Covid Car Market—Why You Should Lease a Used Car In 2022

Covid Car Market—Why You Should Lease a Used Car In 2022 post
January 19, 2022 | Used Leasing

Even months after the pandemic sent the used car market skyrocketing in price, its effects can still be felt. And if you’re currently searching for your next car in Texas, you’ve probably seen how hard it is to find the vehicle you want with all the features that are the right fit for your needs. Not to mention the whole supply chain issue with the microchips making it harder to keep up with the production lines for new vehicles. 

But that doesn’t mean you can’t get the car you’ve always wanted in 2022, and you can even do it without having to massively overpay for too! Used car leasing is becoming quite the hot topic these days thanks to the upside-down Covid car market, and it’s a choice that provides you with more flexibility and savings than you may have thought. 

Your friends at Drivrz Financial are experts in used car leasing financing, so we know a thing or two about why leasing a used car in 2022 is the best way to get the most for your dollar. So today, we wanted to look at a few reasons you should lease a used car in 2022 instead of playing Russian roulette on the new and used car market with your wallet.

Lower Monthly Payments

Let’s face it, the last thing you want right now is overpaying every month for a new or used car you love. With the state of the Covid car market being so seller-friendly, leasing a used car that’s the exact model you want is a great option to save money. Because when you lease a used car, you’re paying for the depreciation that occurs during your lease term, the monthly payments are naturally lower. You can thank the first lease or owner who covered the significant depreciation that occurs with a new vehicle. 

Lower Insurance Payments

For the same reason that your monthly payments are lower, so are your insurance premiums on a used car lease. As a result, insurance companies can be more friendly to your wallet without covering such a high gap on a used car lease than they would with a new one. 

Get The Car You Want

Right now, with the Covid car market being what it is, chances are the car, truck, or SUV you want is overpriced or even unavailable new off the lot. But that doesn’t mean you can’t find the exact model a couple of years older that has all the luxury features, options, and trims you’re searching for. With a used car lease, you can afford to pay for a higher-end make and model vehicle than you could afford if you were financing. This means you can get the car you want and more of it for your dollar. 

Whatever stage of your car buying search you’re in, it’s essential to understand precisely why leasing used might be your best option in Texas. When you do find the car you fall in love with, be sure to call the used car leasing financing specialists at Drivrz Financial at 1-800-436-0476. We strive to make your used car leasing experience as seamless and stress-free as possible. Call us today to find out how!

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