Buying vs. Leasing

Buying vs. Leasing
Courtesy of Tony Russo

Do you really understand leasing? Maybe you have a general idea, but have always been curious about why people actually lease. 

Tony Russo, Sales Consultant at Hastings Ford Lincoln, explains the pros of leasing and why he chooses to lease.

Customers get scared when they hear the word ‘lease’ when looking to purchase a new vehicle but there are several reasons why leasing may be right for you.
  • Substantially lower monthly payments
  • No upfront sales tax fees 
  • No depreciation concerns 
  • Built-in gap insurance 
  • Always under warranty 
Personally, I choose to lease because when I am in the market for a new vehicle, I don't have to worry about the trade value of my current vehicle.

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