Not all vehicles are created equal, and that goes double when it comes to re-sale value, a key component in determining automotive lease rates. Because of this phenomenon, monthly lease payments for some expensive vehicles can actually be less than those for lower-priced vehicles. But tracking down these “deals” was a hit-and-miss proposition until now. Recently, Automobile Consumer Services (ACS), a leader in online, direct-to-consumer auto leasing, has added a new service to its popular leasing services. Read more . . .
There is no simple correct answer to the lease/buy question, just as there is no simple answer to the question: should I wear a white sweater while eating Spaghetti Bolognese? Making the right decision for yourself is a matter of your personal desires, values, current financial status, and your ability to avoid making a mess of things.
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Auto leasing has been around for decades and once upon a time offered small business owners significant tax advantages. Those days are long gone, but leasing has caught fire in the last few years, spurred by manufacturers who use special lease deals to promote their vehicles. Industry experts estimate that next year leasing will represent as much as 35% of the new-car market. Among the luxury brands it’s often as high as 80%.
Certainly with this kind of acceptance Read more . . .