Connect with us

Business

Car Leasing Options To Finance Your Dream car

As the exotic and luxury car industry continues to expand in the automotive marketplace, an increasing amount of auto collectors are turning to chattel mortgage and leasing as a way of getting into the car of their dreams. This discerning group of collectors is finding convenient, flexible leasing programs are becoming an attractive option opposed to traditional financing plans for numerous reasons, ranging from cash conservation to tax benefits. Many leading exotic and collector car leasing companies have responded to this trend with the “Simple Lease” program, a financing experience designed to make getting into one’s dream car a convenient, even profitable experience.

Car Leasing Options To Finance Your Dream car

Many Financial Services companies realize what these vehicles mean to their clients. So, with their ‘Simple Lease’ program…clients can switch cars, end the lease early, or own the car at the end of the contracted lease period with very little problem. Their goal is to make the process of getting into a Ferrari or Bentley as simple for their customers as for someone leasing a conventional ca.,”

Many auto collectors are unaware of the advantages of leasing an exotic or collector car. A couple examples below:

Using Your Exotic as a Business Expense

Often, an exotic or collector car can be used for business purposes and written-off as a business expense. Many people have realized a Ferrari or some other high-profile car could serve as a significant cornerstone to their business promotion. Often times, businesses can use an exotic as a perfect tool for corporate advertising. In these cases, an exotic or collector car may be considered a legitimate corporate expense.

Sales Tax Advantages

When a vehicle is purchased outright, sales tax is due immediately up-front. With a leasing program, one doesn’t have to pay this lump sum at the front end of the sale. In most states, sales tax with a lease is calculated based on your monthly payment schedule and not required to be paid up front. With high-priced exotics, up-front taxes can cost tens of thousands of dollars for buyers. With a chattel lease program, consumers have the ability to pay this tax incrementally.

cash conservation Leasing allows buyers to free up more of their working capital for other investments. Tremendously less capital is needed when entering a lease with an exotic or collector car than when dealing with traditional financing programs.

Lease Options

1) clients can choose to pay-off the remaining residual on the auto and own the car outright.
2) Another option Premier Financial clients have is to sell the car, pay off the residual, and keep any difference made from the sale.
3) clients may be able to trade their car into a dealer, who can pay-off the residual on behalf of the owner. The owners are then able to keep any of the difference earned from the dealer sale.
4) Lastly, one can refinance the remaining residual through a new lease with the Financial institution of his or her choice without a large cash outlay and continue owning the car.

Continue Reading

Recent Posts

TheWiSpy Best Spyware For Android In 2020 TheWiSpy Best Spyware For Android In 2020
Tech9 hours ago

TheWiSpy Best Spyware For Android In 2020

Are you trying to find the ideal mobile phone spyware program for this year? We have the one for you!...

Garden Shed Buying Guide Garden Shed Buying Guide
Home Improvement9 hours ago

Garden Shed Buying Guide

Are you searching for the best and attractive solution for storing the extra items of the house? Do you also...

6 Most Common Gynaecology Surgeries and Procedures 6 Most Common Gynaecology Surgeries and Procedures
Health1 day ago

6 Most Common Gynaecology Surgeries and Procedures

Have you been advised by your Singapore gynaecologist that to further examine a GYN problem, you need a procedure?  You...

3 Keys if You Want to Look Better 3 Keys if You Want to Look Better
Health5 days ago

3 Keys If You Want to Look Better

Are you generally happy with your look these days? In the event you said no, what steps can you take...

What Can You Do to Strengthen Your Business What Can You Do to Strengthen Your Business
Business5 days ago

What Can You Do to Strengthen Your Business?

Operating a business means you have a lot of weight on your shoulders to say the least. With that in...

Should You Buy Real Estate At The End Of 2020 Should You Buy Real Estate At The End Of 2020
Investments5 days ago

Should You Buy Real Estate At The End Of 2020

Experts analyzed the prospects and possible scenarios for the development of events. Residents of the US are warned about the...

How To Be A Confident Person How To Be A Confident Person
Life Hacks1 week ago

How To Be A Confident Person

Attractive, confident, funny, charismatic. These are some characteristics that define an alpha individual. While we all know what the goal...

Why Do Cats Get Diarrhea? Why Do Cats Get Diarrhea?
Pets1 week ago

Why Do Cats Get Diarrhea?

If you’re a pet owner, then you’ll know that one of the most common problems you need to deal with...

Common Reasons For Visiting An Orthopaedic Surgeon Common Reasons For Visiting An Orthopaedic Surgeon
Health2 weeks ago

Common Reasons For Visiting An Orthopaedic Surgeon

Have you suffered regular knee or back pain? Do you feel tired or stiff for a long time after resting...

Best Wholesale Beauty Product Suppliers In 2020 Best Wholesale Beauty Product Suppliers In 2020
Business2 weeks ago

Best Wholesale Beauty Product Suppliers In 2020

Beauty products include a range of goods that are used to care and enhance the appearance of your face, hair,...

Understanding The Benefits and Uses Of Reusable, Washable Breast Pads Understanding The Benefits and Uses Of Reusable, Washable Breast Pads
General3 weeks ago

Understanding The Benefits and Uses Of Reusable, Washable Breast Pads

Breast pads are every mother’s best friend post the delivery. They’ve been a lifeline for various reasons and from numerous...

Big Things A Digital Marketing Business Conducts Big Things A Digital Marketing Business Conducts
Tech3 weeks ago

Big Things A Digital Marketing Business Conducts

The customary word “ad” is defined as a communication procedure between the group of onlookers and the imminent business moving...

International Shipping In A Global Pandemic International Shipping In A Global Pandemic
Business3 weeks ago

International Shipping In A Global Pandemic

The Covid-19 pandemic completely turned the world on its head, in more ways than one. Beyond the devastating medical challenges,...

8 Ways To Reduce Stoke Risk 8 Ways To Reduce Stoke Risk
Health3 weeks ago

8 Ways To Reduce Stoke Risk

Stroke is the fifth leading cause of death in the United States. To help you understand how severe and common...

Top Whey Protein Recipes To Lose Your Body Fat Top Whey Protein Recipes To Lose Your Body Fat
Lifestyle4 weeks ago

Top Whey Protein Recipes To Lose Your Body Fat

Losing weight and keeping the kilos off is not an easy thing to do. Everything from what you consume to...

Categories

Archives

Trending