If you have the perfect luxury Land Rover picked out and are ready to hit the streets, it’s time to explore your financing options. You have two major choices in the arena: buying or leasing. While buying is pretty straightforward, a lot of the customers at Land Rover Ventura have questions about the leasing process. But don’t worry, because we’re here to help.
Before you take on the streets of Ventura, Camarillo, and Oxnard in your new SUV, read through our leasing guide below. Here, you’ll learn all about the benefits of leasing a car, see how leasing and buying differ, and find out how to lease your own Land Rover model.
Leasing vs Buying: Which is for You?
Leasing and buying are two of the main financing options we offer at our finance center. Though both result with you behind the wheel, there are a few differences to take note of.
When choosing to buy, you can pay up front with cash in full. However, typically a secured loan is needed through a lender or bank. With this option, the finance specialist will negotiate monthly payment costs, as well as interest rates based on your credit history. After this loan is fully paid off, the vehicle is 100 percent yours until it’s time for another upgrade.
With leasing, you will work with one of our finance specialists to craft a personalized contract. This includes what your monthly payment will be, as well as annual mileage amounts. Since leasing is much like a long-term rental, you will not technically own the vehicle. But this opens the doors to a lot of perks you can’t find when buying.
The Benefits of Leasing a Land Rover
The incentives that come along with leasing are plenty. One of the coolest perks is that you’re not tied down to a specific model for an extended period of time. Leasing allows you to find a brand-new vehicle equipped with all the latest advancements and drive it for a couple of years.
When your contract is over, you can choose to purchase the model or start another lease. Imagine what types of progressive features will be available in a couple of years! When you lease, you’ll always get to experience them easily. And this is just the beginning.
- Lower Costs: When leasing, you’ll have a monthly payment just like buying. However, instead of paying off the full value of the model, you only have to pay for the depreciation while you’re driving it. This typically results in lower monthly payments and little-to-no-money down.
- Tax Benefits: If you are leasing for business purposes, you may be eligible to receive money back or deductions when filing for taxes.
- Warranty Coverage: During the entire duration of your lease contract, your vehicle will be covered by a strong warranty plan. This helps save on routine maintenance and repairs at our service center!
- Easy Trade-In: If you want to upgrade your set of wheels, there is no need to spend time finding a buyer. Just turn over the vehicle when your contract is up, and we’ll take care of the rest.
How to Lease a Car at Land Rover Ventura
When you’re ready to dive into the world of leasing, the experts in our finance department are here. After filling out a credit application online or at our dealership, they’ll get to work and have you on the road in no time.
We invite all Ventura, Camarillo, and Oxnard customers to schedule an appointment with our finance specialists today. Before you know it, you’ll be driving away, experiencing the benefits of leasing firsthand.