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It has been said "To purchase things that appreciate and only pay for the use of things that depreciate". Consider this. . .
Occasionally, one of our customers will say to me, "Sir, I'm seriously thinking about buying a car from you but frankly I'm confused. I've been taught that the smart way to buy a new car is to pay cash, and then to keep the car for a number of years to make the investment pay off. But your salesman is telling me something different. I just don't understand!"
The fact is these people are partly right in what they've been taught. After all, cars are depreciating assets. When you borrow money on a depreciating asset. Your automobile isn't an investment at all, it's a consumable expense. You buy a car to use it up, to consume it, not to realize a yield from it. But even with a cash purchase a car is justa big "prepaid" expense; not an investment at all! For any consumer the key questions is, "How do I minimize my cost of ownership?"
It has been said "To purchase things that appreciate and only pay for the use of things that depreciate". Consider this. . .
Our Leasing Plan offers a SOLUTION! True cost to Drive = Sale Price -- Resale Value -- Repairs
We package new automobiles with content that gives you the best value relationship between sale price and future resale value with no repairs. You can then actually drive a higher priced car for less cost than a lower priced model. How is this possible? It is very easy by leasing. The vehicle's purchase option price at the end of the a lease is guaranteed so the higher the resale the less you pay now.
By leasing a customer lets the financial institutions assume the resale risk. Therefore, you make a decision based on the lowest true cost to drive rather than on the sale price. |