Before you sign on the dotted line and get your first leased car, have you thought about the pros and cons of the situation? I’m not suggesting you start searching for pre-owned Lexus cars that fit your budget, or purchase brand new and saddle yourself with an outrageous payment you can’t afford.
But you should always understand what you’re getting into before you sign a lease for a car, and know what goes into leasing a car before you commit to a 12, 24, or 36-month lease. It’s very tempting to lease a car, instead of purchase a car, because you’re getting “more” for your money upfront. Instead of buying and paying on pre-owned Lexus cars, you’re going to be paying less a month for a brand new one. Something that many people love, especially busy professionals, is the lack of maintenance on leased cars. Oil changes, tire rotations, replacing any parts… generally speaking, you’re not going to be responsible for any of it, because you’re only leasing the car. It isn’t really yours.
There is a lot to consider when looking into leasing a vehicle versus buying one. You need to know what is going to fit into your own life, and finances, before making the jump.
