No major outlay of capital—in other words, low or no downpayment.
Except for a refundable security deposit required on some leases, the lessee need not use savings or make a substantial downpayment as is required with a regular installment loan. That is, you can have your new car and your cash, too!

Lower monthly payment.
Your outlay over the term of the lease is usually several thousand dollars less than the comparable finance transaction. The average monthly savings range from 20-25 percent.

Pay less depreciation.
Smart business people avoid investing in a depreciable asset. While an automobile depreciates faster than most other assets, monthly lease payments are lower based on the value of the vehicle used at the end of the term, not the entire value of the car. The lessee pays for depreciation only for the lease term.

More car for less per month.
A lease customer can obtain a more well-equipped vehicle than under a financing agreement for the same dollars per month because lessors recognize the resale value of many options, during the time they drive it, not when they get ready to sell it.

Convenience.
Leasing relieves the user of the need to shop and negotiate the trade-in of an owned vehicle. When the lease term is up, he or she returns the vehicle and cycles into a new unit with no more effort than signing a new lease contact.

Rising costs of new automobiles.
In the last decade, nothing has fought the cost of rising automobile prices more than leasing.

Assistance with vehicle selection.
A lessor will guide a potential lessee in vehicle selection (make, model, color, and style) based upon their particular needs and financial considerations. Lessors have knowledge of and access to the specifications of all vehicles.

Assistance with equipment (options) selection.
With a keen understanding of the resale market, a lessor can assist a potential lessee in selecting the types of options, which will have the most value at the end of the lease.

A simpler business accounting record.
Leased vehicles do not require complicated depreciation and mileage records (as required by the IRS for purchased vehicles).