Leasing can offer many advantages over conventional vehicle financing. There’s
the excitement of driving a new Chrysler Corporation, General Motors or Ford vehicle
more often. The benefit of upgrading to a larger or more luxurious vehicle for
about the same monthly payment as buying a more standard vehicle. The advantages
of knowing the Guaranteed Future Value of your vehicle. These are just a few of
the excellent benefits of leasing.
Take this quick quiz to discover if this popular financing alternative is
right for you.
A SIMPLE TEST CAN GUIDE YOU
Find out if the advantages of leasing fit your needs.
- Do you wish to avoid reselling or trading in your used vehicle?
- Are you tired of searching for the best conventional finance rates?
- Are you interested in getting more car for your money?
- Would you like to drive new vehicles every two or three years?
- Is it important for you to keep yourself free from long-term financial obligations?
- Are you interested in the tax advantages of leasing?
If you answered “yes” to three or more of these questions, then a lease may
be the perfect choice for your lifestyle.
Your dealer can give you specific comparisons between purchasing and leasing
the Chrysler Corporation vehicle of your choice.
LEASING BENEFITS:
PAY ONLY FOR THE PART OF THE VEHICLE YOU USE When you purchase a vehicle
you pay for the whole vehicle over a period of time. With leasing, you contract
the use of a vehicle for a limited time, so you only pay for the time you use
it.
YOU’RE DRIVING A NEW VEHICLE…FREQUENTLY Leasing offers you the opportunity
to drive a new vehicle more often because most leases are just 24 or 36 months
long. If you’re interested in driving a new vehicle every two or three years,
leasing may be the best choice for you.
LEASE END OPTIONS:
At the end of your lease, you have three options:
- Keep It
Purchase your vehicle at the predetermined “Purchase Option Price.”
- Turn It In
Return your vehicle to your dealer, pay any fees and charges, and lease a
new vehicle.
- Buy Out and Sell
Buy your vehicle at the predetermined “Purchase Option Price” and sell it.
FREEING YOUR MONEY FROM LONG-TERM FINANCIAL OBLIGATIONS
If it’s important for you to keep yourself free from long-term financial obligations,
leasing may be the right vehicle financing choice for you. Since many leases
require less money up front and lower monthly payments, your finances are available
for other uses.
SALES TAX ADVANTAGES
When a vehicle is purchased, the buyer is required to pay state and local sales
tax on the entire price of the vehicle "up-front", at the time the vehicle is
purchased.* Since you are driving your vehicle for a limited time, you only
pay sales tax for the term of your lease agreement.
*Sales tax rules may differ |
