Three Myths About Leasing a Car

When you visit our showroom at Shults Ford Wexford, you’ll ultimately decide whether you want to lease a vehicle or buy one. Each option comes with a handful of benefits, but there are some common misconceptions about leasing.

Leasing is more expensive

When you lease a vehicle, you actually save money in several ways. Your monthly payments are much lower than when you purchase the same vehicle, since you’re basically paying for the depreciation of the car’s value. You also won’t have to worry about interest or reselling your vehicle.

I have to give the car back when I move

Life happens, and things don’t always go the way you plan. If you have to move — even out of state — that doesn’t mean you have to give up your leased vehicle. Simply notify our dealership about your move so we can adjust our records and the tax rates. However, if you decide to move out of the country, you will have to return the vehicle to the dealership.

Leasing locks you in for the whole contract

The ideal way to lease a vehicle is to lease it for the entire length of the contract. However, as we said before, things don’t always go the way you plan, so it is possible to break your lease. Keep in mind, though, there are still fees involved when breaking your lease.

Sit down with our finance team at Shults Ford Wexford to learn more about our leasing process, and visit our showroom to find the right vehicle for you.

leasing a car

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