you? Here are some circumstances in
which leasing is the way to go:
Your Last Car Died Unexpectedly
Maybe you could have saved the money to buy a car, but then
something happened that left you with no time: perhaps someone else totaled
your car or your engine just up and died, and replacing it would cost more than
a down payment on a new car. If you and/or your significant other rely on your
vehicle for transportation to work, you may not have time to save the money for
either the repairs or a down payment. That's when leasing can really come in
handy!
Car
lease deals in NJ sport either low or no down payment – a big advantage for
people caught in one of the awkward situations mentioned above.
You Haven't Been Able to Save for a
Car
Maybe you were trying to save money for a car, but things
just kept popping up to drain your bank account. From the unexpected hospital
visit and your storm-damaged roof to that family wedding that cost you money in
gas, hotels, and presents, there just wasn't any money to spare for a new car.
Getting a lease will enable you to drive a new, hassle-free vehicle despite your
financial difficulties. And by the time the lease is up, maybe you'll have been
able to put aside enough to buy the car of your dreams.
You Might Not Have Money for
Unexpected Repairs
If you're already contending with lots of unexpected
expenses, paying for car repairs won't be something you look forward to.
Leasing is a great way to avoid any such possibility. With a lease, you get a
brand new car at a low price, and you get a warranty that lasts through the
entire term. The warranty will cover most things and your insurance will handle
any major damage, so you'll be covered no matter what happens.
You Want/Need a Nicer Car than You
Could Afford to Buy
Maybe you want a minivan or SUV for your family. These vehicles
are not the cheapest compared to other car types, and some can be downright
expensive. While, if you're on a budget, you obviously won't be getting the
fanciest model, you'll still want one that's spacious and comfortable. A lease
is a great way to achieve this. With a lease, you're paying for a portion of
the car based on the sales price, and minus the depreciation it will
accumulate. Thus, the car payments will usually be much lower with a lease –
and that's to say nothing of the deals and incentives that the dealership will
offer you!
Labels: Car Lease Deals in NJ