What are the Benefits of Leasing a Car?

May 16th, 2018 by

Couple stands next to 2018 Camry

Forget everything you’ve ever heard about leasing a vehicle. With all the benefits of leasing a car, there’s no reason not to do it! So, if you’re wondering, “why should I lease a car?” you’re about to find out.

Benefits of Leasing vs. Buying a Car

Leasing offers significant financial advantages, starting with better deals on price. This is because discounts are controlled at the manufacturer level and are usually greater than what the dealer can offer for a sale. Monthly lease payments are lower than loan payments, and so are the initial down payments. Plus, leasing also allows you to predict and control your costs, based on how much you drive. Business owners can also claim larger tax deductions with a lease vs. a loan, up to 100% compared to fifty-four cents per mile.

Lease Your Next Car at Rusty Wallace Toyota

There are other benefits of leasing a car – it’s a quick, easy process, you don’t have to worry about selling your old car, and you get to drive a new vehicle more often. At Rusty Wallace Toyota in Morristown, our financing team can help you find a lease that matches perfectly with your needs and budget. Stop in and see us today! We’re located conveniently near Knoxville and Sevierville.