A functional vehicle is an essential for most consumers. Having access to a car makes it easier to travel to and from work, social engagements, and other activities. You have the option of either buying or leasing a vehicle when you are ready to invest in a new car. Buying can be the better choice, and here are some compelling reasons why. 1. Mileage Conditions If you read the fine print on most lease agreements you will see that there are mileage restrictions that apply for the duration of your lease period.
- When you lease a vehicle, you should go into the process like you would go into the process of purchasing a car. You should be trying to get the best deal possible for your lease. Financially, your lease will count on your credit score like a normal loan, and it will impact your monthly budget. Treat leasing a car like the financial transaction that it is and be ready to negotiate in order to get the best possible terms and deal.