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Know whether Leasing or Purchasing a Car is better

Nov 26th 2014 at 1:34 AM

 

 

You couldn’t agree more on the thought that there’s no one point to prove that whether buying or leasing is better or the other way around in that case. Your decision is up to you to decide what suits you the best and make a wise decision accordingly. Before you choose to be clear with all your options, know the difference between the two and make your decision after knowing it all. Go through the complete overview of leasing and buying a car and make your decision as soon as possible.

 

 

Consider going through some pros and cons of buying and leasing a car are as below:

 

onsiderable Pros of Purchasing a New Car

· It’s kind of beneficial as you get to be the only owner of your car that actually frees you from the pain of payments.

· You can anytime sale your vehicle and choose to buy a new car at any point of given time.

· You are always free to drive wherever you want and those extra miles are always allowed when you own your car.

· No issues regarding millage as you are always free to drive your limits out

· No issues regarding damages or mishaps as you can always carry those small things easily.

· You are always free to accessorize and even modify your vehicle

 

Cons of Purchasing a New Car

· Your monthly installments can be much higher than your leased vehicles in hand.

· You need to pay higher down payment

· Continuous depreciation and diminishing vehicle's resale value.

· Much higher car repair bills

 

Pros of Car Leasing

· Lesser monthly payments as compared to purchased cars

· Comparatively smaller payments or maybe nothing at all

· No tax fees on sale

· No concerns related to depreciation

· Low credit rating as just few companies are only willing to work with you

· You can anytime claim for tax deduction

 

You should understand what really goes well when you choose to go for Singapore car rental online. The experts know it all and thus you should rely on their expertise before you choose to go for car leasing services online. Make the most of services online as leasing a car is more than beneficiary than buying one in long run as you can always rely on any such services. Ensure you seek the right agreement with your dealers and get away with everything in perfection of ease that follows.

 

 

About the Author…

Daina Motley is serving the Auto industry from the past several years. She often writes on topic related to Car rental services in Singapore. To know more about Car Leasing Singapore visit www.dreamcarrental.sg

 

 

 

 

 

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