What are the advantages and disadvantages of short term leasing?
Advantages: • There is usually no down payment. • There is more flexibility, you can choose find a lease for the number of months or years that suit your needs. • If you don’t like the vehicle, you’ll know the lease will soon be over and then you can choose a different vehicle next time. Disadvantages: • The mileage limit may be stricter and you will have to pay for extra miles. • Since it’s not a brand new car, it may not be in perfect condition. • You will still need to maintain the vehicle and pay for any damages. Where can you find a short term lease? A short term lease of a few weeks is best done through a car rental company. If you need a car for at least a few months to a year, then a lease takeover is better. You can sometimes find short term lease offers in newspaper classifieds or magazines. If you happen to find a lease in this way, remember it’s not legal until the lease company approves and changes the contract. You can’t just take over the payments. The easiest way to fin
