What Is Leasing, and What Does it Mean?
You may be considering whether your best option is to buy or lease. At Land Rover Chandler, we want to make the decision as easy as possible. If you’re considering leasing a vehicle for your Phoenix drive, check out our leasing guide to find out what it entails. When you’re ready, reach out to our financing department to find a payment plan that works for you.
What is a Lease?
A lease is an affordable, short-term way of financing. However, it isn’t quite renting either. When you lease, you actually finance the vehicle for the value of the car over a set period of time rather than shouldering the total value.
Are There Benefits to Leasing?
There are many benefits to leasing a vehicle, but perhaps the biggest draw is the prospect of driving a new car every three or so years. Additionally, when you lease, your monthly payments will probably be lower. You will also be happy to find that maintenance costs on a lease are usually under warranty, meaning that there are no additional service charges that you have to pay.
Should I Lease my Vehicle?
This is often the toughest question to ask yourself when car shopping, but it really depends on your needs and preferences. Should you need assistance with calculating possible monthly payments, or have any other questions about leasing, you can always contact our financing department and speak to one of our experts.
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