If you have been considering and online vehicle lease instead of a vehicle purchase, you are making a good decision. According to Eminent Vehicle Leasing, a car, truck, or SUV lease is a great way to keep your payments low and drive a great car for less.

Although not everyone’s situation is the same, there are some pros and cons that you should be aware of when it comes to an online vehicle lease.

Leasing Pros:

• Lower monthly payments
• No or low down payment
• Better car for less
• Low or no repair costs as the online vehicle lease is under warranty
• You can trade your vehicle in every 24 or 36 months
• No trade in problems at lease completion
• Less sales tax

Leasing Cons:

• You do not own the vehicle at the end of the lease, but there is that option
• Mileage is limited to a certain amount every year
• Lease contracts can be confusing
• Wear and tear charges
• Terminating a lease could prove costly

Buying Pros

• You can modify your vehicle
• You will save over the long term if you own the car
• You can drive as much as you want
• More flexibility
• You can trade the car in when you purchase another

Buying Cons

• Higher down payment
• Monthly vehicle payments are higher
• You are responsible for any repairs after your warranty has expired
• Selling or trade in problems
• You’ll have more money tied up in the vehicle, which will depreciate the minute you take it off the lot

According to Eminent online auto leasing, leasing a car or truck will give you more vehicle for less money as you are only paying for two or three years instead of forking out the cash or making payments over time.

If you would like more information regarding an online vehicle lease, sign up with Eminent Auto Leasing. It’s free and can save you time and money.

Sign up now.