What Is Leasing, and What Does it Mean?

August 30th, 2018 by

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Looking for a new car, but unsure exactly how to go about the process? Then you’ll want to find out if leasing is right for you. At Acura of Fayetteville, we’re here to make that decision easy for you. If you may be interested in your next vehicle, explore our guide to leasing to find out just what that means. After that, reach out to our finance department and you’ll be cruising through the Bentonville streets in no time!

What is a Lease?

In simple terms, a lease is a short-term way to finance. It can sometimes be more affordable if you know you won’t be driving the car long-term or plan to upgrade to a different Acura model in the near future. When you lease, you are financing your chosen vehicle for the value of the car of a certain period of time instead of paying the entire value (which is what financing is).

Leasing is the choice of many Springdale drivers for the following reasons:

  • You can drive a new car roughly every three years
  • When you lease, monthly payments are often lower than monthly finance payments
  • Maintenance costs are typically under warranty (meaning no additional service charges)

Should I Lease My Vehicle?

In short, choosing an Acura lease depends on your specific needs and preferences. You may want to lease if:

  • You don’t necessarily know what kind of car you’ll need in the next several years
  • You plan on moving to a different area in the near future or next few years
  • You like to have the best of technology and new Acura features at your fingertips

Use our monthly auto finance calculator to get a better idea of how much your payments will be, then contact our finance department to speak with one of our experts.

Lease Your Vehicle at Acura of Fayetteville

Ready to find your next new Acura near Rodgers? Choose Acura of Fayetteville. We always have Acura lease specials on hand to make the process even simpler. Feel free to set up an appointment or stop by when you’re ready to explore exciting models like the TLX, MDX, and more!

Posted in Finance