1. Leasing a car offers short-term benefits and flexibility compared to buying.
2. Consumers may choose leasing for lower monthly payments or to access luxury models.
3. Leasing can be a good option for those who want the latest technology and safety features.
4. When interest rates are low, lease payments may be similar to loan payments for purchasing a vehicle.
6. The residual value of a car at the end of the lease plays a significant role in leasing decisions.
7. Leasing provides flexibility as lessees do not have to worry about owning a depreciating asset or costly repairs.
8. At the end of the lease, consumers can simply return the car and walk away if they have adhered to the terms.
9. A downside to leasing is that consumers have nothing to show for it at the end of the lease term.
10. It is important for those considering leasing to familiarize themselves with leasing terminology and how to negotiate a good deal.