A Little Known Fact Abouts Car Leasing.
1. A lease is a finance contract with a large balloon payment, (Residual value). Since this balloon payment is
tax free, a lease will save you money compared to financing.
2. Lease payments can be about half of finance payments because the balloon payment lowers your monthly
payment just like a down payment would if you finance; but with a lease, you never have to pay the down payment.
3. At lease end, the balloon payment is intended to be at least $1000 higher than its market value. This
difference provides additional savings to you.
Leasing VS High Mileage Driver
There is NO high mileage penalty. A vehicle's loss of value due to high miles will always be your loss, whether
you lease or buy. Typically, you loose less if you lease.
FOR CASH BUYERS: Ask USFA about a "One Pay Lease."