Why Lease?

Have you ever thought of leasing a new car? I'm sure you've seen all the tv ads from Shaq and Peyton about leasing that awesome new Buick. Well, I don't know about that, but if that's floats your boat that's cool. Leasing can be a great options if you're looking more features without the higher payment. Do you like to trade cars every few years? Do you not drive too many miles a year (10-12,000)? Leasing might be a great option for you and can save you some money. 

The new lease is the 24 month lease! If you can put your first payment and license down, generally you can escape with a nice low payment. Right now the Hyundai Elantra 24 month lease with $2,499 down (trade or cash) makes your payment $106 with tax in Ky! Hell of a deal on a $19,000 car! You can save some money! 

Another good reason to lease is it can help dig you out of a negative situation in your automobile. A friend of mine had about $8,000 in negative equity in their Maxima from trading. Leased them a brand new G37X with $0 down and only raised their payment by $20 bucks. After 39 payments they can start fresh (less than the loan they owed on) and get what they want and probably lower their payment. 

Peace!