Car Lease Options Arkadelphia AR
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Siloam Springs, AR
Pick up and Deliver in Siloam Springs
Little, Rock, AR
Car Lease Options
Leasing offers options that allow you to customize how you finance your car. In fact, leasing provides more options than buying with a loan. Let's see how.
Vehicle Make/Model Option
When buying or leasing an automobile you obviously have a choice of many different makes, models, and trim levels. Unlike financing with a loan, the choice you make can make a big difference when you lease a car.
Different vehicle makes and models have different predicted future resale values. In leasing, it's called lease-end . For example, a BMW generally has a better (higher) future residual than a Chevrolet. A Honda has a higher residual than a Hyundai. Choosing a vehicle with a high residual value lowers your monthly payment as compared to a similar vehicle of the same price with a lower residual. This is therefore an important car leasing option.
Down Payment Option
Most car leases offer the option of making a , or not. This can be an important option if your finances are tight and you don't have much money for a new car. If you do choose to make a down payment, you have the choice of making it any amount you want, up to actually making a large enough payment to and avoid monthly payments.
By comparison, when you buy a car with a loan, you nearly always are required to make a down payment, often as much as 20%-30%.
Be aware that some special car lease deals advertised and supported by car manufacturers as short-term promotions may require a down ...