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Luxury cars aren’t exactly the most affordable options in the market, but there are plenty of ways to bring the price down and to make it possible to own the car of your dreams. To make a car affordable, you have to focus on bringing down the monthly payments. There are two ways of doing this. You can extend the duration of your loan out by a few years—which means more interest—or you can choose to lease the vehicle instead. If you had to ask us, the latter option is the most sensible option.
When you purchase a new or used car, you have to cover the total cost, which, in the case of most new vehicles, is over $20,000. If you get yourself a luxury vehicle, you’re looking at a price that is twice that amount in many cases. Spread that over just five or six years and toss in the cost of interest, and you’re looking at some pretty hefty monthly payments.
When you sign a lease, the duration is pre-set, and as you’re only leasing the vehicle for a few years, you are only paying for the time that you’re driving the vehicle. Essentially, you’re just paying for the depreciation, which is why the monthly payments are far more affordable. Even if you lease a brand-new luxury vehicle, you can take advantage of payments that are far less than what they would be if you were to finance and purchase the vehicle.
There are generic benefits to leasing, but there are also advantages of leasing that are specific to us here at O’Regan’s National Leasing. For example, we have a wide range of both new and used luxury cars in stock here, all of which are easily accessible right here on our website, making it easy for you to see exactly what we have available.
In our new car inventory, you’ll find more affordable luxury vehicles from brands such as Hyundai, Kia, Infiniti, Lexus, Nissan, Scion, Smart, Subaru and Toyota. In our used car inventory, the list of luxury brands is even more extensive. Among the top luxury automakers are Acura, Aston Martin, Audi, Bentley, BMW, Buick, Cadillac, Jaguar, Land Rover, Mitsubishi, Mercedes-Benz, Volkswagen, Volvo and more.
To get started with a lease on an affordable luxury car, we encourage you to head to either our new or used car inventories, where you can search by brand and find all of our available models from the luxury automakers listed above. If you have any questions, or feel like you are ready to take the next step with a lease in Nova Scotia, be sure to get in touch with us. We would be more than happy to get the process started so that we can get you behind the wheel of the car you want for the price that you need.