College life can be expensive, from the meal plans, required books that you end up never using, all of your supplies, and even rent, depending on your housing situation. After all those expenses, buying a new or used car can feel like a luxury you can’t afford. But there’s a way you can have all of that and still afford the wheels to enjoy the nightlife, adventures, and weekend getaways with friends in a new city that make your college career more fun and memorable.
Used car leasing is one of the best ways to get a high-quality car that you love with all the features and performance you want no matter where you live in America. Yet so many college students don’t know it’s an option for them. So today, the used car leasing financing pros at Drivrz Financial wanted to outline the top four reasons to lease a used car in college that help make your car ownership dreams come true.
Low Monthly Payments
We talk about the benefits of used car leasing all the time here at Drivrz Financial, and we tend to start with low monthly payments every time. That’s because when it comes to car ownership, the most important thing is being able to afford your car and all your other financial responsibilities. Leasing a used car means that you’re only making payments based on the depreciation that occurs during the amount of time you’re leasing the vehicle.
Low Down Payments
You’re in college and trying to balance working a job to have extra money while maintaining your course load. Chances are you don’t have thousands of dollars to put down to finance or lease a new car. When you lease a used car, you’re able to save money for those books without having to be car poor by only needing a small amount of money down when you finalize your loan.
Lower Insurance Payments
Leasing a used vehicle with a lower amount of depreciation translates to saving money on your car insurance every month. That means there’s more money to invest in your education and stay ahead of your student loan debt.
Drive A Better Car
When you lease a used vehicle that comes with built-in savings on your down payment, insurance rates, and monthly car payments, there’s another added benefit you may not know about. All of that savings means you can finally afford a higher-end luxury vehicle you wouldn’t otherwise if you were leasing new or financing to buy. In addition, driving a better car while you’re in college keeps you safe with state-of-the-art driver and safety assistance features, luxury interior features, and even sports-tuned performance if you want.
These are just four of our favorite reasons to lease a used car in college. If you want to find out more, be sure to check out our past blogs here! For all your used car leasing needs, call the used car leasing specialists at Drivrz Financial at 1-800-436-0476! We’re always here to make your next car-buying experience as easy and stress-free as possible.