How Much Do You Drive on a Daily Basis?

How Much Do You Drive on a Daily Basis?

We live in a society where people typically drive their vehicles for a short period and do not actually pay them off before jumping into a new one. There can be many reasons for this. This means that the total amount that they owed on the previous vehicle is tacked onto the new one so. Therefore, many people are indebted to their vehicles more than they are with their actual home loans. For these types of people, leasing a vehicle sounds like a good option because you get a new one every two years. The only issue with this is that you are only allowed a certain number of miles per year. So, for those of us who travel long distances every day back and forth to work, school or traveling, leasing is not the best option. We exceed the number of allotted miles in only a few months.

The Alternative to Leasing A Vehicle

So, what does someone do that travels great distances every day to be able to lease or to fit within the qualifications of a lease agreement? The best thing to do is to purchase a used vehicle. There is no sense in paying $75,000 for a brand-new truck when you can get the exact same truck with low miles on it for almost half the price. This is obviously a better investment as well. Yes, you may be obligated to keep the vehicle for the entirety of the six-year note, however, once it’s paid off there’s no harm in getting another one. This just means that it may not be wise to get a new vehicle every two years but possibly every 5 to 6 years. And, the best part about not leasing is that you are not obligated to stay within a certain number of miles every year. You can drive as much or as far as you want. When you lease a vehicle, you may want to take a trip out of state to watch the leaves change in Rhode Island, or travel along route 66 and see all the sites, however, you know that doing that would exceed the number of miles you are allotted for the year. Why should you restrict your travels because you lease a vehicle when you could own a vehicle and travel whenever and wherever you like?

Used Vehicles in Abilene, Texas

Purchasing a used vehicle instead of a brand-new one is not only a wise investment, but it really helps to cut down on the cost of your monthly payment. No one should spend as much on a vehicle payment as they spend on their mortgage. This is where buying used can be beneficial. Come see our wide selection of used cars, trucks, and SUVs at Williams Group Auto. We have three convenient locations with a helpful staff. You can visit us at www.williamsgroupauto.com to view our virtual showroom of our entire inventory available. We are here to help you find the right fit, come see us today.