The average auto lease lasts for 36 months, but there are many reasons to consider two-year car leases if you’re in the midst of new car shopping. A shorter lease makes more sense for some drivers, and Centennial Toyota is here to help you weigh your options. Here’s how to determine whether a shorter-term car lease makes more sense for your budget and driving needs.
Cons of Two-Year Leases
There are a few disadvantages to shorter leases.
- You have the flexibility to change vehicles, but also a seemingly endless cycle of model research.
- Shorter leases, like shorter loan terms, tend to have higher payments.
- You may find that you’re getting to know your car and everything’s finally starting to feel “just right” around the time that it’s time to return your vehicle.
Pros of Two-Year Leases
However, it’s not all downsides; switching out vehicles regularly has several benefits too. You’ll have access to the latest in safety and entertainment features, which means maximum protection and connectivity with every drive. You’ll also be able to find a vehicle you really like, have the time to get to know it, and may even find you want to buy it when the lease is over instead of returning it.
A short lease can also be a good option if you only need a vehicle temporarily. If your kids are getting to an age where one or more will be moving out or driving themselves, for instance, you may not want a three-row SUV for any longer than necessary. A shorter term reduces the risk of early termination costs, and gives you access to a safe and reliable vehicle for only as long as you need it.
Lease Toyota Models in Las Vegas, NV
No matter what your leasing needs may be, you can count on Centennial Toyota. Visit today to learn more about your leasing options, and to pick out a lease term that meets your needs, like a two-year lease.
