What is it about car leasing that makes it so unpopular with certain consumers? When you lease a car, it’s always brand new, your payments are well structured, and you have the security of knowing you have good warranty coverage. One truly needs to have a sense of security with their car and leasing is almost always the surest means of getting that sense.

However, where there is added security, we often find less freedom. This is also the case with a car lease. Adherence to a strict maintenance schedule is part of almost any car lease deal, and it can cost a lot of extra money to skip these requirements. A car lease almost always comes with mileage restrictions as well, and going over that limit can also cost you greatly.

So, while it’s nice to have a shiny new car with all the securities that come with a lease, you can’t drive the car however much you want or even whenever you want. Unless you want to pay exorbitant fees, you may have to decide against that trip you were planning with the family. Going over the mileage restrictions on a lease can sometimes be more expensive than buying train tickets, plane tickets, or even renting another car.

Perhaps you aren’t pushing the mileage limit, but the car is nonetheless due for scheduled maintenance. If you must go, you will likely want to make other arrangements, lest you be stuck with more violation fees for missing it. Due to such inconveniences, a person on the go would be wise to avoid leasing.

For those with good credit, payments on a car loan are often less than they would be on a lease. This is particularly true of used cars, which often come at far greater value per mile. When deciding on a car, one should always consider the cost per mile. This would include not only fuel cost, but the purchase price, taxes, insurance, and maintenance estimates as well. Many prospective buyers and lessees disregard such important factors when making their decisions.

Owning the car after all payments are made on the loan is another attractive reason for buying instead of leasing. You can sell or trade a car you own, but you have to buy or give back a car you’ve leased. In other words, you reap the benefits of taking good care of your car instead of being threatened with punishment for failing earn those benefits on behalf of the leasing company. Often, a lease assumes the car will be resold in the best possible condition.

In order to receive the full estimated value of the car, heavy charges can be incurred for failing to meet the maintenance requirements. Placing maintenance requirements on the lessee makes possible for the leasing company to offset potential losses. The rewards are all yours when you buy, but so are the risks.

For you or your business, leasing might still be the best option, but perhaps you still have a better idea what you’re paying for. With a lease, you pay for security and reliability, and you deal with the restrictions. When you purchase, the risks are all yours, but yours too is the freedom to drive as you please.

To lease a car contact Leasing Options. Leasing Options as well can help with van leasing.