Saturday, January 5, 2008

8 reasons to help you decide to lease or buy your next vehicle.

There are several Pros and Cons related to this topic. Eight of them are shared here. You will need to decide which items are most important for you after reviewing these Pros and Cons.

1. Do you plan on keeping this vehicle you intend to obtain for more than 6 years? yes!

Lease: not recommended Buy: favorable



2. Will there be a significant difference in monthly payments between leasing and buying

this vehicle? yes! (at lease $200.00)

Lease: favorable Buy: not recomended



3. Will this vehicle have a reasonale residual value after 3 to 4 years? yes!

Lease: favorable Buy: not recomended



4. If leasing is the option selected will you provide Gap Insureance? no!

Lease: not recommended Buy: favorable



5. Does the car company require a Cap Lost reduction payment for leasing ( large one time

deposit at the start of the lease) ? yes!

Lease: not recommended Buy: favorable



6. If you opted to lease this vehicle will you need to add optional equipment ( wheels, CD

changer, mats etc. ) yes!

Lease: not recommended Buy: favorable



7. Do you plan to drive this vehicle more than 15000 miles per year? no!

Lease: favorable Buy: not recommended



8. Does this vehicle comes with full bumper/bumper warranty coverage for three years or

less? yes!

Lease: not recommended Buy: favorable



P.S. Remember every thing is negotiable including leasing a vehicle. Learn more!

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