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Lease Happy



If you've never thought about leasing you might want to consider it now. Here's the scoop...

Some leases offer low monthly payments with a big down payment like $3000 or more. Other advertised leases offer a no money down option, but less affordable payments like $450 a month. Combining no money down with a low monthly payment is rarely seen.

Another consideration is the miles you get to drive in a lease. Many advertised lease specials limit you to only 10,000 annual miles to avoid a penalty. Once again, it is rare to get the miles you need at a low monthly payment.

However, with the Brown's Mazda Sign & Drive lease offer you get the best of both worlds with extra miles thrown in for good measure.

 Your only upfront fees are tax, tags, and processing fee. We even pick up your first payment and include your security deposit. Your monthly payment for 42 months starts as low as $219 a month and your can drive up to 12,000 miles a year or customize the miles to meet your driving needs.

It's the best deal we've seen for fun-to-drive vehicles that get great gas mileage.

Here's the biggest reason why some people ALWAYS lease, and now it can pay off bigger than ever!

Consider yourself a non-lease person? The biggest reason why people lease is they're never upside-down in their trade-in!

Every day, people trade in vehicles that are worth less than they owe. This forces consumers to dig deep into their pocket for a down payment, or risk being turned down by the bank for a loan.

With new federal laws mandating higher average fuel economy, technology will be moving faster than ever. This will cause current vehicles with lower MPG to depreciate faster.

So why is this relevant? When cars depreciate faster, they are worth less over time. In a lease, that is the bank's problem--not yours! At the beginning of a lease, the bank estimates what the value of the car will be at the end of the lease. So the bank takes all the risk and you have three options, with no risk:

  • Keep it--You love the car and want to keep it, regardless of its current value
  • Trade or sell--If the car is worth more than the bank's estimated lease end value, you can sell or trade the car to take advantage of your equity
  • Drop it off-- If the car is worth less than the bank's estimated lease end value, you can just drop it off and avoid the loss

The Bottom Line

When you lease, you have shifted the risk of negative equity to the bank. You are free to evaluate the market, take advantage of the best option for you, and benefit from the latest technology breakthroughs that reduce the cost of operating and maintaining a vehicle.

Let us know if you want to learn more. Lease Happy:)