Leasing: the Real Deal

Leasing has developed an unfortunate reputation for being a bad deal, and we at Gentilini Motors think that's a shame. After all, it just means that people are talking themselves out of what might be the ideal option for their needs. There are tons of advantages to leasing, and we're here to point some of them out so that you can make an educated decision about your next car. Here are some of the best things about leasing a vehicle:

Low Monthly Payment = More Disposable Income

This is the first and best advantage of leasing. Because you are only paying for the value of the car that you are using up, the payments will be lower than if you were covering the full vehicle. Essentially, we take the price of the car and calculate the amount of depreciation over the time that you are leasing. That amount is then split into monthly payments based on the length of your lease, with taxes and other initial costs added, of course. What this means for you is a significantly cheaper car, and more money to use on other things in your life: that could mean a nicer, longer vacation, helping your child start college, more movie nights, renovations on your bathroom – anything!

No Down Payment

For the most part, getting a lease means that you won't be required to shell out for a down payment, which can leave a couple thousand dollars more in your wallet. You simply pay for the first month – as well as some initial taxes and fees – and go! There are, however, certain really sweet lease deals that may actually require a down payment, so it pays to save some money ahead of time if you are still considering what to do. If you don't end up needing it, that's a nice little bit of savings that you can use for something else.

Lower Taxes

In most states (including Jersey), you are only required to pay taxes on your monthly payment, effectively taxing you only for the portion of the car that you are using. Really, you pay less for just about every part of a lease, which really matters to people who are looking for a new, quality car, but might not be able to afford to buy the model they want.

New Everything

One of the other cool things about leasing is that it offers you the newest, best advances in the industry – in all sectors. For instance, maybe you have always had trouble with parallel parking and you live in a city where it's an absolute necessity. Now you can get a vehicle with a backup camera and sensors to help you out, without paying as much (keep in mind that which features come standard varies a bit by vehicle). In other words, you'll get the very latest technology and safety features, all in a much more affordable vehicle for you!

Few Repairs

The big advantage of buying a new car is getting a vehicle that won't have issues for a good number of years; with a lease, you can have that without the new car price tag. For the most part, the only things that you'll have to handle are regular maintenance such as oil changes and perhaps a tire rotation. The worst problem you're likely to encounter is a flat tire, which is a breeze to fix.

No Trade-in Hassle

When it comes time to turn in your car, you can pretty much hand a lease over and leave. If you own a car, there's a pretty in-depth research process involved. You'll have to ask yourself:

• Do you want to trade the vehicle in?
• If so, how much is it worth?
• Where will you get the best value for it?
• What kind of tax write-off would I get for donating it?

With a lease, none of these questions apply and you can focus on getting your next vehicle, whatever it may be.

Lots of Options after the Lease

Once your lease is up, you have several options: maybe you can now afford a new car; maybe you love your old car and want to convert the lease to a purchase; maybe you just want to keep leasing because you like the really low monthly payments (an increasingly popular option). No matter what you choose, at Gentilini Motors in NJ, we can offer you the best car lease and purchase deals in the business!

Tips to Consider when Buying or Leasing your First Car

If you have recently obtained your driver's license, you are probably already feeling the excitement that comes with the idea of freedom. Driving, after all, is a privilege that not everyone gets to experience. You need to give yourself a pat on the back; getting a license is a task on its own, which not every person on earth can manage. When you first get that driver's license in your hand, you are most likely ready to take the road by storm. However, you can't hit the road without a car, which is rather crucial to the driving process. That is why in every driver's lifetime, he or she needs to buy a car for themselves, but this route should be approached with a certain amount of caution. Here are some simple tips for people starting out:

Find out about car insurance

When it comes to owning a car, many factors need to be taken into consideration – and, while buying your first car can be a bit of a time-consuming task, doing your research is worth it. One of the first things you will want to find out about is car insurance. How much will it cost you a month? Are there other car insurance rates to look into? Which one has the best plan for your individual needs? These are all things that you will want to consider before pursuing your first car.

Make sure that you can afford the car in the first place

Of course, choosing the make and the model of your car is very important, as well. You'll want to be satisfied with the car that you choose, which is where doing research is critical. Your car should match your needs, while still being a reasonable price for your budget. Car lease deals in NJ can be one way to get a good rate, if you find the idea of leasing a vehicle appealing and appropriate for your finances. Make sure that the car you choose is affordable for you – the last thing that you will want to do is own or lease a car that you can't afford.

Decide whether you want used or new

Another question you should ask yourself is whether or not you should buy a new or used car. If you opt for a used car, make sure to get a car history (CARFAX is a great resource) to ensure that it will not break down on you in the middle of the road.

These are only a few things to consider when buying or leasing your very first car. Once you have it, you can use it to explore new places, travel, and get to work.