The Advantages of Leasing Rather Than Owning

Would you purchase a home or invest in a stock knowing full well that in two years it could be worth only 50% of your original investment. The answer is obvious, of course. However, that is what happens when you purchase an automobile or truck.

Most people continue to buy rather than lease because they do not have a full understanding of how leasing works or because it is just the way they have always done it in the past.

Rule #1 – Purchase things that APPRECIATE
Rule #2 – Rent or Lease things that DEPRECIATE

There are REAL advantages to leasing!

Consider the following:

• A Lease provides lower monthly payments than debt financing. Term for term, lease payments can be from 15% to 40% lower than conventional loan payments.
• A Lease requires far less or no down payment to achieve the same or lower payment as a purchase. Usually the only cash required is the first payment, which leaves you cash for home purchases, investments, retirement accounts, accelerated payments on higher interest rate credit accounts, cash reserves or emergencies.