TO BUY OR TO LEASE?

NEW VEHICLE LEASING

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Before making a commitment, we encourage you to consider these variables which affect monthly leasing costs: What is the lease term? What options and equipment are included? Is a cash down payment or trade-in required? Does the lease require a guaranteed lease end value? Are there any mile restrictions? Do you have a fixed dollar purchase option in writing? Are you dealing with an established, reputable company that knows the automotive business? Leasing has become an increasingly popular means of securing reliable transportation for a growing number of drivers. Let a Riverton Motor Internet Manager take the mystery out of leasing and show you the advantages leasing offers as an affordable alternative to buying. Low initial costs A down payment of trade-in is not required. You need to provide the first month's rent and a security deposit at the time of delivery. Additionally, you pay sales tax monthly on the amount of your lease payment rather than on the total price at the time of purchase. Low monthly costs Leasing allows you to pay for only that portion of the vehicle you consume rather than the full life time value of the car or truck. A leased vehicle is depreciated to a pre-determined value which means monthly savings for you when compared to a traditional auto loan. Improved cash flow Lower initial and monthly costs offer the lessee the opportunity to invest in income generating or appreciating assets. For example, leasing rather than buying and financing might allow you to pay and additional $100.00 monthly on your mortgage. No matter what your financial position or plans, the cash flow opportunities leasing offers can be substantial. Preserve your credit lines Leasing a vehicle does not affect your available line of credit. While this may not seem important now, you may need or wish to have credit available at some time in the future for emergencies or to take advantage of unexpected opportunities. Simplified records Many lease clients appreciate the simplified record keeping that leasing provides. A fixed payment, precisely detailed on a monthly statement is provided for your records. Monthly payments can be made automatically, eliminating the need to remember to write or mail monthly payments.