Here’s How Leasing a Used Car Can Lower Your Expenses

Here’s How Leasing a Used Car Can Lower Your Expenses post
August 24, 2022 | Used Leasing

Wondering how you can get a great set of wheels without breaking the bank? Used car leasing is the answer. There are a variety of reasons why used car leasing is the cheapest option when it comes to getting a nearly new car with all the features you need to have a comfortable, enjoyable ride every time you get behind the wheel. Here are some of the specific ways leasing a used car lowers your vehicle expenses:

  • Lower Upfront Costs: Buying a new vehicle is expensive, and the moment you drive it off the lot, you’re paying the price in terms of depreciation. Also, you’re paying the price in terms of financing your vehicle. Whether you’re buying new or used, the typical vehicle financing company adds an extra 10% to the total to cover their services. When you work with the used car leasing financing experts at Drivrz Financial, you only have to make one monthly payment to secure financing. It often amounts to a few hundred dollars or less, and you’re able to drive off in your dream car.
  • Lower Monthly Payments: When you lease used, your monthly payments cover the cost of depreciation on the vehicle. Since drivers typically secure used car leases on vehicles that are only a couple of years old, a significant portion of depreciation has already occurred. That means your monthly payments will be much lower than if you leased new or if you bought a new or used vehicle.
  • Lower Repair Bills: When you lease used, you’re typically getting a Certified Pre-Owned vehicle that’s been well taken care of by its previous owner. The likelihood of repairs is much less than if you choose to buy a used vehicle that’s more than a couple of years old. Also, you can negotiate repair coverage in your lease agreement terms, so you’ll never have to worry about paying for unexpected repairs.
  • Lower Insurance Premiums: Since your monthly lease payments go toward the depreciation of your car as you use it, you’ll also save money when it comes to insurance premiums. This further reduces your monthly expenses on your new-to-you vehicle.

Used Car Leasing Made Easy

How do you find a car to lease used? The first thing you should do is reach out to the used car leasing financing experts at Drivrz Financial. We’ll connect you to a participating dealer near you, and you can choose the right car for your situation. After you negotiate and secure financing, you can check the contract. If everything matches your expectations, sign and drive away with your dream car!

Used Car Leasing Saves You Money

From reducing your upfront costs to lowering your insurance premiums, used car leasing provides several significant cost-saving advantages. Ready to find the new-to-you ride you’ve always dreamed of? Talk to the used car leasing financing professionals at Drivrz Financial, and we’ll connect you to a participating dealer near you. Call us today at (800) 436-0476!

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