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Leasing and Rent-to-Own Vehicles

When you are looking into leasing a vehicle, you are able to get a new model car for a low monthly payment and at the end of the lease term, you either have the option of purchasing the vehicle or going into another lease on a different car. As with many things, your ability to lease is dependent on your specific financial profile.

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If a leasing style program appeals to you but your credit prevents you from making that a possibility, you may want to consider a rent-to-own auto program. This program is similar to leasing, except instead of being worried about mileage or wear restrictions, you are able to make payments on used or pre-owned vehicles. You don’t have to worry about how often you drive it, and at the end of your contract, you own the vehicle.

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