A Lesson On Leasing

November 9th, 2018 by

Closeup of white 2019 Acura RDX grille

While many drivers understand the affordability of buying used and the convenience of buying new, many ignore the option that offers both. Leasing is a solid choice for drivers who are searching for a way to drive quality vehicles without spending their life savings. The overall leasing process is simple once you actually take the time to look into it, and those who sign up for a lease deal rarely regret the time they spent driving the best vehicles the market has to offer. So, let’s take a look at what leasing a vehicle is all about and why we recommend an Acura lease.

Leasing Basics

Leasing a vehicle is when you sign a contract that allows you to rent it for an agreed upon period of time. Leasing contracts will also include a set maximum mileage that you will have to pay X amount once you go over, and you will also need to pay for any damage that goes beyond general wear and tear or is not covered by the included warranty. The average period of time for a lease is two to three years, but this is always negotiable. Your leasing deal can also often be extended upon request, or you are free to just buy the vehicle for its reduced value at the end. Another thing that is negotiable is the price you will pay, including the cap cost. Leasing is only available for the newest models and will allow you to drive them with only a small monthly fee, which is what makes it such an attractive option to most. Generally, those who will get the most out of leasing are drivers who tend to enjoy updating their vehicle every few years and don’t mind the idea of never owning their vehicle in exchange for driving something newer.

Leasing Benefits

Leasing is all about convenience and quality, and so the benefits are beyond appealing to many drivers. Here are just a few of the top reasons drivers enjoy leasing:

Lower Payments

Not only will the monthly payments be lower due to the fact that you will not own the vehicle at the end, but the down payment is flexible as well. The logic behind the lower payments is that you will not get the advantage of selling or trading in the vehicle afterward, so dealers must reduce the price to reflect that.

Newest models

If you ask every lease owning driver in the nation why they decided to lease, the answer you will get 80% of the time will be that it is because they get to drive the best vehicles on the market with all the top-of-the-line features and that new car smell. For those that truly prioritize the quality of their vehicles, there are no better options than an Acura lease to keep you always at the head of the pack.

Warranty Assured

This car does not belong to you, so you can bet good money on the fact that not only you but the dealership you are leasing from will want to do everything they can to keep this vehicle safe and sound. That is why leasing not only suggests but requires a warranty in case of any unforeseen accidents that could happen on the road.

There is no Afterwards

Deciding what to do with a vehicle after it has outlived its appeal or use can be a major struggle. When it comes to leasing, though, the choices are pretty direct. You can either renew the lease, get a new lease, buy it for its reduced value, or just return it and move on. This is what convenience truly looks like.

Are You Suited For Leasing?

While leasing may not be the perfect option for everyone, there are plenty of drivers who would find it the most agreeable investment choice for their lifestyle. If this list speaks to you, then you may be the perfect candidate for leasing:

  • You enjoy newer vehicles
  • You are fiscal as well as fickle
  • You drive around 10,000 to 15,000 miles a year
  • You know how to keep your vehicle in good condition
  • You do not like to be inconvenienced with owner issues

Quick Leasing Tips

Now while leasing can be a convenient solution, it still is a part of the highly complicated car buying process and a few tips could never hurt. So here are just a few things to keep in mind when thinking about getting a lease.

  • Never Lease a vehicle for too Long
  • You don’t have to pay upfront on your lease, and you probably shouldn’t
  • Always Consider Gap Insurance
  • Don’t just see them as monthly payments, but as a lump sum
  • Know the items that are negotiable such as cost, mileage, and trade-in value
  • Know what you can negotiate such as taxes and fees
  • Try to understand the language of leasing such as capitalized cost, cap cost reduction, money factor, residual value, buyout price, acquisition fee, and disposition fee

White and red 2019 Acura TLX on snowy highway

Acura Leasing

While drivers rarely regret signing up for a lease, no one regrets signing up for an Acura lease that brings both luxury and thrills to your everyday life. Acura leasing is the epitome of leasing deals when it comes to getting the most out of this specific type of automotive investment. The main reason for this is that if you are going to be renting a vehicle, you might as well be renting from the best brand in automotive indulgence. Leasing is all about allowing yourself to live the best life possible in the moment, and Acura knows how to deliver that better than any other automotive manufacturer. But instead of just telling you about it, let’s take a look at all that an Acura lease has to offer with its vehicles:

Popular Acura Vehicle Classes:

  • Compact Sports Sedan
  • Performance Luxury Sedan
  • Luxury Crossover SUV
  • Third-Row Luxury SUV
  • Next Generation Supercar

Popular Acura Models:

  • Acura MDX
  • Acura TLX
  • Acura RDX
  • Acura TLX

No matter what you’re looking for in an Acura lease, you’re sure to find it among the diverse inventory of Orange Coast Acura. From the popular models listed above to the more rare Acura models, we keep our lot fully stocked with the vehicles our customers want. So, whether you’re aiming for sporty, powerful, or convenient, we’ve got you covered with all the luxury of the Acura name.

 

Leasing with Orange Coast Acura

Orange Coast Acura is where you come when you finally realize that you deserve to live a better life by owning a luxury vehicle that will give you a whole new lease on life. Our Acura leases will allow you the freedom to enjoy life to the fullest each and every day, and our top-rating service will make the process as quick and efficient as possible. Life is too short to live without experience the best it has to offer, so let us at Orange Coast Acura work with you to find the best automotive options possible for your lifestyle. From sports cars to family vehicles, our inventory will have the perfect luxury vehicle for you on our lot. And with the convenience of an Acura lease, you can keep driving new Acuras for years to come. So, if you’re eager to upgrade your current vehicle come visit Orange Coast Acura today!

Posted in Acura Lease