When shopping for a luxury vehicle, you have a few options on where to spend your hard-earned money. If you’re looking at a brand new luxury vehicle, you’re going to pay a premium and the vehicle’s value will depreciate quickly. Going with a high-quality used vehicle can be a smart move where you’ll get an impressive luxury or exotic vehicle for a much better price.
The question is, do you want to finance or lease your luxury vehicle? Leasing gives you the flexibility that you can’t always get when financing a vehicle.
Here are three reasons to consider leasing your next luxury car or SUV from Somerville Auto:
There can be a few upsides to leasing a luxury vehicle compared to financing one. Leasing a luxury vehicle means you’ll always have the option to get a different vehicle every few years. Lease terms differ, but the average length is 3 – 4 years, so if you like variety, you can plan to get behind the wheel of a different luxury vehicle once your lease is done.
If you were to finance the same vehicle, you’re going to have to deal with the hassle of selling it at the end of the finance term. With a lease, as long as you abided by the details of the lease, you can simply bring the vehicle back and walk away, or move up to something even better. The choice is yours.
“...a regular new car drops 20 percent in value as soon as it leaves the dealer lot, and about a third over the next two or three years; a premium car often halves in value before you're ready to sell it.” - Mark Richardson, Globe and Mail
We’re an established, independent luxury vehicle dealership, and that means we have the flexibility to put together a lease solution that is designed specifically for your needs, lifestyle and, financial situation. It’s the kind of customer service you can only get at an independent dealership like Somerville. Contact our finance team today and they’ll get to work finding the lease program that’s right for you.
Our luxury vehicle inventory is one of the most extensive in the GTA with a variety of brands and models. From our selection of luxury and exotic cars to our extensive inventory of high-end SUVs, we have the vehicles you’re looking for. Porsche, BMW, Audi... we only carry the best. Lease your dream car, and in a few years time when your lease is up, bring it back and move up to an even better vehicle. Leasing from Somerville allows you to drive the vehicles you’ve always wanted.
For more information on leasing a vehicle from Somerville Auto, contact us today.