With locations in Grand Prairie, Houston, Dallas, and Fort Worth, D&M Leasing has become the largest consumer automobile leasing firm in the country and serves customers throughout Texas. D&M Leasing provides custom-tailored leases through an experienced team. Auto leases offer a number of benefits over purchasing, such as the following.
1. New car options. Automobile leases provide customers with a new car every two to four years and include options for new and late-model vehicles. This also grants customers access to new technology features and allows them to potentially avoid expensive repair and restoration bills often associated with used cars.
2. Lower expense. Leasing can cost less than purchasing a new vehicle and often consists of lower monthly payments. Additionally, leasing does not require customers to make an initial down payment with the exception of promotional deals.
3. Avoid ownership liabilities. Cars can begin to deteriorate and decrease in value over time, which can put owners in the position of needing to pay for expensive repairs or needing to purchase a new one before the vehicle is paid off. Leases eliminate these risks with standard GAP insurance and bumper-to-bumper warranties.
4. Reduced sales tax. Most states in the US and Canada do not charge sales tax on the entire value of a leased vehicle and instead only charge customers based on the portion of value used over the course of lease’s duration. Additionally, taxes are divided among monthly payments, which lessens the burden of a tax bill.