Many luxury car enthusiasts prefer leasing over buying their vehicles for various reasons, including experiencing full driving enjoyment without needing to pay the full price upfront. Leasing can often require less of a down payment and is easier on credit scores than financing.
Additionally, some leasing companies provide luxury vehicle lease deals without requiring a down payment at all - typically as car manufacturers provide special lease incentives to encourage more people to choose leasing over buying. Usually offered through dealers' captive finance companies; however, independent leasing companies may sometimes provide better lease offers than what's provided directly from car manufacturers.
Leasing a luxury vehicle gives you the opportunity to experience driving an elite automobile without incurring maintenance or repair expenses. But you must be prepared to take excellent care in returning it in good condition at the end of its lease period, and ensure sufficient auto insurance to cover damages sustained during its tenure.
Leasing a luxury vehicle offers several distinct advantages, beyond just being worry-free with maintenance or repair costs: not only can you drive one without incurring maintenance or repair bills; you also gain the chance to stay up-to-date with automotive design trends thanks to most leases lasting three to four years, as you have the option to trade up at lease end; plus leasing allows you to try different cars every few years!
Some lease agreements also come with warranty coverage that lasts a specified number of years, such as INFINITI's bumper-to-bumper and powertrain warranties that last 4 years/60,000 miles or 6 years/70,000 miles depending on which model you select. Such assurance gives you peace of mind in making this important decision to lease a vehicle.
As well, if you are leasing a luxury vehicle it is also essential that you understand your relationship with the leasing company or dealership. Notify yourself of this rule when renting from certain leasing companies: they require that the person placing the reservation must match up exactly with the name on their credit card. This can protect both the company's reputation as well as ensure all reservation, cancellation and damage policies are discussed with one person - eliminating confusion if your driver cannot drive. Furthermore, make sure the company you work with has an outstanding commitment to customer service that ensures every rental goes as smoothly as possible.
