One of the nation’s largest consumer car leasing companies, D&M Auto Leasing operates with a focus on providing clients with a convenient and stress-free leasing experience from its offices in Dallas, Houston, Fort Worth, and Grand Prairie, Texas. D&M Auto Leasing works closely with clients to find a vehicle and leasing option that best suits their particular needs. The following list covers some of the top reasons for leasing a car instead of purchasing one.
1. Reduced upfront costs. Leasing a car usually requires lower down payments than loans for purchasing one. Some dealers may not even ask for a down payment. Monthly payments also tend to be lower than those of traditional loans for vehicle purchases.
2. Newer vehicle models for less. Leasing a vehicle gives you the chance to choose a newer model for less than the cost of its purchase price. Newer vehicle models come with less wear and tear, meaning they are less likely to break down and may require fewer repairs. They may also come with improved safety features.
3. Lower financial responsibility for repairs. Leasing payments often cover the cost for maintenance and repair under the leasing agreement, which saves on out-of-pocket expenses. The manufacturer’s warranty for purchased vehicles usually only covers the first few years of ownership, leaving owners to pay for their own maintenance and repairs after this period.
4. Opportunity for trade-in. At the end of the leasing period, you can choose to switch to a different vehicle or upgrade to a newer model. Some leasing agreements may allow you to make the switch before the end of the agreement if you meet certain conditions.
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