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We take care of our customers every step of the way at Indy Car Financing, and we want to make sure you know all of your options when shopping for a new car. We’ve noticed some common car leasing misconceptions among our Zionsville and Brownsburg drivers and want to clear them up for you. Afterward, be sure to fill out our online finance application so we can start processing your paperwork toward a new or used vehicle.
The Most Prevalent Myths About Car Leasing
Since many people have some different ideas about what a car lease entails, we want to dismiss some common myths about the leasing process.
- Cost: Some people believe a lease is more expensive than buying, but that will depend greatly on how much you drive and if you exceed mileage limits.
- Mileage Overage Fees: Most overage fees are just pennies per mile, and they are detailed in the lease signing. It’s rare that they end up costing the driver significantly.
- Wear and Tear: Regular wear and tear is expected on your car, and you will only be expected to pay for repairs if it exceeds everyday wear.
- It’s Impossible to Leave: While leases have fixed terms, many also have early termination agreements. The closer you are to the end of your lease, the easier it is to break it with minimal cost, though.
For What Kind of Driver is Leasing Ideal?
We think a lease can be right for any driver, but you should consider one if you
- Like driving the latest vehicles, changing up your car every few years
- Prefer to have a lower monthly payment
- Don’t want to commit to long-term investments
- Want the option to try a car out extensively before deciding to buy it in full
The short terms of a lease make it easy to change cars every few years, and since you only pay for the depreciation, it tends to have a lower payment.
How Can Indy Car Financing Help?
While we specialize in working with drivers who have bad credit or no credit, helping them get an affordable car loan and rebuild their credit, we can help with leases as well. Indy Car Financing is based out of Speedway Chevrolet in Indianapolis, and we can go over your leasing options when shopping for a new vehicle. Whether you finance to own or lease your next vehicle, regular monthly payments will help boost credit ratings into the good or great range.
Contact us for Quality Car Leasing Options Near Brownsburg and Zionsville Today
If you still have questions about leases, we want to help. Brownsburg and Zionsville drivers can learn more about their car leasing options by contacting Indy Car Financing or stopping by our location in Indianapolis. Don’t hesitate to give us a call at (855) 468-6215 to learn how we can help put you behind the wheel of a new or used vehicle.