If you’ve been searching for a new or used car on the current car market in Florida, you may have found that it’s not easy to choose between the car you want and the payments you can afford. The truth is, it’s not an easy choice to make, especially if you can’t wait until things settle down or the car you’re searching for becomes available. Then when you do find it, you have to figure out if you’re going to lease it, buy it outright, or finance it with a bank for the next four, six, or eight years.
Whatever the case may be, there is another option to getting the car you want at a price you can afford. And frankly, it’s an option that is the most cost-effective car buying choice in 2022—used car leasing. Used car leasing has recently taken the used car market by storm for many reasons.
And it’s those reasons that the used car leasing financing specialists at Drivrz Financial wanted to take a look at today. So here are our top reasons why leasing a car is the most cost-effective choice in 2022.
Lower Payments Than Leasing New or Financing
Sometimes finding your dream car means having to buy it brand-new, but that comes with its own set of issues. Extremely high payments that put the car out of your price range are the most important and most frustrating. And when you finance a vehicle, you can pay even more based on the interest rate you’re approved for. However, there is good news. Leasing a used car means you’re only making payments on the low amount of depreciation that occurs throughout your lease. Remember, the previous owner of that car had to suffer the costs of the high depreciation that occurred the moment they drove it off the lot.
More Choices for Your Money
Whether you’re buying your first car or doing this a few times before, choosing to lease a used car provides you with more opportunities to get a nicer car for less money than you would pay for a not-as-nice vehicle. Essentially, you don’t have to settle for a car that’s close to what you want. In addition, used car leasing truly does open you up to more opportunities with higher-end automakers.
While you have to make your payments on time, as with any lease or loan, choosing to lease a used car means you have more flexibility to be pickier about the vehicle you’re getting. New cars are limited to what the dealership has on the lot and whether or not they’re impacted by the supply chain and microchip problems still affecting the market and pricing. So, you have the flexibility to find the car you’ve always wanted without having to be raked over the coals with the price.
Lower Your Insurance Payments
Thanks to the fact that the depreciation on a used car is less than if you were to buy it brand-new, your insurance premiums are going to drop as well. So not only are you saving on your car payments, but you’re able to save even more money with lower insurance payments for what just may be a nicer car than you had before.
When it comes to picking out your next vehicle, the used car leasing financing professionals at Drivrz Financial want you to have the flexibility to choose the car you’ve always wanted without having to go broke. That’s why we have used car leasing financing options to fit practically every budget. So, if you’re ready to buy a new ride and not overspend doing it, call the used car leasing financing pros at Drivrz Financial today at 1-800-436-0476 or check out our website for leasing financing information and options!