Leasing versus Financing an Acura
Clients who lease prefer to drive a new vehicle every 2-3 years and appreciate making lower monthly payments. For certain business clients there may also be additional tax advantages with leasing.
Clients who finance their vehicles tend to drive them for 5 to 10 years and appreciate driving without mileage limitations. They may also be used to paying the additional maintenance costs that are associated with older vehicles.
Leasing
- Drive the vehicle at its prime
- Less cash up front
- Less taxes paid
- Lower monthly payments
- A new car more often
- Guaranteed future value
- No down side risk of dimished value
- Tax advantage for business use
Financing
- Get the most out of your vehicle
- Ownership equity
- No restrictions on mileage
- Make changes to car's appearance
Information from Acura Financial Services