Benefits of Leasing a Mazda

Benefits of Leasing a Mazda

Buying a car can be overwhelming. The truth is that in most cases, the joy of getting a new vehicle can quickly become stressful during the financing decision-making process and price negotiations. However, leasing a car is a more cost-effective and accessible means of sourcing a car in many cases. If you are unfamiliar with a lease, it's essentially renting a car for a specific period, meaning there is no need to spend an excessive amount on upfront costs. While it means you don't own a vehicle outright, there are several other advantages to consider. Here are five of the best benefits of leasing a car.

Lower Monthly Payments

Leasing a car routinely results in monthly payments that are as much as 60% lower than buying the exact vehicle. This allows you to drive a car that you typically would not afford, and this is perhaps the biggest advantage that leasing offers.

No Hassles with Used Cars

You return the car to the leasing company when your lease is over. There is no headache of trying to sell your old used car. You simply drop your vehicle off and walk away.

Low or No Repair Costs

Most leases are no longer than the manufacturer's warranty, and in a lot of cases, your car is covered under the manufacturer's bumper-to-bumper warranty. This means you will never have to worry about significant repair costs.

Tax Benefits

Another great benefit of leasing a car is that you can typically write off the entire lease payment as a tax deduction if you are a business owner. Don't worry. There are still tax benefits if you don't own your business. Many states only tax you on the "usage" portion of your lease, which means you don't have to pay taxes on the total price of the vehicle. This can save a few hundred dollars versus buying a car and paying taxes on the total amount.

Drive the Latest Cars

As mentioned above, leases typically are only 2-3 years in length, which means that you can upgrade to the latest technological advances and safety features every few years.

Pearson Mazda wants to lease you a new Mazda!

If you would like to learn if leasing a Mazda is right for you, then come and speak with one of the knowledgeable finance professionals at Pearson Mazda. We help all kinds of no matter the credit level. Furthermore, we will work with you to secure a no or bad credit car loan if your situation demands it. Pearson Mazda has strong relationships and is committed to finding you the perfect car loan company to suit your car finance needs.

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