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LEASING
In
a lease, you do not purchase an automobile.
You contract to use it for the first,
and best, period of its life. If preferred
you could choose to lease one of our
used vehicles. Following are some additional
benefits to leasing a Mazda.
Less Cash Up Front - When comparing
a "lease vs buy", one of the biggest
advantages of a lease is that it does
not usually require a substantial down
payment. In many states, you can even
pay the sales taxes as part of your
monthly lease payment, rather than in
a lump sum.
Lower Monthly Payment - If the finance
period is the same, your monthly payments
will be lower when leasing (vs. traditional
financing) because your payments will
be based on the vehicle's estimated
depreciation. (You are contracting to
use a portion of the car's value, rather
than buying the entire car).
A New Car More Often - Your taste and
preference may change, and a short-term
lease makes it easy to drive a new car
more frequently. Additionally, you may
have needs for a larger or smaller car
in a few years, and a lease makes it
easy to plan for such changes.
Guaranteed Future Value - You don't
have to worry about resale value. If
your car depreciates more than the estimated
residual value in your lease contract
at full term, you can turn it in at
the end of your lease term. But if it's
worth more, you can buy it and keep
it or resell it. A lease gives you an
option.
Tax Advantage for Business Use - People
who use a lease car for business may
find larger tax deductions with leasing
than with buying a vehicle. Check with
your tax advisor.
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BUYING
When
deciding whether to buy or lease, a key
thing to consider is how long you plan
to keep the vehicle. If you typically
keep your vehicle for five to ten years,
then traditional financing may be your
best option. We will secure the best loan
for your new vehicle, with competitive
rates and terms designed to meet your
needs.
Pride of Ownership - Ownership can instill
a sense of pride. It can also build equity.
Payment by payment, an owner's equity
may increase.
No Restrictions on Mileage - This is important
to consider if you drive more than 12,000
to 15,000 miles per year.
Make Changes to Car's Appearance - You
can alter the interior or exterior to
suit your taste (though your choices may
affect the resale value).
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