Whether you are in the market for your first car or you’re fifth, buying a leased return vehicle is a great option. And if you’re in the market to buy a new car from your dealer, there are many factors that should encourage you to consider buying lease returns in Austin.
This article will share five reasons why buying a leased return might be an intelligent decision for your pocketbook and your conscience.
1. You can save money with a leased return as opposed to buying a new vehicle
There is no doubt that purchasing a new vehicle is the most expensive way to start your car-buying journey. Unfortunately, new vehicle purchases also come with high interest rates, high down payments, high monthly payments, higher maintenance costs, expensive dealer fees, and the infamous “dealer markup.”
2. You won’t have to pay for a warranty
Until your vehicle is paid off, you don’t have to pay for a warranty or maintenance. This is why buying a leased return vehicle is a brilliant idea if you want to save money on repairs and expenses.
3. Your auto insurance will be cheaper
If you’re looking to save money on your auto insurance payments, buying a previously leased vehicle can help you save money.
Insurance companies give discounts to drivers who buy previously leased cars because they are less expensive to insure than a new vehicle. A car right off the lot is by far the costliest thing you’ll ever have to buy insurance for.
4. There’s always a massive selection of leased cars available
Leasing is such a popular option, which means there are always a wide variety of leased cars to choose from. We’re talking about the latest models of cars that were leased recently within the past few years. This means you can find the perfect vehicle for you.
When buying a leased return vehicle, you can look for various features, including hatchbacks, sedans, and SUVs. There are even many options available if you want a convertible or a coupe.
5. Leased vehicles are generally in excellent condition
The shorter length of a lease means that a leased vehicle will be in better condition than a longer-term leased vehicle. This is because the owner isn’t going to put as many miles on it since they won’t own it for long.
The leasing company also regularly inspects leased vehicles, which gives you an added sense of trust. As you’re buying a previously leased vehicle, your purchase is backed by the same warranty that the leasing company goes over with each new vehicle.
Buying a leased return is the best option for many people
Leased vehicles are always available and will save you money on your auto loan. They’re also in excellent condition, making them a smart choice for anyone looking to save money and avoid unnecessary repairs. Leased returns are a step up from your average used car, and you’ll notice that right away when you get behind the wheel.
You’ll find that there are tons of different vehicles to choose from and each one is in excellent condition. If you want to begin your car-buying journey, visit a car dealership near you and see what is available. You’ll be surprised to discover how many leased returns there are and how great of a condition they’re in.