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SpinDistribute.com Article Directory

The following article was published in our article directory on February 2, 2012.
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Car Lease Features and Benefits You Must Enjoy

Article Category: Finances

Author Name: chickie maxwell

Car lease programs for cars and other passenger vehicle types come with a wide range of attractive features and key benefits:

Wide residual value options

Your choice on the terms (the loan lengths) that ranges from about two to five years

Tax deduction schemes are made available once the car will be used for various business purposes

Car leasing is considered secured finance that paves the way for lower interest rates

It's true that car leasing remains the better choice from car financing. Many can attest to this through experience. However, this is not really for everyone, especially those who have plans of leaving the country for indefinite periods, or those having cars with needs likely to change over just before the lease terms expire. It also applies to individuals who tend to drive lots of miles every year.

Aside from that, people should benefit from the great features and advantages that car leasing can offer. You can also get hold of deals that define used car leases from reliable services where you can assume existing leases.

Here are more good things to help you make up your mind.

You can now afford to get a better car. You may have been dreaming about this day before a lot, and now you can finally drive on one. How good can that be? With leasing, you now can enjoy having lower monthly payments that should go well with tight budgets. Some luxury cars out there can hold up on their values impressively, offering good enough residuals along the way. This means you'll be paying less in each month.

Aside from this newfound access to much better cars these days, you can also opt to have a new car in every three years. With car leasing, you can already assure yourself of the latest market offerings together with the newest technology. This proves very wonderful indeed compared to the instance of dealing with old cars with impending maintenance headaches.

And with that already mentioned, you should also note that you can always avoid all those costly major repairs with car lease programs. Whenever your car needs repairs you can breathe freely knowing you will be well covered by the warranty.

Another thing that smart people are after is getting tax breaks. This can be a very attractive option especially for business ventures. Your business may be entitled for a tax break, but you can be sure individuals can also enjoy this. In most states, you only get to pay the sales tax on the predetermined monthly payments, and not on the car's price.

Knowing all these good stuff is not enough. You also need to prepare yourself with the drawbacks so you can deal with things much better and with more knowledge and information on what goes on in a car lease. Insurance rates are one thing - these are usually much higher since the lease coverage will surely include gap insurance (this pays off the terms still owned by the lease in case of theft). But whatever the case is, you are now armed will everything you need to know to consider leasing a car.

Keywords: car lease

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