If you've been wondering if you should buy or lease your next INFINITI sedan or SUV, you should know some of the perks that go along with both. Buying is great for people who put a lot of miles on their cars or those looking to hang onto their cars for more than two or three years. But if you like driving around in the latest INFINITI model or if you're looking for a slightly lower monthly payment, then leasing might be the best choice for you. To help our customers decide which option is best for their families and their budgets, we've put together a few of the most common benefits of INFINITI leasing.
A car lease is a type of new-car financing. Unlike buying, you won't own the car at the end of the lease. Instead, you have the option to turn the vehicle in or purchase it for a predetermined price. Many leases are short-term, from two to three years typically, and give drivers the freedom, flexibility, and fun of driving a new car every few years.
Less Money Down
It's always advisable to put some money down when buying a new or used car, however, when it comes to leasing, many people find that they don't have to put down a large amount, if they have to put down anything at all. This means that shoppers might be able to get into that new INFINITI QX80 they've had their eyes on sooner than they expected.
Lower Monthly Payments
Payments made toward buying a car are higher because they're based on the full value of the vehicle. Leasing is different in that you only pay for what you use. That means only a portion of the vehicle's value comes into play. This is why you hear people say that you can get "more car for less money" when leasing. Essentially, a vehicle that was out of your price range can suddenly become easily attainable. In some cases, you may even be able to get a new INFINITI for the same price as you might pay for a late-model-year used car.
Minimal Maintenance Costs
Whether you are buying or leasing, it is imperative that you maintain your car with services like regular oil changes and tire rotations. When you lease, though, you'll find that your average maintenance and repair costs are generally lower because of the new car warranty that should cover a variety of parts and services your vehicle might need.
When leasing a luxury car or SUV, you can enjoy the confidence of having warranty coverage for most if not all the years in your term. INFINITI's bumper-to-bumper coverage lasts 4 years/60,000 miles, while the powertrain warranty lasts 6 years/70,000 miles.
End of Lease Options: Buy-out or Trade-in
This is another big perk that many shoppers love about leasing, especially if you're always clamoring to drive the latest INFINITI model. A typical lease lasts around 36 months, meaning that you can simply turn in your car when your lease term is up and drive home in a brand-new INFINITI. So, if you're looking to drive a car with the latest safety and technology features, we recommend INFINITI leasing all the way.
Contact INFINITI of El Paso to Arrange Your Lease Today
If you’re interested in learning more about our lease options, view our INFINITI incentive offers online. To get answers to your questions or arrange your new lease deal, don’t hesitate to contact us today to discuss your personal financing options. We pride ourselves on offering a hassle-free leasing process and efficient, professional customer service so you can drive off in your dream vehicle in no time at all.