Medusa

6 facts about car leasing

<p>Leasing of vehicle is one of the most common things that are preferred by most of the people&period; What is interesting is leasing vehicles having many benefits over owing one&period; At the initial stage it is always advised to lease a vehicle&period; Leasing of vehicle is done for a particular period agreed under payment of certain rent&comma; most appropriate for that period&period; Many companies have come up now providing the facilities of leasing vehicles&period; Below are some facts which show why car leasing is beneficial&period;<&sol;p>&NewLine;<ol>&NewLine;<li><strong>Lower monthly payment&colon;<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p>Leasing the vehicle has very low payment as the rent is divided on a per month basis&period; When leasing the car a certain sum of money is agreed&comma;which is to be paid periodically which is generally on monthly basis&period;<&sol;p>&NewLine;<ol start&equals;"2">&NewLine;<li><strong>No down payment&colon;<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p>What is interesting is that the consumer does not have to pay any down payment as the ownership is to some other person&period; No down payment makes it very easy on the hands of the person to easily maintain the vehicle&period; Saving on money and at the same time having all the benefits of owing a car makes car leasing very common and popular everywhere&period; It is generally done on vacations or rented stay for project work and many more&period; In these cases it is very beneficial to lease vehicles as per work&period;<&sol;p>&NewLine;<ol start&equals;"3">&NewLine;<li><a href&equals;"https&colon;&sol;&sol;medusamagazine&period;com"><strong>Less maintenance&colon;<&sol;strong><&sol;a><&sol;li>&NewLine;<&sol;ol>&NewLine;<p>One of the most interesting facts of leasing a car is that there is no headache of maintaining and repairing the vehicles&period; The individual is only going to use the car for a particular period when in most cases repairing is not needed&period; There are cases where the individual wants to use the car for longer period than it has to be maintained to get endless service&period; Having less to worry about the maintenance also helps in saving a lot of money which can be used for other productive purposes&period;<&sol;p>&NewLine;<ol start&equals;"4">&NewLine;<li><strong>Tax free&colon;<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p>Many places have the benefit of tax free exemption on leasing of vehicle&period; Many times the tax itself amounts to a huge sum making it difficult to own the vehicle&period; With the help of tax less transaction&comma; renting of vehicles has gained huge popularity&period; The tax is only paid on the portion of vehicle used by the individual that amounts to a very negligible amount compared to owing a car&period;<&sol;p>&NewLine;<ol start&equals;"5">&NewLine;<li><strong>No selling hassles&colon;<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p>One of the most benefited reasons of having a leased vehicle is it that it has no issues of selling it when the work is done&period; The individual using the car has to simply return it to the provider&period; Selling of cars these days is troublesome and the deal always is not profitable always&period; There are instances where owner sell their cars at very low price seeing the bad condition of the market&period;<&sol;p>&NewLine;<ol start&equals;"6">&NewLine;<li><strong>Opportunity to keep changing cars&colon;<&sol;strong><&sol;li>&NewLine;<&sol;ol>&NewLine;<p>With the extent in <strong>leasing option<&sol;strong> today there are wide possibilities for individuals to keep changing cars from time to time&period; As there is no ownership which lies on the person&comma; it is always possible to make exit when the individual thinks the car has proved its worth and can switch to a new one&period;<&sol;p>&NewLine;

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