Lease with ease: Car leasing myths debunked
Leasing has become a popular way for travelers to acquire their favorite cars and utilize them for a long period without worrying about the upfront costs that most travelers usually have to face while buying a car. Is buying better than leasing? This question has been long debated among the car enthusiasts and industry specialists. The answer always depends on the traveler’s choice; some people have a better experience with car rental services in contrast to car leasing services that drives their decision to rent or lease a car in the future. So, for this post we have decided to put together a list of myths that may cause confusion or impact your decision of leasing a car. Read our car leasing tips below.
Leasing is a bad transaction:
Many industry experts suggest that buying a car is a better transaction for your monetary value than leasing a car, mainly because leasing requires you to pay a monthly fee on a consistent basis until your leasing period is over. Whereas, buying or purchasing a new car allows you to pay the sticker price up front so you don’t have to go to through the monthly payments. This is a great idea for those who can afford to pay the upfront fee. But for those who can’t, leasing is the perfect option to acquire a vehicle for long term use. Therefore, leasing is not a bad transaction for those looking to fulfill their transportation needs without worrying about the upfront cash.
Negotiating a good lease is impossible:
Another myth that people face while making a Car hire or lease decision is the negotiation of the deal. Leasing companies get a bad rap when it comes to negotiation deals. The truth is if you know what you are looking for and you have done your homework about car leasing deals, then there is a very slight chance that you will become a victim of a bad vehicle lease deal. So it all comes down to you and your research. You can easily find car leasing tips and tricks for negotiating a good deal.
You can’t get out of your lease early:
Many Car Hire Dubai services offer both short-term and long-term lease agreements that allow you to choose according to your needs. Quicklease.ae is one such service provider that offers flexible fee structure and 3 different types of leasing agreements that include Lease to Own, Long term lease and Short term lease. So, you can pick your lease term according to your needs without a worry.
There is hefty sum to pay at the end of the lease term:
This wouldn’t be a useful guide to leasing a car if it doesn’t point out this myth. Your lease agreement outlines the fee that you are required to pay to your rental or lease agency. You are only required to pay what you signed up for.
Find a reliable leasing service in your area, understand your lease agreement before you sign it, and make sure but you are comfortable with the terms and conditions and the requirements. A good research can help you find the right company and the right leasing service for your needs, so dig well before you sign a leasing agreement.