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Understanding the INFINITI Leasing Landscape
Leasing a car, especially a luxury vehicle like an INFINITI, has become a popular choice for many consumers. A car lease offers the advantage of driving higher-end cars without the burden of a large down payment, allowing for more frequent vehicle upgrades and potentially lower monthly payments, along with included maintenance services. However, the question remains: Is now a good time to lease an INFINITI? Crossroads INFINITI of Raleigh will outline what you need to know about leasing and if it’s a good time to do so. Contact our dealers today.
What Is Car Leasing?
Car leasing is a type of financing agreement that allows you to use a car for a set period of time in exchange for monthly payments. Think of it as a long-term rental. You get to drive a new car without the hefty price tag of buying one outright. At the end of the lease, you have a few options: return the car to the dealer, purchase it at a predetermined price, or extend the lease. This flexibility makes car leasing an attractive option for those who enjoy driving a new car every few years without the long-term financial commitment of ownership. Read on to decide if now is a good time to lease a car.
Is Leasing an INFINITI Car a Good Idea?
Let’s review if now is a good time to lease a car. There are several compelling benefits that make it an attractive option for many drivers, including:
Lower Monthly Payments: One of the biggest advantages of leasing a car is the lower monthly payments compared to buying. Since you’re only paying for the car’s depreciation during the lease period, your monthly payments are generally lower.
New Car Every Few Years: Leasing allows you to drive a new car every few years, which means you can always enjoy the latest models, technology, and safety features.
Warranty Coverage: Most leased cars are under warranty for the duration of the lease, which means you’ll have fewer maintenance and repair costs to worry about.
No Trade-In Hassle: At the end of the lease, you can simply return the car to the dealer without the hassle of selling or trading in a used car. This can save you time and effort.
Is Leasing A Car Worth It?: Factors to Consider
Several factors can influence whether or not now is a good time to lease an INFINITI car.
Market Conditions: The overall automotive market, including supply and demand, can significantly impact when it’s a good time to lease a car. When inventory is low, and demand is high, lease rates may increase. Conversely, when supply exceeds demand, lease rates may be more favorable.
Lease Incentives: INFINITI and dealerships often offer enticing lease deals, such as low-money-down options, residual value guarantees, or complimentary maintenance. Timing is crucial when engaging with car dealerships to maximize savings on leases. These incentives can make leasing more attractive to consumers.
Interest Rates: Interest rates play a crucial role in determining lease payments. Lower interest rates can lead to lower monthly payments, making leasing more affordable.
Your Financial Situation and Needs: It may be a good time to lease a car now if you have a steady income, a good credit score, and a desire to drive a new car without the long-term commitment of ownership.
Analyzing the SignatureFLEX® Lease
If you’ve ever found yourself in a position where you need an extension on your lease, you’ll be happy to know that INFINITI has you covered. With INFINITI’s SignatureFLEX® lease program, you can pay for extra mileage on your rental.* At a rate of $0.10 per mile, this program offers a flexible and customizable leasing experience. Now you can easily purchase additional miles if your driving needs exceed the initial mileage limit. This highlights a good time to lease a car now without fully committing to your ride.
The End of Your Lease Period: How It Works
As your INFINITI’s lease approaches its end, INFINITI is committed to providing a smooth and enjoyable transition. To ensure a seamless process, it’s important to be prepared for the upcoming steps. Let’s explore your options after you’ve completed your lease.
Replacing: This is a good time to lease another car as you can get the latest model or switch to another INFINITI if you’re eager to try something new.
Returning: If you don’t want another ride to lease, simply return the vehicle to your dealership and we’ll take care of the rest.
Purchasing: Don’t want to part with your ride? You can purchase it with our help.
We’re here to help you decide whether or not it’s a good time to lease another car when your INFINITI lease comes to an end.
Ready to Start Leasing?
Whether now is a good time to lease an INFINITI depends on a variety of factors, including market conditions, lease incentives, interest rates, and your personal circumstances. By carefully considering these factors and taking advantage of available deals, you can make an informed decision about whether leasing an INFINITI is the right choice for you. Additionally, comparing the financing options available, such as auto loans for buying versus leasing, can help you understand the benefits of equity accumulation and potential cost-effectiveness in the long run. Get your lease started by shopping from Crossroads INFINITI of Raleigh today.
*The IFS SignatureFLEX Lease Program is available on any Infiniti Model Year 2022 or newer from new dealer stock financed through Infiniti Financial Services (IFS). After lease signing, Program Lessee can purchase additional mileage at $0.10 per mile through the IFS customer portal or mobile app up to 30 days before Program Lessee’s lease maturity date provided Program Lessee’s account is current and in good financial standing as solely determined by IFS. Purchase of additional mileage is subject to sales tax. No refund or credit on unused miles. Subject to residency restrictions. At lease end, pay excess wear & use plus $0.15 per mile (for mileage over the original lease agreements of 15,000 mile per year or 12,000 per year, plus any additional mileage purchased during the lease term) or $0.25 per mile (for mileage over the original lease agreement of 10,000 per year or 5,000 miles per year, plus any additional mileage purchased during the lease term). Disposition fee due at lease end if Program Lessee does not exercise the purchase option. No security deposit required. Other restrictions apply. Contact participating dealer for details. Offer is subject to change at any time and/or is subject to termination without notice.
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