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Z Auto Sales and Leasing has teamed up with hundreds of auto dealerships and banks to offer a wide range of lease and finance options. Chances are we can find a lender and a program to fit your budget.
By applying for credit online, you will spend less time filling out paperwork at the dealerships. Our online process is safe, secure, and best of all, we are fast.
Leasing versus buying. The answer? It depends.
Leases and loans are simply two different methods of automobile financing. One finances the use of a vehicle; the other finances the purchase of a vehicle. Each has its own benefits and drawbacks.
It's not possible to simply say that one is always better than the other because it depends on your own particular situation and preferences. You must not only look at the financial comparisons but also at your own personal priorities what's important to you.
BUYING AND LEASING ARE DIFFERENT
Choosing whether to lease or buy is an important decision. You should consider leasing, if you'd like to drive a new car every two or three years, prefer lower monthly payments, drive under 12,000 miles per year and want to avoid paying for any major repair work.
However, you should think about purchasing your next vehicle if you like to keep your car for longer than three years.
WHY DO LEASES COST LESS PER MONTH
As an example, if you lease a car that costs $20,000, that will have an estimated value of $13,000 after 24 months, you pay for the $7000 difference (depreciation), plus finance charges, plus fees.
When you buy, you pay the entire $20,000, plus finance charges, plus fees. This is fundamentally why leasing offers significantly lower monthly payments than buying.