Consider Leasing a Car
If you're looking for a new car, but not ready to make a long-term commitment, leasing your next car or truck might be a sensible option. Most leases are three years long, and at the end of the lease you have the option to buy the car. So, you have plenty of time to decide if you like the car and want to keep it longer. Most dealerships will negotiate a favorable buyout price. Check out this article from AutoTrader.com for more information on buying out a lease.
The biggest advantage to leasing is you get more car for your money. According to USNewsRankingandReview.com, "The car's monthly payments are typically lower because you're only paying for the future depreciation of that vehicle, and not the actual sales price. For example, on a $30,000 car, you'd finance the entire $30,000 purchase price with a car loan. With a car lease, you only pay a percentage of that."
On the other hand, a lease generally requires a larger down payment than a purchase. Generally these down payments can be negotiated, but you may have to compromise and pay a higher monthly payment.
At this time, Pamby Motors has a great deal on leasing a Jeep 2014 CHEROKEE SPORT FWD.
$199/Per month for 39 months $2,199 total due at signing,
No security deposit required.
Offer expires on 09-30-2014.