The supervisors at FairLease talk about the benefits of leasing a new car.

Dallas, TX, — While many people dream about breathing in that brand, new car smell as they drive around town, sticker shock may scare some away. It is possible to enjoy many of the benefits of buying without the potential drawbacks. It’s also feasible to save money along the miles. Auto leasing provides a distinct alternative that can put prospective lessees in new cars for less.

“Auto lessees get to enjoy the benefits of driving new vehicles for terms of three to five years without being exposed to some of the costs associated with purchasing,” explain the supervisors at Dallas-based FairLease. “By insulating them from upside down loans, depreciation and repair bills, leasing can save people as much as 50 percent over buying.”

While the specific terms of an auto lease will vary, some of the cost savings lessees are likely to experience include:

• Lower upfront expenses – Credit qualified lessees may find the auto leasing company they are working with does not require a down payment or security deposit. In some cases, only the first month’s lease payment may be required. This can help lessees contain their upfront costs and may make it more feasible to select a higher-end vehicle that may not have been affordable otherwise.

• Lower monthly payments – Lease payments tend to be a great deal less than loan terms. This can help lessees save money on an ongoing basis while still affording them the ability to drive a new car.

• Insulation from repair bills – Factory warranties new cars are covered under do go along with lease agreements. This can save lessees from unexpected repair expenses that maytake a big bite out of the budget.

“Auto leasing provides a distinct, more affordable way to enjoy access to a new car for less,” say the supervisors at FairLease.

To find out more about automobile leases, visit FairLease online at www.fairlease.org.


About FairLease
FairLease, a credit union owned and operated company, follows a credit union philosophy of serving people, meeting their needs and providing the best product at a reasonable price. In essence, we want "lessees for life". That's why we work so hard to take care of our customers and treat them fairly. In return, they get honest deals from a source they can trust.