What are the Many Benefits of Leasing for Our Clients?
Autoporter is Located in Hopkins, MN and Serves our Clients Throughout the Country
Leasing is a method of paying for the use of a vehicle over a specified period of time. Unlike buying a vehicle, you do not pay for the entire cost of a vehicle you lease. Instead, you pay only for the depreciation of the vehicle during the time you drive it.
Less Down Payment
Most leases require minimal or no down payment. Getting a new car is therefore more affordable and frees up your income for other things. Alternatively, you can make a down payment in order to lower your monthly leasing cost.
Save on Sales Tax
In most U.S. States and in Canada, you are not required to pay sales tax on the total value of a vehicle when you lease. Instead, you are only taxed on the amount of your lease. The tax can be spread out and paid along with your monthly lease payment.
Lower Monthly Payments
Monthly payments for leased vehicles are 30-60 percent lower than for a purchase loan of the same term.
Drive a Better Vehicle
As your payments are lower, you will be able to afford a better car, or the same car with more features than if you purchased the car. Every 6 to 60 months, depending on the term of your lease, you can drive a brand new vehicle.