Lease End Options
Lease-End Options in Greer, SC
Leasing or buying? This is a question every person asks themselves before making a big purchase. While most of us would think that buying is a better option, we must remember that each person has their own options and has to take each of those options into consideration before making a decision. In many cases, leasing is actually a better, easier and more economical option than buying a vehicle.
What is a Lease?
Leasing a car is far different than leasing a property. When you’re leasing a vehicle, you are agreeing to make monthly payments for a specific amount of time and also stay within certain limitations as far as the use of the vehicle. For example, many of these agreements will put a mileage cap on each year, like 12,000 to 15,000 miles. This means that you cannot exceed that mileage usage without having to pay more. There will be other rules that must be followed to ensure minimal use of the car and that it’s well taken care of. With this agreement and option for independence in your ownership of a vehicle, leasing can come with a variety of great benefits.
Benefits of Leasing
Finance is tricky and while most are aware of the basics of each option, they do not understand the details, advantages and disadvantages as well as the timing each option will bring. For example, you are interested in buying a new Ford truck for work. You own your own landscaping business and you need a truck. You are considering buying the vehicle when you start to go over the options available to you, including taking out a lease. In this case, the lease will give you the ability to use the vehicle for the next several years and then return it at the end, as is.
For that landscaper, being able to return the vehicle after several years and get something new, maybe more economical as well, as the fact that their vehicle will go through plenty of wear and tear. They also have the advantage of not having to sell the vehicle once the lease is up and it’s returned to the dealer. One of the biggest reasons this is such an advantage for drivers is because of the advancement in technology. Not only are you not tied to the same vehicle too long, but you can also enjoy the new options that come with each new model.
Your Lease-End Options
When your lease is up, you’ll have three choices to pick from:
Every year, Ford develops a new and unique feature that is the envy of the automotive world. Would you want to miss out on your opportunity to immediately enjoy that new feature and have to wait another year or two? That’s why so many people lease, understanding that it’s an affordable way to enjoy the latest and most innovative technology in the entire industry. That’s what a lease gives you the freedom to do.
For more information or to discuss your lease-end options further, contact us today or stop by D&D Motors at 13655 East Wade Hampton Blvd. Greer, SC 29651. And don't forget to check out our current new car specials to see if you could get an exceptional lease offer on the vehicle you want. Visit the best team in town, proudly serving Greenville, Spartanburg and Upstate.
*According to Edmunds.com. Please visit this link for more information.
May not represent actual vehicle. (Options, colors, trim and body style may vary)