Because we’re Lexus dealers near Green Cove Springs, FL, many motorists turn to us when they have automotive questions. We’re always happy to address inquiries because we want you to get the most out of being a car owner or lessee.
We often field a lot of inquiries about leasing, which is why we thought it would be a good idea to share some information about the process. While it’s not the right move for every driver, leasing is typically a smart alternative for motorists who drive less than the average number of miles per year and don’t have a lot of money to put down.
Americans drive an average of 13,000 miles per year. Leases include a restriction on the number of miles you can drive per year, which is often less than that figure, although the restriction may be higher than 13,000 miles in some cases. If you drive more than the allotted number of miles each year, you’ll have to pay a penalty when you return your vehicle to the dealership.
In general, drivers who choose to lease a car have to put less money down compared to motorists who purchase a vehicle instead. Lessees also typically have lower monthly payments. Because you don’t have to put as much down and normally have a lower monthly payment, leasing is an affordable way to access an automobile without breaking the bank.
If you enjoy having a car with the latest and greatest features, leasing may be for you. With many leases lasting only 24-36 months, you’ll be able to lease a new car every couple years.
To learn more about leasing one of the new Lexus cars in our showroom, visit Lexus of Orange Park to talk to our talented sales and finance experts today.