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Auto Lease America and our team of leasing specialists have constructed this website to provide consumers with straightforward information about auto leasing from beginning to end. Simply stated, we want to provide our customers with a simple, cost-effective, painless way to lease or purchase their next vehicle. Auto Lease America wants to address the most common questions and misperceptions about auto leasing, how leases work, who should lease, leasing vs. buying, customer rights during and at the end of their lease term, etc. Auto Lease America recognizes that the popularity of auto leasing has exploded over the past few years. To our surprise, we find that most auto consumers fail to understand how leasing really works, or better yet, if leasing is right for them. Many consumers presently in an auto lease may be overpaying because they didn’t enter a lease that meets their requirements...while other consumers who could benefit tremendously from leasing are shying away because they simply are not comfortable with the leasing process and/or terminology. So if you are ready to lease a new (or pre-owned) car, if you are trying to determine if leasing or purchasing is right for you, or if you just need help with your existing lease, we hope that you find our service to be beneficial. What has sparked the increased popularity of auto leasing in America? A quick look at any auto advertising and you’ll see that lease payments are being quoted more and more. In short, auto leasing is rapidly becoming a more popular way to “finance” a vehicle in recent years. Perhaps as recently as 8 years ago, most auto consumers had never really heard nor considered leasing a viable options for their auto financing. Today, leasing accounts for nearly 35% of total auto sales in America (that’s more than double that of the previous decade)! Leasing professionals and industry analysts will attribute a variety of factors to the rising popularity of auto leasing in America. In our opinion, we believe that two main factors have led to the increased popularity of auto leasing. First, auto pricing in America has been climbing steadily while wage earnings and savings have not increased by the same increment. Second, tax law changes in the 1980’s eliminated the ability to write off interest on auto loans, thus increasing the total cost of ownership. Clearly, auto manufacturers identified that with the rising cost of purchase, the decrease in cash flow and savings, then the elimination of tax write off ability, auto sales would suffer dramatically if they didn’t figure out a way to make an auto purchase more affordable and attractive to auto consumers in America. In this case, auto manufacturers were right! The auto industry has seen dramatic dips in auto total sales as well as less owner/brand loyalty. Their answer to this dilemma was simple...they commercialized consumer leasing programs. They took what was primarily reserved for business leases and made it affordable and workable for the everyday auto consumer. Auto leasing has become increasingly popular because it enables consumers to drive the vehicles they want for less money! If you would like to learn more about auto leasing today or if you want to know if leasing is the best option for you, click here to visit our “Benefits of Leasing” page for more detailed information. Or if you feel you are ready to lease your next vehicle, simply call Auto Lease America toll free at 1-866-668-7275 or click here to receive your Custom Lease Quote and one of our leasing consultants will guide you thru our leasing process and structure an auto or equipment lease that is just right for you. |
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Call Toll Free 1-866-668-7275
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