What is a Car Lease?

There are a lot of things to consider when purchasing a vehicle. Oftentimes, the first thing on people's minds is the price. After that, their wish list usually starts with trim level, color, as well as various other features and accessories. But one thing that often gets overlooked in research and shopping is whether it is more advantageous to buy or lease. The truth is there is no one, simple answer for everyone. It depends on your circumstances, as well as your driving habits.

Since not everyone is familiar with the ins and outs of leasing, your friends here at Island Auto Group wanted to take a moment to answer a few facts about buying and leasing, to help our visitors make the right choice:

Is it a Good Idea to Lease a Car?

There is no doubt that the benefits of leasing are numerous. Things such as not having to worry about trade-ins or selling your old vehicle, lower payments, and many others create advantages that are appealing to many drivers.

Can a Used Car Be Leased?

A lot of people are surprised to learn that the answer is "yes". Many dealers offer certified pre-owned leasing options.

Can One Buy the Lease Vehicle?

Nearly all vehicle leases come with an option to buy at the end. This may be in the form of a balloon payment, as well as an extended period.

To find out which options work best for you, come and see the knowledgeable auto professionals at Island Auto Group. In addition to a massive inventory of numerous new and pre-owned models, along with multiple different manufacturers, we also have a world-class finance department that will get you the best terms around.

So, stop by any one of our family of dealerships located in Staten Island. Or, you can also give us a call at (718) 987-7100 to speak with one of our helpful staff members.