10 Benefits of leasing a new car or truck in Denver

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 advantage of leasing The popularity of Leasing cars, trucks, or SUVs continues to rise among consumers.
What are the main contributing factors?
  • Lower gas prices can put you in a larger vehicle thus decreasing your cost to own. The retail to lease payment for a SUV or truck is in the range of $120 to $170.
  • Every new model is being released with greater technology and the latest interior comforts.
  • Millennial's in the market have increase because of a lower commitment to lease a new car. Millennial's account for 1 in 3 leases, which is a significant share of the leasing market.
10 Benefits of Leasing a New Vehicle

1: Drive the latest model vehicle
Leasing allows you to always have a new Ford in the driveway. You will not only be leasing the latest model  but more importantly the latest in safety technology.

2: Lower monthly payment
You get more car for a lower monthly payment. When leasing a vehicle you only pay for the depreciation on the car, not the entire vehicle; it's like you are renting the vehicle for the length of the lease.

3: Reduce initial cash outlay
You to have more available cash than if you put your money into the full investment of your vehicle.

4: Pay for sales tax over the lease period
You do not pay taxes on the total value of the car, your tax bill will reflect only the leased portion.

Using your car for your job? On your tax return Leasing payments are a business expense.

6: Also lease obligations don't show up as debt on credit reports, which may be important to companies that buy fleet vehicles for business use.

7: Down-payment options
Option of no down payment, or if you make a down-payment you can lower your lease payment.

8: Monthly Lease Specials
Ford offers incentives on leasing. Such leasing incentives are called lease subvention.
  • Subvention is when the manufacturer subsidizes the consumer in order to boost the sales of some vehicles.

9: You never have to trade or sell your vehicle
When your lease term is up, you choose to lease another vehicle, or take the option of buying your "leased" vehicle. No need to have the hassle of selling your vehicle.

10: Warranty Coverage
Most lease terms last three years. Since three years is about the same length as the basic warranty on most cars, you can gather the cost of of ownership. Some leases include the cost of basic maintenance, therefore the only cost to you is gas and insurance.
lease vs buy truck or car in Denver
Ten benefits of lease vs buying a new car or truck
lease vs buy comparison
Ask our lease specialists what options are best for you.

Ask a Leasing Specialist

Tip to spot a good lease:
  • Look for vehicles the hold their value, also known as residual value. This is the amount your leased vehicle will be worth at the end of your lease. The higher the residual value the lower your monthly lease payment will be.
  • For example a $30,000 car, with a three year lease, will be worth half it's value at lease end (15K), compared to a car with a higher residual value, say 65%, your leased car would be worth $19,500.
You can drive a car with all the bells and whistles for less money than a standard car.
 If you live in Lakewood, or coming from the Denver area, Boulder, Thornton, Littleton or Parker, CO we offer you competitive lease rates with 24-60 month lease terms. Contact our Leasing Specialist today!

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