Choosing to lease a new 2016 SUV can be a smart financial decision.
Leasing offers many advantages over financing and purchasing a car outright in some circumstances. To be sure if a new SUV lease is right for you, there are are few simple questions you can ask yourself.
- Do you plan on keeping your new SUV for only a few years before getting a new vehicle?
- Do you plan on driving your new SUV less then or about the same as the average driver?
- Do you usually keep your vehicles in top condition?
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If you answered yes to all of the above questions then a new SUV lease may be a good idea for you.
If you routinely trade your vehicle in every few years then buying or financing does not make a lot of sense as new vehicles depreciate fastest during the first few years.
If you drive more then average then leasing may not be in your best interest. Most leases have a set mileage amount for the period of the lease. Any excess mileage may cost you big when it comes time to return the vehicle.
If you do not usually take good care of your vehicles or due to work are very hard on a vehicle the excess wear and tear charges that may be levied on you once your lease is up may not make an suv lease a good deal.
In conclusion you can see that deciding on a new 2016 SUV lease may make sense in certain circumstances. Always due your homework and research before you enter into any new SUV lease to see if that is the best solution for you.