With the pandemic still in order, many car dealerships have incentives to lease a car.
The question customers constantly ask is, where do I start? Do I lease or buy? What we have for you is that leasing just may be your best bet.
Of course, that just depends on your savings and your lifestyle.
But we’ve collected some information to make the purchase somewhat easier. The term for leasing is for three-years. This is to ensure that the customer doesn’t have to sign their soul over to a permanent investment. Overall, leasing is great for those that live fluid lives.
To jump right into it, September has some top cheap incentives for those looking to lease. We have listed a few of our favorites below.
- 2020 Honda Fit— This car is available with no payment required during the time of signing. Over the span of 36 months, you can pay $210 a month.
- 2020 Honda HR-V— For 35 months, you can pay just $250 per month. This also, fortunately, doesn’t require any payment on the spot.
- 2020 Jeep Renegade— For $129 a month for 36 months, you can lease this guy! However, due to the lower monthly payments, this requires $1,829 on the spot.
- 2020 Subaru Impreza— You could pay $228 a month for 36 months. This doesn’t require a downpayment.
With a lease, there’s a catch!
Aside from these incentives, dealerships also offer cashback options. What’s funny is that they’re not actually giving you cashback. What they’re doing is giving you a discount. This is because certain vehicles aren’t selling as much as they’d like. These discounts range from $500 to $5,000.
One thing to keep in mind is that some states tax these cashback incentives. These are the states that don’t tax cash back incentives:
- Alaska
- Arizona
- Delaware
- Iowa
- Kentucky
- Louisiana
- Massachusetts
- Minnesota
- Missouri
- Montana
- Nebraska
- New Hampshire
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- Texas
- Utah
- Vermont
- Wyoming
Happy leasing!
