Driving down the streets of Miami is rarely more enjoyable than when it’s done in a cool car. A luxury drop top, a high-end SUV, or a sleek luxury sedan is what it’s all about in the city of heat. Miami is all about seeing and being seen by those who love the luxuries life has to offer, and this city is all about the pomp and circumstance. That’s why so many people who come here to live drive luxury cars they lease from their local Miami car dealerships. Everyone wants the nicest cars on the road, but no one wants to pay for them. It’s why leasing is a major game-changer for Miami residents.
Leasing is Affordable
The biggest benefit of a leased vehicle in Miami is the affordability of the vehicle. No one wants to overpay for a vehicle, and it’s easy to do that when you purchase a car. If you have a budget of $40,000 for a purchased car, you might be able to get a small luxury sedan with all the upgrades. If you have a budget of $400 per month to spend on a car, you’ll be able to get the top-of-the-line luxury convertible, SUV, or large sedan you really want.
Leasing is affordable because you’re not buying a car. Buying a car means paying for the entire vehicle. Leasing is not like that. There is never a plan for you to keep this car forever, so you’re only paying for what you drive, which is the equivalent to the amount the car depreciates when it leaves the lot for the first time. Most high-end cars only depreciate a fraction of the cost of the car because their residual value is so good. This means you’re paying next to nothing for a luxury vehicle as a lease, where you’d make a small mortgage payment on it if you wanted to buy it.
Leasing Allows You to Drive a Luxury Car
You could go to the dealer and buy a brand-new minivan for your monthly payment budget, or you could go to your local Miami car dealerships and choose a luxury car for even less. When you lease, you get to drive a much nicer car. The options are endless when the price is lower, and that’s what leasing allows. You get to drive a luxury car, a larger car, or even your dream car for a lot less than you can purchase something practical and affordable.
You also get a new car every few years. Lease deals are typically anywhere from two to three years, but you have the ability to negotiate the terms of your lease before you sign the paperwork. You also get to choose the miles you drive every year by paying a little more for additional miles. It’s all up to you, but you always have a new car to drive.
Leasing is Safer
Who wants to drive an older car with a lot of miles on it? Few people want this. It’s what people mean when they say they purchased someone else’s problem. High miles don’t mean much, but it does mean a car has been working hard for a long time. Parts only work so long before they must be replaced, and high mileage vehicles are in the shop more than low mileage vehicles. They also have no warranty, but a leased vehicle never runs out of warranty. It also never has high miles while you own it.
You’re covered no matter what happens. If the engine breaks down in your lease, you get it fixed without paying a dime thanks your always active and useful warranties. This might not feel safer to you, but it’s safer. You’re more likely to go to the shop and get it fixed knowing you’re not financially responsible for it, which could prevent dangerous breakdowns.
Leasing is Cost-Effective in Other Ways
When you lease a car in Miami, you’re paying a lot less sales tax since you pay only on what you’re financing. You don’t have to pay for regularly scheduled maintenance. Your dealer wants that vehicle in excellent condition, which means the dealer likely offers free oil changes and such to customers with leased vehicles to keep you coming in.
Leasing new vehicles in Miami is more than cost-effective. It’s a smart financial decision. So many people who live here don’t want anything to do with being tied down to something like a car that ages quickly and loses its cool factor in no time. Now you can lease the car of your dreams for a fraction of the price, and you get to do it well within your budget. Who doesn’t love a financial win?