The time has come for a new vehicle and there is much research to conduct. Nissan offers a wide variety of automobiles that are consistently among the best in their respective class. An educated and intelligent customer should research every option and feature that they desire. A consumer must study every aspect of car-buying. Diligent research and side-by-side comparisons show that Nissan automobiles are well-appointed and among the most efficient vehicles on the market. One of the most important decisions that a car-buyer must make is whether they will buy or lease their new vehicle. Buying and leasing are options that each offer advantages and disadvantages. Leasing has become very popular in recent years and often looks to be a better deal in the long run.
In the year 2016 more than a third of new car owners chose to lease a new automobile. There are various reasons that leasing has grown in popularity, let us discuss a few these reasons that car leasing has become popular among new car customers.
The truth is that most new car buyers do not go to dealerships with leasing in mind. Most people assume that they will go the traditional route of buying a car outright. When the overall price is broken into monthly payments many consumers panic at the number that they will have to fit into their budget every month.
Leasing takes away the price shock aspect. Usually there is no obligation to put money down and monthly payments are usually lower. This is because you are paying for the depreciation of the vehicle instead of the rights to own the vehicle. Leasing is a very pleasing option for may cost conscious consumers.
Used Car Financing
Often it is better for a customer to lease a new car than to finance a used car. The reason for this is that most banks will not give long-term loans on cars with a high odometer reading. The terms for a used car loan often make the monthly payment higher than it would cost to lease a new car. Most customers will take a lower monthly payment for a new car than a high monthly payment for a used car. Leasing offers consumers a better car for the price.
Maintenance and Repairs
Car troubles are one of the biggest worries for Americans. Many people struggle to afford costly car repair payments. When you lease a car it is covered by the factory warranty. This provides priceless peace of mind and many buyers think that this is the primary benefit to leasing a car.
When a consumer buys a car they take responsibility for it. When they need a new vehicle they are responsible for selling their vehicle. This model discourages buying a new car every few years and decreases the variety of vehicles they will drive. A lease allows you to trade in the vehicle at the end of the lease term and take on a new vehicle with new options. Consumers value variety and a lease delivers more variety than buying a vehicle.
Tax Write Off
This won’t apply to everyone but it is another advantage to leasing. If you own your own business you may be able to write off part, or all of your lease payment. Of course, you should consult a tax preparation professional to discover if this is an option.
If you are a driver that values variety and reliability your best choice may be to lease a Nissan. Nissan has a variety of vehicles that offer power, comfort, and reliability. Leasing a new Nissan often results in lower monthly payments and less maintenance and repair costs. Leasing also allows a consumer to sample multiple Nissan models in only a few years time. Leasing also frees the buyer from the obligation of paying for expensive repairs. Leases are almost always under warranty coverage and the repairs will be covered. At the end of the lease, if you like the vehicle you can extend the lease, choose to buy, or lease another model.
Leasing usually allows consumers to purchase a better car for a lower monthly price.