It has been reported lately that many New Yorkers are selling their old cars. This is happening because many people have lost their jobs and unemployment rates are high. People are looking to earn some extra money while removing the extra expenses associated with owning a second car.
While many people might be tempted to go out and buy a used car off the market in NYC, there is a better option. A better option that is more convenient, less expensive, and less of a headache; that is to lease a car in NYC.
What is buying a used car a bad idea?
Buying a used car is not the best idea, especially not in the current economy.
First, buying a used car requires physically going out and shopping. Sure you can try to find the car you want online, but a used car can potentially have many issues. It is always suggested to go check out the car in person, take it to a mechanic you trust, negotiate, and transfer the title and money, in person. With the spread of coronavirus, and with NYC being hit especially hard. All of the interaction in the used car sales process can be a risk for you and your loved ones.
If we set the health risk and convenience factor aside, there is still the issue that buying a used car is never a good investment. Think of all the hassle the individual selling their car has to go through, wash it, advertise it, negotiate, meet with people, only to get less money than they paid for it.
But here is an alternative.
Why leasing a car is a better option?
Leasing is a far better option to get the best deal on a car. With online car leasing companies, you can completely avoid all of the risky interactions that we have been warned to stay away from during the pandemic. Today, you can shop for the car you want, get quotes based on your mileage needs, and credit score, and finalize the lease, all from your home.
Leasing prices don’t require a lump sum down payment. Zero down leasing is a big thing in NYC, and with flexible options, you can have a low monthly payment, without having to pay cash upfront as you do with a used car.
Lastly, you will never have to worry about the resale value. You can skip the steps of cleaning, advertising, and waiting to sell the car, and losing money in the future. When you lease a brand new car, you simply return it at the end of the lease contract, no ifs, ands, or buts.
Make the better option, and shop for a brand new car lease today:
