3 reasons a lease may be favored over a purchase:
1) With a lease the payment may be more affordable then a standard purchase because you are only making payments on the depreciating value of the vehicle, hence why you have a residual value at the end of the lease.
2) Most leases are for 36 months meaning that the vehicle is under warranty the whole time of ownership.
3) You can trade, sell, or if you decide to purchase the vehicle at the end of the lease term, however at the end of the lease term you enquire negative equity you can walk away and let the bank assume the negative equity.
Please ask a Sales Consultant or our Finance Manager if you have questions about leases: 503-722-5000.
