When considering getting your next electric vehicle, you should look into the buying and leasing benefits separately to see which option will suit you best. Whether you secure financing to buy your next car from the Acura dealership or you drive away having signed a lease on a brand-new electric vehicle, you can be sure that you’re getting a fantastic vehicle regardless of which option you choose.
4 Benefits of Leasing a 2025 Acura Electric Vehicle From The Acura Dealership
1. Leasing Benefits People Who Don’t Like Hassle
When buying a car, you apply for financing, find the best deals, and then pick an offer. It can be a time-consuming process. When leasing, there’s no hassle with arranging financing; you just discuss the terms of the lease and then complete the paperwork.
When your lease period is up, all you have to do is bring the car back to the dealership and deal with any end-of-lease paperwork and fees that are applicable. You don’t need to have the car appraised, negotiate a good deal, and then get paid for trading in the car. Overall, leasing has a lot less hassle and can save time.
2. Leasing Requires No Big Down Payment
When you buy a car, you also need to pay a down payment of up to 20 percent of the car’s value. If you don’t have this money to pay up front, then you may have to wait a while and save up before getting a car, which can be inconvenient.
If you need a car ASAP, then leasing is a great option. There’s a lot less to pay up front. You may have to make your first month’s payment on the lease, and there are a few fees you’ll typically have to pay, but the up front costs are significantly lower than the cost of a down payment on a new vehicle.
3. Leasing Monthly Payments Are Lower
When you get a car loan, you pay back the full value of your vehicle plus interest. When leasing a car, your monthly payments cover the cost of the vehicle’s depreciation throughout your lease period. So, if you sign a three-year lease on a $64,000 electric Acura and its value will depreciate by $20,000 in three years, then your lease payments only cover that $20,000 and any fees applicable to your monthly payment.
4. You Get Upgrades Often
Because the average car lease is 2 to 3 years long, you get to upgrade to the newest electric car pretty regularly. Newer cars may have faster charging times or better range, as well as a ton of other upgrades, making changing cars every couple of years very appealing.
Are you interested in leasing your next electric Acura car? Come to Fox a cure of El Paso in El Paso, TX, to talk to us about what car will be best for you.
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