When Does It Make Sense to Lease a Car?

 

Finance Center

Many dealerships talk about the differences between leasing vs. buying, but which is truly the right choice for you? If you value flexibility, you might want to lease a car rather than shell out the cash for financing. Let's go into some scenarios where a car lease is superior to a traditional loan.

Leasing vs. Buying

A car lease might suit your requirements if you are looking for a short-term commitment, rather than a long-term financing plan.

• Business Use: Many drivers lease a car for business purposes to avoid depreciation and save money on costs like a down payment.
• Temporary Use: Whether going to school out-of-state or taking a short-term job in a new location, a car lease is far easier to manage for temporary use.
• Upgrade Potential: What if you just like changing things up? A car lease is easier to upgrade, since your contract typically lasts for only two years.

Leasing can also make it easier to build up your credit, especially when you choose to lease a used car. 

Get an Affordable Car Lease at Elgin CDJR!

Want to learn more about how to lease a car? Maybe you want to discover if you can buy a car with no money down, or if it's possible to lease a car with bad credit? Find out more about buying and leasing a Jeep Grand Cherokee near Elgin or Schaumburg with help from the experts at Elgin CDJR.