A Few Advantages of Leasing an Automobile

 

Leasing an Automobile pic
Leasing an Automobile
Image: dmautoleasing.com

D&M Auto Leasing has leased thousands of vehicles since the company opened in 1976, and 75 percent of its business comes from referrals or repeat customers. That means customers appreciate D&M’s service. The largest auto leasing company in America, D&M Auto Leasing has locations in Dallas, Fort Worth, Grand Prairie, and Houston.

Americans leased more cars in 2016 than any previous year, but many consumers are still unsure of the advantages of leasing a car over buying one. The first major advantage is that customers do not have to put down as much money up front, which makes an expensive car more affordable.

Leased cars used for business purposes are a direct write-off, and there is no need to amortize or keep track of mileage. Leased cars are also easy to upgrade to the latest model every two or three years.

Many people are concerned about not owning anything after making all the payments on a leased car. Unfortunately, even if you purchase a car, it is a depreciating asset. When a new car is driven off the lot, 20 percent of its value is already gone, and by the time the car is paid for, it is worth very little on the open market.

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