How Leasing Works in Lehighton, PA
What is a lease? A lease is a legal document that outlines the payment terms agreed upon between two parties. One of the main ways a lease agreement is different from a purchase agreement is that you only make monthly payments on the portion of the vehicle’s value you intend to use. In a way, it’s a little like renting a house rather than buying it. The portion of the vehicle’s value and leasing in general can be more thoroughly explained to you at Lehighton Kia in person or over the phone. A lot of people come in to talk to us about leasing.
There are a lot of benefits to leasing, there are two that people like to site most often. The first is that leasing allows them to try out new vehicles every few months. They can just trade in their current vehicle at the end of the lease and try out something new with the next lease. The other thing we hear is that folks love the no or the low down payment. In this respect, leasing is very different from car buying and it is worth looking into. If you have decided to lease, we have a couple of pointers to help you prepare. You can go to the finance section of our site and look at all the factors that will effect financing. In other words, will you be trading in a car? What is its estimated value? Are you likely to save fuel with a new car? What will your monthly payments be? All of these factor into the finance equation and we have tools for all of these on the site to help you figure them out.
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