Benefits of Leasing
Leasing is the most cost-effective and risk-averse way of owning a vehicle. Vehicles are depreciating assets that are subject to many factors that cause them to lose value. Some of those factors are Accidents, Market Value fluctuations, and many other factors that are out of your control.
Leasing can protect you from many of these factors. When you own a vehicle and get into a minor or major accident and the vehicle is not written off, you are subject to regular depreciation and also depreciative loss due to collision. Insurance companies do not like writing off Luxury vehicles in the $60,000 to $200,000 price range. They would rather repair them and put massive Car Fax claims on the vehicle which causes the resale value to decrease significantly.
When you lease a vehicle you are not subject to these losses. At the end of the lease, you can hand the vehicle back with no penalty. This is the primary reason that leasing is so attractive to consumers. The other benefits are found in changing vehicles frequently and enjoying newer technologies more often as the contract terms for leasing are shorter then owning a vehicle. As long as you drive 1,000 km to 30,000 km per year you are a candidate for leasing.
The primary reason that leasing is so attractive is the ability to transfer a Lease. When you own a vehicle and trade it in after a few years you can lose a huge sum of money due to depreciation. When you Lease a vehicle and you like to change vehicles frequently, you can Transfer your Lease for a fraction of the cost of trading it in.
Lease-Transfer.ca has the perfect lease for you.