Auto Lease Pros & Cons
— Leasing —
Leasing an automobile is an affordable and often times logical alternative to purchasing a vehicle. Lease facilitations generally provide several attractive advantages over purchasing depending on the needs of the client, their driving lifestyle, trade cycle and of course credit situation. These comprise the pros and cons of leasing a car. The advantages of leasing include, but are not limited to:
- Less expensive monthly payments (see example Toyota lease).
- Little or no down payment required.
- Shorter finance terms.
- Protection from depreciation.
- Limited tax advantages.