Best Car Leases
The best car leases differ from person to person. The typical vehicle lease is 36 months in length, but for some people a 24 month lease or a 48 month lease may be better. There is also the matter of how many kilometers you will be driving. Those who don’t drive many kilometers, say less than 20,000 per year could go for a low kilometer lease which will make the payments lower and will increase the residual value at the end of the lease. However, if you’re a person who does a lot of driving you may want to go for a high kilometer lease, which will increase your monthly payments and decrease the residual value at the end of the lease, but if you pick the right amount of kilometers to begin with then you won’t have to pay for extra kilometers at the end of the lease, which you would have to do if you didn’t pay for them up front, and it would cost more at the end. If you drive an excessive amount though you may have to go with purchasing rather than leasing a vehicle as there is only a certain amount of kilometers you’re allowed, and if you’re paying for a bunch of extra kilometers at the end of your lease, you might be saving yourself money by just purchasing the vehicle.
The best car leases are for the type of people who enjoy driving a new vehicle and not having to worry too much about maintenance costs. While you are leasing a vehicle it belongs to the leasing company, not to you, so you are required to maintain the regular maintenance such as oil changes, tire rotations and the like, however with a typical 36 month lease you get to return the vehicle before you get into costly repairs such as new tires and brake work and more involved maintenance like replacing the coolant and the spark plugs.
You’re also always going to be covered by warranty during a lease so you won’t have to worry about paying for any major repairs, unless you’re in an accident of course, but that’s likely to be covered by insurance anyway. Another benefit to being under warranty is that you will have 24/7 Roadside Assistance, which is great for peace of mind. It’s like you’re never alone when you’re on the road, help is only a phone call away at all times with the best car leases. The only downside is that you when you return the vehicle you will have to pay for any damages beyond normal wear and tear, but you would have to do this regardless of if it was your own vehicle or a leased vehicle.
Filed under: Best Car Lease Info
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