Jul

30

Tips on Buying or Leasing a Car

July 30, 2010 | Leave a Comment


Author: Mark Etinger

Article:
Buying or leasing a car is an exciting time. There are many
aspects to choosing a new car that you should consider, and many
options to balance. Here are a few to get started:

1. New vs. Used: Gone are the days when buying used meant
risking the purchase of a lemon. Although it may be cheaper to
finance a used car, as soon as it leaves the lot it drops a lot
in value. So if you want to buy, a used car more often makes
better financial sense.

2. Buy vs. Lease: Leasing a car is a great way to drive the new
car you’ve always wanted. Plus you can trade it in after a few
years. When you buy, you can keep the car for a much longer
time, and possibly even resell it in the distant future – though
you do have to pay for maintenance.

3. Cool Features: Remote keyless entry for safety, anti-lock
brakes for when the roads are wet, a GPS when you get lost, and
side airbags for safety. These features are hard to live without
once you have them and are common in most new cars.

4. Reliability: Certain models are more reliable than others,
and if you desire certain specifics from your car (say you live
in the mountains and encounter lots of rain and snow) you should
know which brands are best suited for your lifestyle.

5. Fuel: A hot button issue in today’s car market. Electrics,
hybrids, gas, diesel: choosing a fuel efficient car is
important; buying a car that uses less gas can save you more
than a grand annually. Fight global warming too, and if you do
want a truck or SUV, check to see if your state penalizes gas
guzzlers.

6. Insurance cost: Depending on the make, year, model and color
of your car, you could wind up spending a lot more than you want
on semi-annual insurance.

7. Automatic or manual: Although the former are ever more
popular, manuals are cheaper and require less maintenance. Plus,
you can gauge exactly how fast you are going, and get a better
sense of the car, that is, if you know how to drive stick. It
doesn’t take too long to learn either, and manuals use less gas.

8. Don’t buy the cheapest: Buying a car “as is” can lead to big
expenses down the line. It’s worth it to spend a little more and
buy a quality vehicle than to always be taking your thousand
dollar car to the shop.

Overall, your financial situation will probably dictate the most
about what kind of car you choose — whether you’re looking to
buy or lease new cars. Remember, if you’re going to be driving
every day, this is an investment that you want to go about the
right way. Cars leasing is a great option if you can see this
being a short term car, or if you plan to buy your dream car in
a few years.

About the author:
Wheels to Lease of Brooklyn NY is one of the best quality car leasing companies.
If you are looking to lease new cars or a new york lease,
contact us for the best car lease deals.




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