If you’ve ever gone to a luxury auto dealer, you’ve probably been asked if you want to buy or lease a car. Leasing a car is the most practical choice for people who might need a new car in two to three years. But if you need a car that you can drive for several years to come, buying a car is the economical choice.
Luxury cars cost a lot more than ordinary cars, so it’s best to consider the pros and cons of buying and leasing cars. Fortunately, some companies offer affordable lease agreements such as Porsche lease special.
Things to consider
What do you plan to do with your vehicle? If you’re planning on going on weekend trips off the beaten path, you should just buy the car. Damages on a leased car need to be repaired before you return them to the dealership. You’ll be playing for depreciation fees for a car that you don’t even own.
If you see yourself moving in a few years, a car lease is the wiser choice. You can always lease a car for a year and then return it before you move. Plenty of luxury car dealers are offering lease specials like Porsche lease special and Bentley lease specials for persons who need short-term use.
When should you lease a car?
Leasing is the ideal choice if you want a brand-new car without having to worry about maintenance. The car will be with you for only a few years, and it’s unlikely that during that period you’ll encounter major repairs. Leasing is also better if you want to avoid interest rates of car loans — some dealers offer lease specials like Audio and Porsche lease special. If you plan on using your car for a short period, you should lease it. There’s less commitment and you can easily replace your car as needed.
When should you buy your car?
Buying your car gives you the freedom to do anything with it. There are no wear-and-tear penalties, additional fees, and cost per mile. This means you can drive as far as you want, as long as you want. You will also be able to customize the car as you like, whether you want to change its seat covers or upgrade the console. If you plan to drive the same car for more than five years, buying is the wiser choice.
What’s the better option?
Getting a luxury car is no joke. Luxury cars, especially new luxury car models, are expensive, so it pays to consider your options before making a decision.
Leasing is perfect if you just need a car to get around, and if you plan on moving to the big city. Meanwhile, buying is the economical choice if you drive a lot and if you’re certain that you won’t need a new vehicle soon.