Why leasing?

As recently as ten years ago, most automobile consumers had never heard of leasing, much less done it. Now, approximately 20%-25% of all new cars, trucks, SUVs, and vans are leased. Approximately 75% of luxury cars are leased.

After a temporary slowdown during the last few years because of aggressive zero-percent loan programs, leasing is once again growing in popularity. Just look at the volume of lease ads in your local newspaper and on TV to get a notion of how popular automobile leasing has become, especially during times of economic troubles when consumers are looking for more affordable ways to meet their transportation needs.

Leasing provides an alternative method of financing an automobile that offers several benefits that are attractive and beneficial to many automotive consumers. In particular, leasing offers significantly lower monthly payments than a loan.