DMV Department of Motor Vehicles

Monday 6 April 2015

Car Rental Versus Leasing

When it is about buying a new car, you have to spend a whopping amount of money. That is why many car shoppers think about leasing a car rather than buying it. Attractive lease deals offered by the dealerships have been luring many customers to take up the lease option. Latest Chevy financing lease deals are a case in point.

Customers can choose between car leasing and affordable car rental services in Las Cruces. Though both the terms appear to have similar meanings, there are several differences in terms of financial arrangements, commitments and usage expectations. First of all, dealerships may offer you the brand new 2015 Chevy caron lease for a long period of time. It is a long-term commitment in which the customer can use the automobile as their own by making monthly payments to the car provider. By the end of the lease contract, the customer has to return the car in good condition. 
When it is about choosing the affordable car rental services, the customers are only signing up for a short-term commitment. Cars are usually rented out for several days or a few months. You don’t have any ownership on the rented car as you are just paying a simple fee to use the automobile for a specific period of time. 

Leasing provide the customers a chance to own the car. Several dealerships are offering lease-to-own deals nowadays which allow the customers to pay enough to own the car outright over a time. Auto lease centres offer an extensive selection of new and used car models to pick and choose from. Whether you need a pre-owned Cadillac or brand new 2015 Chevy car on lease, the dealerships are mostly likely to arrange it for you. But when you rent a car, the choices are too limited. Learning these differences can help you when paying visit to the nearest dealership or car rental centre.

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