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Sunday 8 January 2012

The Pros And The Cons Of Vehicle Leases And Similar Types Of Contracts

By Barry Ingot


Every type of decision that one makes in life is going to have its obvious pros and cons; the car dealership decisions are no different and this is why this article will be evaluating some of the pros and also cons behind vehicle leases and similar deals.

The number one disadvantage that most advocators of financing a car will point out is the fact that the leasing party does not get to keep the car when all is said and done. These people argue that it seems like a waste to spend for so many months and then not get to own a car.

A car is just like any other modern device that a human being operates on a regular basis; it takes some time to get used to. Some people that support buying cars might be able to argue that a driver will spend a year or two getting accustomed to a car only to have to give it up. Many of the irregular situations that drivers find themselves in do not occur on an everyday basis and this is why there is an adjustment period.

When it comes to leasing each one of the cons is often beat out by some type of pro that can balance things out. Nobody that buys ever discusses how irritating it might get to be stuck with an aging car that continues to devalue while leasers always have a new ride.

Supporters of financing also fail to mention how people that lease are not making payments based off of the entire value of the car. These people are only making payments based off their percentage of ownership so the monthly payments are lower. The down payments are also typically lower.

There will always be those drivers that enjoy driving a car many miles across country each year or maybe even customizing their rides; these drivers might find that car leasing is not an option that is open to them. Many other drivers might find that leasing is an option for them however.




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