Tag Archives: Finance

3 Hidden Benefits of Leasing a Vehicle

2020 Lexus RX | Mishawaka, IN

As you shop for your next vehicle here in Mishawaka, be sure to consider the surprising benefits of leasing. These are just a few of the unexpected ways that a lease can work in your favor.

Dodge depreciation

Normally, when you buy a new vehicle, depreciation lowers its value significantly as soon as you drive it off the lot. But when you lease a new vehicle instead, you won’t have to worry about this. You’ll simply give your vehicle back at the end of your lease term instead of having to trade or sell it for much less than you originally paid.

Spend less on monthly payments

If you’re aiming to spend less on monthly car payments, a lease is the way to go. Instead of committing to own a car for several years, you essentially just rent the car for a few years. Your payments will be lower because they’re based on how much worth the vehicle will lose in that time instead of on its total value.

Drive your dream vehicle

Does your dream vehicle cost more than your budget can handle? With its lower monthly payments, a lease could be the solution for you. It’s a great way to get behind the wheel of your ideal ride.

Our finance department is here to help you learn more about leasing a vehicle from Jordan Lexus of Mishawaka. We’ll do our very best to get you the car that you want and the financing terms that are right for your needs.