When Does it Make Sense to Lease a Car?
We’ve all heard the benefits of buying a car, but when does it make more sense to lease a car? If you need a short-term commitment with more flexibility than a standard loan, then a car lease might be the right choice for you!
Leasing vs. Buying
See if any of these scenarios sound familiar, and you might be surprised how well a car lease will fit into your budget!
- Business Use: Leasing reduces the risk of depreciation, and you’ll probably spend far less in down payment costs – which leaves more capital for your business.
- Temporary Needs: If you’ve taken a short-term job in a new location or you need a car in an out-of-state college, the flexibility of a car lease is a huge asset.
- Variety: Some drivers love trying out the newest designs and features, so the shorter time commitment of a lease is a great option.
Learn Car Lease Basics
Ready to lease a car? Head over to Sunrise Chevy in Glendale Heights, near Carol Stream and Bloomingdale, to pick out your new ride! Still in the research stage? Check out our guide to leasing vs. buying, brush up on our top car buying tips, or find out if you can finance a car with bad or no credit.